Living Wage Calculation for Winston-Salem, NC

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 $15.47 $31.20 $39.91 $52.85 $24.20 $29.26 $34.70 $37.63 $11.97 $17.33 $22.74 $26.91
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 $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 $3,351 $4,937 $7,417 $9,838 $6,143 $7,645 $9,856 $11,999 $6,143 $7,645 $9,856 $11,999
Child Care $0 $9,066 $18,133 $27,199 $0 $0 $0 $0 $0 $9,066 $18,133 $27,199
Medical $2,709 $8,250 $8,037 $8,347 $6,175 $8,037 $8,347 $8,136 $6,175 $8,037 $8,347 $8,136
Housing $7,291 $9,543 $9,543 $12,876 $7,718 $9,543 $9,543 $12,876 $7,291 $9,543 $9,543 $12,876
Transportation $5,509 $9,776 $12,709 $15,012 $9,776 $12,709 $15,012 $16,304 $9,776 $12,709 $15,012 $16,304
Civic $2,503 $4,019 $4,965 $6,483 $4,019 $4,965 $6,483 $5,153 $4,019 $4,965 $6,483 $5,153
Other $4,508 $6,723 $6,150 $8,948 $6,723 $6,150 $8,948 $8,655 $6,723 $6,150 $8,948 $8,655
Required annual income after taxes $25,994 $52,437 $67,077 $88,826 $40,676 $49,172 $58,312 $63,246 $40,249 $58,238 $76,444 $90,444
Annual taxes $6,177 $12,460 $15,939 $21,107 $9,666 $11,684 $13,856 $15,029 $9,564 $13,839 $18,165 $21,492
Required annual income before taxes $32,171 $64,897 $83,016 $109,933 $50,342 $60,856 $72,168 $78,274 $49,813 $72,077 $94,609 $111,936

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $112,061
Business & Financial Operations $68,330
Computer & Mathematical $86,467
Architecture & Engineering $79,662
Life, Physical, & Social Science $62,456
Community & Social Service $49,060
Legal $61,011
Education, Training, & Library $54,067
Arts, Design, Entertainment, Sports, & Media $48,589
Healthcare Practitioners & Technical $68,170
Healthcare Support $30,195
Protective Service $41,366
Food Preparation & Serving Related $22,138
Building & Grounds Cleaning & Maintenance $26,964
Personal Care & Service $25,594
Sales & Related $27,874
Office & Administrative Support $39,836
Farming, Fishing, & Forestry $29,650
Construction & Extraction $42,222
Installation, Maintenance, & Repair $47,305
Production $36,080
Transportation & Material Moving $32,346