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 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 $19.68 $33.59 $41.61 $53.24 $27.31 $32.62 $36.93 $39.22 $13.65 $18.92 $23.39 $26.44
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 $4,102 $6,046 $9,069 $12,054 $7,519 $9,360 $12,055 $14,698 $7,519 $9,360 $12,055 $14,698
Child Care $0 $9,184 $17,337 $23,627 $0 $0 $0 $0 $0 $9,184 $17,337 $23,627
Medical $3,092 $9,571 $9,457 $9,928 $7,197 $9,457 $9,928 $9,516 $7,197 $9,457 $9,928 $9,516
Housing $10,430 $12,917 $12,917 $16,946 $10,797 $12,917 $12,917 $16,946 $10,797 $12,917 $12,917 $16,946
Transportation $9,647 $11,164 $14,063 $16,181 $11,164 $14,063 $16,181 $16,163 $11,164 $14,063 $16,181 $16,163
Civic $2,165 $3,810 $4,795 $5,553 $3,810 $4,795 $5,553 $5,191 $3,810 $4,795 $5,553 $5,191
Internet & Mobile $1,426 $1,426 $1,426 $1,426 $2,005 $2,005 $2,005 $2,005 $2,005 $2,005 $2,005 $2,005
Other $3,903 $6,966 $7,407 $10,238 $6,966 $7,407 $10,238 $9,841 $6,966 $7,407 $10,238 $9,841
Required annual income after taxes $34,763 $61,084 $76,471 $95,953 $49,459 $60,004 $68,878 $74,359 $49,459 $69,188 $86,215 $97,986
Annual taxes $6,165 $8,790 $10,086 $14,794 $7,336 $7,836 $7,944 $7,218 $7,336 $9,535 $11,107 $11,994
Required annual income before taxes $40,929 $69,875 $86,556 $110,747 $56,795 $67,840 $76,822 $81,578 $56,795 $78,723 $97,321 $109,981

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 $121,050
Business & Financial Operations $75,860
Computer & Mathematical $96,790
Architecture & Engineering $79,690
Life, Physical, & Social Science $68,870
Community & Social Service $50,380
Legal $103,470
Education, Training, & Library $67,170
Arts, Design, Entertainment, Sports, & Media $55,890
Healthcare Practitioners & Technical $93,310
Healthcare Support $33,780
Protective Service $42,660
Food Preparation & Serving Related $27,240
Building & Grounds Cleaning & Maintenance $30,670
Personal Care & Service $31,630
Sales & Related $40,970
Office & Administrative Support $41,250
Farming, Fishing, & Forestry $35,680
Construction & Extraction $45,510
Installation, Maintenance, & Repair $49,440
Production $41,670
Transportation & Material Moving $37,030