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 $13.56 $28.68 $36.38 $47.13 $22.16 $26.43 $30.07 $32.15 $10.97 $15.74 $20.09 $23.65
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 $8,434 $16,868 $25,301 $0 $0 $0 $0 $0 $8,434 $16,868 $25,301
Medical $2,728 $7,860 $7,548 $7,688 $5,923 $7,548 $7,688 $7,341 $5,923 $7,548 $7,688 $7,341
Housing $6,936 $8,953 $8,953 $12,151 $7,282 $8,953 $8,953 $12,151 $6,936 $8,953 $8,953 $12,151
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 $22,641 $47,871 $60,730 $78,674 $36,983 $44,110 $50,186 $53,665 $36,638 $52,544 $67,054 $78,966
Annual taxes $5,572 $11,781 $14,946 $19,362 $9,102 $10,856 $12,351 $13,207 $9,017 $12,931 $16,502 $19,434
Required annual income before taxes $28,213 $59,653 $75,676 $98,036 $46,085 $54,966 $62,537 $66,872 $45,654 $65,475 $83,556 $98,400

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $108,013
Business & Financial Operations $64,728
Computer & Mathematical $80,187
Architecture & Engineering $73,844
Life, Physical, & Social Science $60,176
Community & Social Service $47,173
Legal $51,449
Education, Training, & Library $49,628
Arts, Design, Entertainment, Sports, & Media $42,784
Healthcare Practitioners & Technical $63,245
Healthcare Support $28,768
Protective Service $37,290
Food Preparation & Serving Related $20,226
Building & Grounds Cleaning & Maintenance $24,267
Personal Care & Service $22,988
Sales & Related $25,464
Office & Administrative Support $37,034
Farming, Fishing, & Forestry $31,807
Construction & Extraction $39,357
Installation, Maintenance, & Repair $42,375
Production $33,055
Transportation & Material Moving $29,188