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 $11.10 $23.69 $28.05 $34.30 $17.97 $22.33 $24.82 $28.02 $8.92 $13.17 $15.33 $17.84
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 $3,010 $4,446 $6,682 $8,863 $5,518 $6,877 $8,872 $10,802 $5,518 $6,877 $8,872 $10,802
Child Care $0 $6,959 $10,141 $13,323 $0 $0 $0 $0 $0 $6,959 $10,141 $13,323
Medical $2,305 $7,945 $7,657 $7,778 $5,495 $7,657 $7,778 $7,679 $5,495 $7,657 $7,778 $7,679
Housing $6,756 $8,598 $8,598 $11,742 $6,993 $8,598 $8,598 $11,742 $6,756 $8,598 $8,598 $11,742
Transportation $4,322 $8,425 $10,689 $11,645 $8,425 $10,689 $11,645 $12,206 $8,425 $10,689 $11,645 $12,206
Other $2,812 $4,688 $4,867 $6,123 $4,688 $4,867 $6,123 $6,126 $4,688 $4,867 $6,123 $6,126
Required annual income after taxes $19,205 $41,062 $48,635 $59,473 $31,119 $38,689 $43,015 $48,555 $30,882 $45,648 $53,156 $61,878
Annual taxes $3,886 $8,220 $9,715 $11,881 $6,249 $7,751 $8,606 $9,724 $6,216 $9,125 $10,608 $12,356
Required annual income before taxes $23,091 $49,281 $58,350 $71,353 $37,368 $46,440 $51,621 $58,280 $37,098 $54,773 $63,765 $74,234

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $110,553
Business & Financial Operations $65,736
Computer & Mathematical $76,043
Architecture & Engineering $72,252
Life, Physical, & Social Science $60,206
Community & Social Service $47,643
Legal $51,282
Education, Training, & Library $45,965
Arts, Design, Entertainment, Sports, & Media $44,827
Healthcare Practitioners & Technical $63,774
Healthcare Support $28,817
Protective Service $37,508
Food Preparation & Serving Related $19,537
Building & Grounds Cleaning & Maintenance $22,576
Personal Care & Service $22,220
Sales & Related $24,568
Office & Administrative Support $34,682
Farming, Fishing, & Forestry $29,092
Construction & Extraction $38,118
Installation, Maintenance, & Repair $41,666
Production $32,965
Transportation & Material Moving $29,448