Living Wage Calculation for Ocala, FL

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 $15.18 $30.42 $37.97 $49.55 $23.90 $29.23 $34.33 $37.15 $11.73 $16.83 $21.60 $25.23
Poverty Wage $6.19 $8.38 $10.56 $12.74 $8.38 $10.56 $12.74 $14.92 $4.19 $5.28 $6.37 $7.46
Minimum Wage $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00 $10.00

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 $3,351 $4,937 $7,417 $9,838 $6,143 $7,645 $9,856 $11,999 $6,143 $7,645 $9,856 $11,999
Child Care $0 $7,936 $15,872 $23,808 $0 $0 $0 $0 $0 $7,936 $15,872 $23,808
Medical $2,871 $9,662 $9,449 $9,758 $6,908 $9,449 $9,758 $9,547 $6,908 $9,449 $9,758 $9,547
Housing $8,304 $11,268 $11,268 $14,712 $9,084 $11,268 $11,268 $14,712 $8,304 $11,268 $11,268 $14,712
Transportation $5,509 $9,776 $12,709 $15,012 $9,776 $12,709 $15,012 $16,304 $9,776 $12,709 $15,012 $16,304
Civic $2,503 $4,019 $4,965 $6,483 $4,019 $4,965 $6,483 $5,153 $4,019 $4,965 $6,483 $5,153
Other $4,508 $6,723 $6,150 $8,948 $6,723 $6,150 $8,948 $8,655 $6,723 $6,150 $8,948 $8,655
Required annual income after taxes $27,169 $54,444 $67,953 $88,683 $42,775 $52,309 $61,449 $66,493 $41,995 $60,245 $77,321 $90,301
Annual taxes $4,404 $8,826 $11,016 $14,377 $6,934 $8,480 $9,962 $10,780 $6,808 $9,767 $12,535 $14,639
Required annual income before taxes $31,573 $63,270 $78,969 $103,059 $49,709 $60,789 $71,410 $77,272 $48,803 $70,011 $89,855 $104,940

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $83,845
Business & Financial Operations $59,974
Computer & Mathematical $60,369
Architecture & Engineering $69,422
Life, Physical, & Social Science $52,441
Community & Social Service $42,779
Legal $54,067
Education, Training, & Library $0
Arts, Design, Entertainment, Sports, & Media $43,645
Healthcare Practitioners & Technical $65,409
Healthcare Support $30,827
Protective Service $41,473
Food Preparation & Serving Related $23,176
Building & Grounds Cleaning & Maintenance $26,269
Personal Care & Service $25,455
Sales & Related $28,141
Office & Administrative Support $34,518
Farming, Fishing, & Forestry $31,298
Construction & Extraction $38,167
Installation, Maintenance, & Repair $39,055
Production $32,774
Transportation & Material Moving $31,693