Living Wage Calculation for Texarkana, TX

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 $12.81 $25.72 $31.09 $38.92 $20.89 $25.42 $28.82 $30.38 $10.40 $14.16 $17.31 $19.54
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 $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 $3,177 $4,670 $6,990 $9,294 $5,825 $7,238 $9,305 $11,345 $5,825 $7,238 $9,305 $11,345
Child Care $0 $5,198 $10,396 $15,593 $0 $0 $0 $0 $0 $5,198 $10,396 $15,593
Medical $2,760 $8,866 $8,554 $8,694 $6,270 $8,554 $8,694 $8,347 $6,270 $8,554 $8,694 $8,347
Housing $7,197 $9,343 $9,343 $11,849 $7,343 $9,343 $9,343 $11,849 $7,197 $9,343 $9,343 $11,849
Transportation $5,113 $9,378 $11,672 $13,896 $9,378 $11,672 $13,896 $12,611 $9,378 $11,672 $13,896 $12,611
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 $2,875 $4,687 $5,144 $6,216 $4,687 $5,144 $6,216 $6,235 $4,687 $5,144 $6,216 $6,235
Required annual income after taxes $22,934 $46,031 $55,654 $69,668 $37,392 $45,506 $51,581 $54,368 $37,246 $50,704 $61,977 $69,960
Annual taxes $3,718 $7,462 $9,022 $11,294 $6,062 $7,377 $8,362 $8,814 $6,038 $8,220 $10,047 $11,342
Required annual income before taxes $26,652 $53,493 $64,676 $80,963 $43,454 $52,883 $59,944 $63,181 $43,284 $58,923 $72,024 $81,302

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $76,616
Business & Financial Operations $64,728
Computer & Mathematical $70,549
Architecture & Engineering $67,746
Life, Physical, & Social Science $66,805
Community & Social Service $39,551
Legal $45,648
Education, Training, & Library $44,012
Arts, Design, Entertainment, Sports, & Media $37,771
Healthcare Practitioners & Technical $56,902
Healthcare Support $24,001
Protective Service $40,175
Food Preparation & Serving Related $20,369
Building & Grounds Cleaning & Maintenance $22,824
Personal Care & Service $21,371
Sales & Related $24,267
Office & Administrative Support $32,011
Farming, Fishing, & Forestry $38,446
Construction & Extraction $37,444
Installation, Maintenance, & Repair $50,672
Production $44,431
Transportation & Material Moving $30,835