Living Wage Calculation for Palm Bay-Melbourne-Titusville, 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 $11.14 $24.32 $28.65 $35.48 $18.68 $23.04 $25.41 $29.15 $8.83 $13.42 $15.57 $18.40
Poverty Wage $6.00 $8.13 $10.25 $12.38 $8.13 $10.25 $12.38 $14.50 $4.06 $5.13 $6.19 $7.25
Minimum Wage $8.46 $8.46 $8.46 $8.46 $8.46 $8.46 $8.46 $8.46 $8.46 $8.46 $8.46 $8.46

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 $3,010 $4,446 $6,682 $8,863 $5,518 $6,877 $8,872 $10,802 $5,518 $6,877 $8,872 $10,802
Child Care $0 $6,932 $10,449 $13,966 $0 $0 $0 $0 $0 $6,932 $10,449 $13,966
Medical $2,485 $7,905 $7,616 $7,737 $5,894 $7,616 $7,737 $7,638 $5,894 $7,616 $7,737 $7,638
Housing $7,704 $12,000 $12,000 $16,440 $9,564 $12,000 $12,000 $16,440 $7,704 $12,000 $12,000 $16,440
Transportation $4,322 $8,425 $10,689 $11,645 $8,425 $10,689 $11,645 $12,206 $8,425 $10,689 $11,645 $12,206
Other $2,812 $4,688 $4,867 $6,123 $4,688 $4,867 $6,123 $6,126 $4,688 $4,867 $6,123 $6,126
Required annual income after taxes $20,333 $44,396 $52,304 $64,773 $34,089 $42,050 $46,376 $53,213 $32,229 $48,982 $56,825 $67,179
Annual taxes $2,837 $6,193 $7,296 $9,036 $4,755 $5,866 $6,469 $7,423 $4,496 $6,833 $7,927 $9,371
Required annual income before taxes $23,170 $50,589 $59,600 $73,809 $38,845 $47,916 $52,846 $60,636 $36,725 $55,815 $64,752 $76,550

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $96,973
Business & Financial Operations $64,323
Computer & Mathematical $86,706
Architecture & Engineering $87,011
Life, Physical, & Social Science $68,857
Community & Social Service $38,291
Legal $68,938
Education, Training, & Library $41,767
Arts, Design, Entertainment, Sports, & Media $42,814
Healthcare Practitioners & Technical $65,838
Healthcare Support $29,183
Protective Service $42,784
Food Preparation & Serving Related $21,234
Building & Grounds Cleaning & Maintenance $23,318
Personal Care & Service $24,070
Sales & Related $24,823
Office & Administrative Support $31,836
Farming, Fishing, & Forestry $25,636
Construction & Extraction $39,541
Installation, Maintenance, & Repair $39,226
Production $35,506
Transportation & Material Moving $27,750