Living Wage Calculation for Myrtle Beach-Conway-North Myrtle Beach, SC

The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family. The assumption is the sole provider is working full-time (2080 hours per year). The tool provides information for individuals, and households with one or two working adults and zero to three children. In the case of households with two working adults, all values are per working adult, single or in a family unless otherwise noted.

The state minimum wage is the same for all individuals, regardless of how many dependents they may have. Data are updated annually, in the first quarter of the new year. State minimum wages are determined based on the posted value of the minimum wage as of January one of the coming year (National Conference of State Legislatures, 2019). The poverty rate reflects a person's gross annual income. We have converted it to an hourly wage for the sake of comparison.

For further detail, please reference the technical documentation here.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $15.13 $30.65 $36.92 $46.49 $24.43 $29.92 $33.61 $35.93 $12.08 $16.75 $20.39 $23.33
Poverty Wage $6.13 $8.29 $10.44 $12.60 $8.29 $10.44 $12.60 $14.75 $4.14 $5.22 $6.30 $7.38
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25

Typical Expenses

These figures show the individual expenses that went into the living wage estimate. Their values vary by family size, composition, and the current location.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $3,177 $4,670 $6,990 $9,294 $5,825 $7,238 $9,305 $11,345 $5,825 $7,238 $9,305 $11,345
Child Care $0 $5,884 $11,769 $17,653 $0 $0 $0 $0 $0 $5,884 $11,769 $17,653
Medical $2,662 $10,449 $10,136 $10,276 $6,723 $10,136 $10,276 $9,930 $6,723 $10,136 $10,276 $9,930
Housing $9,239 $11,446 $11,446 $14,972 $9,663 $11,446 $11,446 $14,972 $9,239 $11,446 $11,446 $14,972
Transportation $5,113 $9,378 $11,672 $13,896 $9,378 $11,672 $13,896 $12,611 $9,378 $11,672 $13,896 $12,611
Civic $1,811 $3,889 $3,554 $4,127 $3,889 $3,554 $4,127 $3,982 $3,889 $3,554 $4,127 $3,982
Other $2,875 $4,687 $5,144 $6,216 $4,687 $5,144 $6,216 $6,235 $4,687 $5,144 $6,216 $6,235
Required annual income after taxes $24,878 $50,403 $60,712 $76,435 $40,164 $49,191 $55,267 $59,073 $39,741 $55,075 $67,036 $76,727
Annual taxes $6,593 $13,358 $16,090 $20,257 $10,644 $13,037 $14,647 $15,656 $10,532 $14,596 $17,766 $20,334
Required annual income before taxes $31,471 $63,761 $76,803 $96,692 $50,809 $62,228 $69,914 $74,729 $50,273 $69,671 $84,802 $97,061

Typical Annual Salaries

These are the typical annual salaries for various professions in this location.

Occupational Area Typical Annual Salary
Management $77,793
Business & Financial Operations $55,562
Computer & Mathematical $61,731
Architecture & Engineering $62,856
Life, Physical, & Social Science $84,565
Community & Social Service $40,768
Legal $51,582
Education, Training, & Library $51,500
Arts, Design, Entertainment, Sports, & Media $38,139
Healthcare Practitioners & Technical $61,526
Healthcare Support $24,829
Protective Service $35,183
Food Preparation & Serving Related $21,228
Building & Grounds Cleaning & Maintenance $23,520
Personal Care & Service $21,597
Sales & Related $24,645
Office & Administrative Support $31,520
Farming, Fishing, & Forestry $29,433
Construction & Extraction $36,953
Installation, Maintenance, & Repair $37,178
Production $33,617
Transportation & Material Moving $27,980