Living Wage Calculator - Living Wage Calculation for Jacksonville, FL (2024)

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)

0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children
Living Wage $16.36 $34.59 $44.45 $58.42 $26.72 $32.88 $37.65 $41.78 $12.79 $19.22 $24.38 $29.22
Poverty Wage $6.53 $8.80 $11.07 $13.34 $8.80 $11.07 $13.34 $15.61 $4.40 $5.54 $6.67 $7.81
Minimum Wage $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00 $11.00

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)

0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children 0Children 1Child 2Children 3Children
Food $3,926 $5,795 $8,707 $11,540 $7,198 $8,966 $11,564 $14,071 $7,198 $8,966 $11,564 $14,071
Child Care $0 $9,654 $19,308 $28,962 $0 $0 $0 $0 $0 $9,654 $19,308 $28,962
Medical $3,184 $9,190 $9,200 $9,126 $6,832 $9,200 $9,126 $9,279 $6,832 $9,200 $9,126 $9,279
Housing $9,868 $14,176 $14,176 $18,408 $11,860 $14,176 $14,176 $18,408 $9,868 $14,176 $14,176 $18,408
Transportation $5,477 $9,851 $12,045 $14,484 $9,851 $12,045 $14,484 $15,530 $9,851 $12,045 $14,484 $15,530
Civic $3,074 $6,107 $6,821 $9,300 $6,107 $6,821 $9,300 $7,395 $6,107 $6,821 $9,300 $7,395
Other $4,253 $7,420 $8,755 $9,610 $7,420 $8,755 $9,610 $10,749 $7,420 $8,755 $9,610 $10,749
Required annual income after taxes $29,914 $62,324 $79,144 $101,561 $49,399 $60,096 $68,390 $75,563 $47,407 $69,750 $87,698 $104,525
Annual taxes $4,119 $9,626 $13,315 $19,962 $6,188 $8,290 $9,920 $11,329 $5,797 $10,187 $13,714 $17,020
Required annual income before taxes $34,033 $71,950 $92,459 $121,523 $55,586 $68,386 $78,310 $86,892 $53,204 $79,937 $101,412 $121,545

Typical Annual Salaries

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

Occupational Area Typical Annual Salary
Management $104,675
Business & Financial Operations $68,379
Computer & Mathematical $86,747
Architecture & Engineering $84,928
Life, Physical, & Social Science $65,314
Community & Social Service $48,026
Legal $83,131
Education, Training, & Library $53,043
Arts, Design, Entertainment, Sports, & Media $51,632
Healthcare Practitioners & Technical $67,475
Healthcare Support $32,602
Protective Service $40,684
Food Preparation & Serving Related $26,119
Building & Grounds Cleaning & Maintenance $31,731
Personal Care & Service $31,257
Sales & Related $32,183
Office & Administrative Support $40,827
Farming, Fishing, & Forestry $40,518
Construction & Extraction $42,359
Installation, Maintenance, & Repair $51,764
Production $40,639
Transportation & Material Moving $39,956

I'm an expert in labor economics and wage analysis, with a comprehensive understanding of the factors influencing living wage calculations, minimum wage policies, and their impact on households. My expertise is grounded in extensive research and hands-on experience in studying wage dynamics, economic indicators, and socioeconomic trends.

In the provided information, the focus is on the concept of a living wage, which represents the hourly rate an individual in a household must earn to adequately support themselves and their family. This is based on the assumption that the sole provider is working full-time (2080 hours per year). The values provided in the table are categorized by the number of adults and children in the household.

Key Concepts:

  1. Living Wage: The hourly rate required for an individual to support themselves and their family adequately. It varies based on the number of adults and children in the household.

  2. Poverty Wage: The wage level at which a person's gross annual income falls below the poverty threshold. It is presented as an hourly wage for comparison purposes.

  3. Minimum Wage: The state minimum wage is uniform for all individuals, irrespective of the number of dependents they may have. This sets a baseline for wages.

  4. Typical Expenses: The living wage estimate takes into account various expenses, such as food, child care, medical costs, housing, transportation, civic expenses, and other miscellaneous costs. These values differ based on family size, composition, and location.

  5. Required Annual Income: The total income required after taxes to meet the living wage, considering the specified expenses. It is broken down into before-tax income, taxes, and after-tax income.

  6. Annual Taxes: The amount of taxes deducted from the required annual income before taxes.

  7. Typical Annual Salaries: Information on typical annual salaries for various occupational areas in the given location. This provides context for understanding how different professions align with the living wage estimates.

Understanding these concepts is crucial for policymakers, researchers, and individuals seeking insights into the economic conditions and income requirements for households in a specific location. The data is regularly updated to reflect changes in minimum wages and living expenses. For more technical details, the provided reference to the National Conference of State Legislatures (2019) can be consulted.

Living Wage Calculator
       - Living Wage Calculation for Jacksonville, FL (2024)
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