Living Wage Calculation for Owensboro, KY

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 $13.65 $28.03 $34.74 $44.42 $22.13 $26.77 $30.41 $32.30 $10.92 $15.42 $19.31 $22.30
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 $6,779 $13,559 $20,338 $0 $0 $0 $0 $0 $6,779 $13,559 $20,338
Medical $3,022 $7,943 $7,631 $7,771 $5,894 $7,631 $7,771 $7,424 $5,894 $7,631 $7,771 $7,424
Housing $6,780 $9,444 $9,444 $12,324 $7,260 $9,444 $9,444 $12,324 $6,780 $9,444 $9,444 $12,324
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 $22,779 $46,791 $57,995 $73,966 $36,933 $44,684 $50,759 $53,920 $36,453 $51,463 $64,318 $74,258
Annual taxes $5,606 $11,515 $14,273 $18,434 $9,089 $10,997 $12,492 $13,270 $8,971 $12,665 $16,029 $18,507
Required annual income before taxes $28,385 $58,306 $72,267 $92,400 $46,022 $55,681 $63,252 $67,190 $45,424 $64,129 $80,347 $92,765

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $75,900
Business & Financial Operations $58,979
Computer & Mathematical $60,759
Architecture & Engineering $74,529
Life, Physical, & Social Science $55,633
Community & Social Service $41,352
Legal $61,526
Education, Training, & Library $49,649
Arts, Design, Entertainment, Sports, & Media $34,845
Healthcare Practitioners & Technical $61,383
Healthcare Support $28,236
Protective Service $24,185
Food Preparation & Serving Related $20,062
Building & Grounds Cleaning & Maintenance $24,707
Personal Care & Service $22,221
Sales & Related $23,960
Office & Administrative Support $33,802
Farming, Fishing, & Forestry $33,679
Construction & Extraction $43,991
Installation, Maintenance, & Repair $49,086
Production $43,848
Transportation & Material Moving $32,246