Living Wage Calculation for Racine, WI

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 $11.18 $25.32 $30.33 $37.48 $18.46 $22.77 $25.32 $28.77 $8.90 $14.00 $16.50 $19.44
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 $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 $3,075 $4,541 $6,826 $9,053 $5,637 $7,025 $9,063 $11,035 $5,637 $7,025 $9,063 $11,035
Child Care $0 $9,034 $13,271 $17,507 $0 $0 $0 $0 $0 $9,034 $13,271 $17,507
Medical $2,611 $6,933 $6,645 $6,765 $5,424 $6,645 $6,765 $6,666 $5,424 $6,645 $6,765 $6,666
Housing $6,660 $10,296 $10,296 $13,836 $7,860 $10,296 $10,296 $13,836 $6,660 $10,296 $10,296 $13,836
Transportation $4,289 $8,362 $10,608 $11,557 $8,362 $10,608 $11,557 $12,115 $8,362 $10,608 $11,557 $12,115
Other $2,929 $4,883 $5,070 $6,378 $4,883 $5,070 $6,378 $6,381 $4,883 $5,070 $6,378 $6,381
Required annual income after taxes $19,565 $44,049 $52,716 $65,096 $32,166 $39,644 $44,059 $50,033 $30,966 $48,678 $57,330 $67,540
Annual taxes $3,694 $8,611 $10,363 $12,856 $6,229 $7,720 $8,613 $9,810 $6,062 $9,547 $11,296 $13,350
Required annual income before taxes $23,259 $52,661 $63,080 $77,952 $38,395 $47,365 $52,672 $59,843 $37,028 $58,225 $68,626 $80,890

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $102,452
Business & Financial Operations $60,410
Computer & Mathematical $74,061
Architecture & Engineering $71,123
Life, Physical, & Social Science $60,511
Community & Social Service $40,110
Legal $62,829
Education, Training, & Library $45,762
Arts, Design, Entertainment, Sports, & Media $36,309
Healthcare Practitioners & Technical $68,460
Healthcare Support $30,606
Protective Service $42,926
Food Preparation & Serving Related $20,208
Building & Grounds Cleaning & Maintenance $26,124
Personal Care & Service $23,359
Sales & Related $25,117
Office & Administrative Support $34,489
Farming, Fishing, & Forestry $27,303
Construction & Extraction $53,132
Installation, Maintenance, & Repair $47,216
Production $37,518
Transportation & Material Moving $37,437