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 $11.23 $23.09 $27.06 $33.41 $18.08 $21.43 $24.00 $26.66 $8.97 $12.69 $14.87 $17.10
Poverty Wage $5.84 $7.91 $9.99 $12.07 $7.91 $9.99 $12.07 $14.14 $3.96 $5.00 $6.03 $7.07
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 $2,994 $4,413 $6,644 $8,812 $5,489 $6,832 $8,822 $10,741 $5,489 $6,832 $8,822 $10,741
Child Care $0 $6,846 $9,976 $13,107 $0 $0 $0 $0 $0 $6,846 $9,976 $13,107
Medical $2,165 $6,969 $6,625 $6,707 $5,634 $6,625 $6,707 $6,426 $5,634 $6,625 $6,707 $6,426
Housing $6,855 $8,691 $8,691 $11,925 $7,098 $8,691 $8,691 $11,925 $6,855 $8,691 $8,691 $11,925
Transportation $4,623 $8,424 $9,905 $11,459 $8,424 $9,905 $11,459 $11,329 $8,424 $9,905 $11,459 $11,329
Other $2,824 $4,697 $5,099 $5,935 $4,697 $5,099 $5,935 $5,808 $4,697 $5,099 $5,935 $5,808
Required annual income after taxes $19,461 $40,039 $46,940 $57,946 $31,341 $37,152 $41,615 $46,230 $31,098 $43,998 $51,591 $59,337
Annual taxes $3,902 $7,992 $9,355 $11,543 $6,268 $7,422 $8,303 $9,229 $6,235 $8,774 $10,274 $11,818
Required annual income before taxes $23,363 $48,031 $56,295 $69,488 $37,610 $44,574 $49,918 $55,459 $37,333 $52,772 $61,864 $71,154

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $113,488
Business & Financial Operations $66,393
Computer & Mathematical $75,888
Architecture & Engineering $72,504
Life, Physical, & Social Science $52,938
Community & Social Service $45,922
Legal $47,671
Education, Training, & Library $45,552
Arts, Design, Entertainment, Sports, & Media $48,401
Healthcare Practitioners & Technical $60,643
Healthcare Support $27,786
Protective Service $35,460
Food Preparation & Serving Related $19,504
Building & Grounds Cleaning & Maintenance $22,498
Personal Care & Service $21,593
Sales & Related $24,504
Office & Administrative Support $34,380
Farming, Fishing, & Forestry $29,308
Construction & Extraction $36,725
Installation, Maintenance, & Repair $41,056
Production $31,972
Transportation & Material Moving $28,485