Living Wage Calculation for Prescott, AZ

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 $15.91 $31.47 $39.04 $51.85 $25.12 $30.80 $36.40 $40.34 $12.13 $17.50 $22.40 $26.47
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 $12.80 $12.80 $12.80 $12.80 $12.80 $12.80 $12.80 $12.80 $12.80 $12.80 $12.80 $12.80

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 $3,999 $5,893 $8,853 $11,742 $7,332 $9,124 $11,764 $14,321 $7,332 $9,124 $11,764 $14,321
Child Care $0 $7,150 $14,299 $21,449 $0 $0 $0 $0 $0 $7,150 $14,299 $21,449
Medical $2,607 $7,829 $7,616 $7,925 $5,910 $7,616 $7,925 $7,714 $5,910 $7,616 $7,925 $7,714
Housing $8,376 $12,612 $12,612 $17,496 $9,864 $12,612 $12,612 $17,496 $8,376 $12,612 $12,612 $17,496
Transportation $4,938 $8,762 $11,391 $13,456 $8,762 $11,391 $13,456 $14,613 $8,762 $11,391 $13,456 $14,613
Civic $2,581 $4,144 $5,120 $6,686 $4,144 $5,120 $6,686 $5,314 $4,144 $5,120 $6,686 $5,314
Other $4,748 $7,080 $6,477 $9,424 $7,080 $6,477 $9,424 $9,115 $7,080 $6,477 $9,424 $9,115
Required annual income after taxes $27,372 $53,594 $66,491 $88,301 $43,216 $52,464 $61,989 $68,697 $41,728 $59,614 $76,288 $90,146
Annual taxes $5,722 $11,860 $14,714 $19,541 $9,034 $11,610 $13,718 $15,203 $8,723 $13,193 $16,883 $19,949
Required annual income before taxes $33,094 $65,454 $81,206 $107,842 $52,250 $64,074 $75,707 $83,900 $50,451 $72,806 $93,171 $110,096

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $77,457
Business & Financial Operations $61,846
Computer & Mathematical $68,416
Architecture & Engineering $70,299
Life, Physical, & Social Science $59,792
Community & Social Service $47,872
Legal $62,135
Education, Training, & Library $43,849
Arts, Design, Entertainment, Sports, & Media $39,772
Healthcare Practitioners & Technical $77,340
Healthcare Support $33,470
Protective Service $49,338
Food Preparation & Serving Related $30,206
Building & Grounds Cleaning & Maintenance $31,993
Personal Care & Service $30,623
Sales & Related $30,613
Office & Administrative Support $37,397
Farming, Fishing, & Forestry $29,553
Construction & Extraction $46,770
Installation, Maintenance, & Repair $44,919
Production $40,414
Transportation & Material Moving $32,560