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 $14.47 $29.14 $35.85 $46.57 $23.60 $28.21 $31.94 $35.28 $11.57 $16.06 $19.88 $23.50
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 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00 $12.00

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 $3,792 $5,574 $8,343 $11,093 $6,952 $8,639 $11,106 $13,540 $6,952 $8,639 $11,106 $13,540
Child Care $0 $6,651 $13,302 $19,953 $0 $0 $0 $0 $0 $6,651 $13,302 $19,953
Medical $2,763 $7,627 $7,315 $7,455 $6,411 $7,315 $7,455 $7,108 $6,411 $7,315 $7,455 $7,108
Housing $8,568 $12,312 $12,312 $17,256 $9,372 $12,312 $12,312 $17,256 $8,568 $12,312 $12,312 $17,256
Transportation $4,900 $8,987 $11,186 $13,317 $8,987 $11,186 $13,317 $12,085 $8,987 $11,186 $13,317 $12,085
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 $2,794 $4,553 $4,996 $6,037 $4,553 $4,996 $6,037 $6,055 $4,553 $4,996 $6,037 $6,055
Required annual income after taxes $24,629 $49,593 $61,009 $79,238 $40,164 $48,003 $54,354 $60,026 $39,360 $54,654 $67,656 $79,979
Annual taxes $5,476 $11,027 $13,565 $17,618 $8,930 $10,673 $12,085 $13,347 $8,751 $12,152 $15,043 $17,783
Required annual income before taxes $30,105 $60,620 $74,574 $96,856 $49,094 $58,676 $66,439 $73,373 $48,111 $66,805 $82,699 $97,762

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $70,058
Business & Financial Operations $55,725
Computer & Mathematical $61,557
Architecture & Engineering $67,153
Life, Physical, & Social Science $57,127
Community & Social Service $44,973
Legal $62,488
Education, Training, & Library $41,454
Arts, Design, Entertainment, Sports, & Media $32,881
Healthcare Practitioners & Technical $68,902
Healthcare Support $29,239
Protective Service $47,081
Food Preparation & Serving Related $26,313
Building & Grounds Cleaning & Maintenance $28,983
Personal Care & Service $28,482
Sales & Related $27,152
Office & Administrative Support $34,467
Farming, Fishing, & Forestry $26,517
Construction & Extraction $43,950
Installation, Maintenance, & Repair $41,474
Production $38,027
Transportation & Material Moving $29,760