Living Wage Calculation for King County, Washington
1 ADULT | 2 ADULTS (BOTH WORKING) | |
---|---|---|
0 Children | 2 Children | |
Living Wage | $19.57 | $24.39 |
Poverty Wage | $6.13 | $6.30 |
Minimum Wage | $13.50 | $13.50 |
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How much do you need to make hourly to live in Seattle?
A single adult in Seattle needs to earn more than the state minimum wage to make ends meet — and if they have an infant, they’ll need to make more than twice that: $34 an hour, according to new research from the University of Washington.
What is a living wage for Washington State?
What is the living wage in Washington state?In Washington, that threshold is set at $35,568 ($17.00 per hour) as of January 1st, 2020.
What is a good annual salary in Seattle?
Average Salary in Seattle, WA
Annual Salary | Monthly Pay | |
---|---|---|
Top Earners | $97,704 | $8,142 |
75th Percentile | $80,334 | $6,694 |
Average | $66,834 | $5,569 |
25th Percentile | $53,737 | $4,478 |
What is considered a living wage in 2020?
In 2020, the Department of Health and Human Services set the federal poverty level at $26,200 for a family of four. 5 That’s equivalent to about $12.60 per hour for a full-time worker. A living wage must at least be greater than the poverty level.
Is Seattle a depressing place to live?
Even in normal times, some people who live in Seattle start to feel down around this time of the year.
Is living in Seattle expensive?
Living in Seattle is almost twice as expensive as the United States’ average. In other words, Seattle one of the more expensive cities in the country. The largest expense is housing, whether you’re renting or purchasing a home.
How much do I need to live in Seattle?
Income needed: $72,092. 50 percent for necessities: $36,046. 30 percent for discretionary spending: $21,628.
Is 70K a good salary in Seattle?
A 70K pay in Seattle is manageable, but you’re not going to have a lot of savings after you cover rent / commute expenses and personal living. You can find 1 bed apartments around 1.3K – 2K depending on location / amenities etc..
Is 60k a good salary in Seattle?
Yeah, 60k is more than enough to live in almost all Seattle neighborhoods. Assumptions: You are single and have no dependents. Using this Take-Home-Pay Calculator , I’m estimating you’ll take home about $3885/month after taxes and assume no pre-tax payroll deductions for 401k, medical, etc.
What is considered middle class in Seattle?
In Seattle, middle income is $53,043 to $159,130 according to GOBankingRates. The numbers are all part of an assessment of cities where the middle class is thriving in America. GOBankingRates claims it’s thriving in Seattle because median income grew by 25.4 percent in the last five years.
Are Seattle salaries high?
Seattle showed the third-highest growth in average salaries over the last year when compared with other major tech markets across the country. The average Seattle salary grew 4.6% over the last year, whereas average salaries in San Diego and Austin grew 9.1% and 5%, respectively.
How much do I need to live comfortably in Seattle?
To comfortably rent a median one-bedroom apartment in Seattle, one would have to make $87,660 per year. The recommended household income for a two-bedroom apartment is $75,780 per year.
Is $17 an hour good?
When we ran all of our numbers to figure out how much is $17 per hour is as an annual salary, we used the average working day of 40 hours a week.
$17 Per Hour is…
$17 per Hour – Full Time | Total Income |
---|---|
Weekly (40 Hours) | $680 |
Bi-Weekly (80 Hours) | $1,360 |
Daily Wage (8 Hours) | $136 |
Net Estimated Monthly Income | $2,250 |
What is the Living Wage 2021?
The London Living Wage is £11.05 per hour. These figures are calculated annually by the Resolution Foundation and overseen by the Living Wage Commission, based on the best available evidence on living standards in the UK and in London.
Why 7.25 is not a living wage?
The current federal minimum wage, $7.25 an hour, isn’t enough for full-time workers to pay bills in any state, according to living-wage data published by researchers at the Massachusetts Institute of Technology. Low-paid workers may need to work extra jobs to pay bills and are often unable to save for emergencies.
Why is Seattle so dark?
Being so far north means it doesn’t have a lot of daylight for half the year. It isn’t cold however due to proximity to the Pacific Ocean, which keeps its temperatures rather mil… If by “glommy ” you mean gloomy, it’s because Seattle is so far north that it only gets 8 hours of daylight in the winter.
Is Seattle WA safe now?
Seattle is one of the safest of America’s larger cities. It’s a pretty walkable place where you’re not likely to encounter a high level of violent or even petty crime.
Does Seattle get a lot of snow?
Seattle’s weather is regulated by the Pacific Ocean, which remains relatively even in temperature throughout the year.While Seattle does not receive as much snow on average as many parts of the country, snowfall is not uncommon and can be heavy.
Is Seattle more expensive than New York?
The cost of living in New York, NY is 33.0% higher than in Seattle, WA.Employers in New York, NY typically pay 10.0% more than employeers in Seattle, WA.
Is it more expensive to live in LA or Seattle?
Los Angeles is 0.6% more expensive than Seattle. Los Angeles housing costs are 3.5% less expensive than Seattle housing costs. Health related expenses are 4.9% more in Los Angeles.