Living Wage Calculation for Racine, WI

The living wage shown is the hourly rate that an individual in a household must earn to support themsleves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2024 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 14, 2024.

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 $19.85 $36.82 $48.29 $63.49 $28.27 $34.03 $38.82 $41.05 $14.01 $20.53 $26.57 $31.04
Poverty Wage $7.24 $9.83 $12.41 $15.00 $9.83 $12.41 $15.00 $17.59 $4.91 $6.21 $7.50 $8.79
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

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

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 $4,135 $6,095 $9,142 $12,151 $7,580 $9,435 $12,152 $14,816 $7,580 $9,435 $12,152 $14,816
Child Care $0 $12,664 $25,328 $36,245 $0 $0 $0 $0 $0 $12,664 $25,328 $36,245
Medical $3,381 $8,611 $8,471 $9,050 $7,057 $8,471 $9,050 $8,544 $7,057 $8,471 $9,050 $8,544
Housing $8,926 $13,172 $13,172 $17,237 $10,156 $13,172 $13,172 $17,237 $10,156 $13,172 $13,172 $17,237
Transportation $10,296 $11,915 $15,010 $17,270 $11,915 $15,010 $17,270 $17,250 $11,915 $15,010 $17,270 $17,250
Civic $2,889 $5,083 $6,398 $7,409 $5,083 $6,398 $7,409 $6,926 $5,083 $6,398 $7,409 $6,926
Internet & Mobile $1,533 $1,533 $1,533 $1,533 $2,103 $2,103 $2,103 $2,103 $2,103 $2,103 $2,103 $2,103
Other $4,086 $7,294 $7,756 $10,720 $7,294 $7,756 $10,720 $10,305 $7,294 $7,756 $10,720 $10,305
Required annual income after taxes $35,245 $66,367 $86,808 $111,615 $51,189 $62,344 $71,876 $77,180 $51,189 $75,008 $97,204 $113,425
Annual taxes $6,035 $10,222 $13,625 $20,447 $7,604 $8,438 $8,875 $8,213 $7,074 $10,390 $13,309 $15,703
Required annual income before taxes $41,280 $76,589 $100,433 $132,062 $58,793 $70,782 $80,751 $85,393 $58,263 $85,398 $110,513 $129,128

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $121,270
Business & Financial Operations $74,100
Computer & Mathematical $79,230
Architecture & Engineering $77,970
Life, Physical, & Social Science $70,430
Community & Social Service $52,360
Legal $80,510
Education, Training, & Library $52,340
Arts, Design, Entertainment, Sports, & Media $53,920
Healthcare Practitioners & Technical $96,930
Healthcare Support $32,220
Protective Service $57,490
Food Preparation & Serving Related $28,510
Building & Grounds Cleaning & Maintenance $34,220
Personal Care & Service $35,430
Sales & Related $43,800
Office & Administrative Support $43,340
Farming, Fishing, & Forestry $34,510
Construction & Extraction $59,790
Installation, Maintenance, & Repair $54,090
Production $43,350
Transportation & Material Moving $40,960