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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Contents
How much do you need to make to live comfortably in Washington state?
According to federal guidelines, salary workers must earn at least $23,660 dollars ($11.35 per hour) to be considered salaried and exempt from overtime pay. In Washington, that threshold is set at $35,568 ($17.00 per hour) as of January 1st, 2020.
What is a comfortable salary in Washington state?
Comfortable Salary in Washington
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $67,432 | $5,619 |
| 75th Percentile | $48,011 | $4,000 |
| Average | $41,250 | $3,437 |
| 25th Percentile | $31,288 | $2,607 |
What is a good salary in Washington state?
Wages below this are outliers. $1,535 is the 75th percentile. Wages above this are outliers. $1,867 is the 90th percentile.
What are Top 10 Highest Paying Cities for Average Jobs in Washington.
| City | Federal Way |
|---|---|
| Annual Salary | $65,860 |
| Monthly Pay | $5,488 |
| Weekly Pay | $1,267 |
| Hourly Wage | $31.66 |
What is a livable wage in 2021?
The minimum wage is $7.25 an hour, which does equate a livable wage and would set a full-time worker earning that wage below the federal poverty line of $26,200 for a family of four.
Livable Wage by State 2021.
| State | Livable Wage |
|---|---|
| New York | $59,000 |
| Maryland | $58,000 |
| California | $57,000 |
| New Jersey | $56,000 |
What is considered a livable wage?
The living wage in the United States is $16.54 per hour, or $68,808 per year, in 2019, before taxes for a family of four (two working adults, two children), compared to $16.14 in 2018. The minimum wage does not provide a living wage for most American families.
What’s considered a good salary?
According to the census, the national average household income in 2019 was $68,703. A living wage would fall below this number while an ideal wage would exceed this number. Given this, a good salary would be $75,000.
How much do you need to live in Washington?
An amount below 100 means Washington is cheaper than the US average. A cost of living index above 100 means Washington, Washington is more expensive.
Washington cost of living is 118.7.
| COST OF LIVING | Washington | United States |
|---|---|---|
| Overall | 118.7 | 100 |
| Grocery | 101.1 | 100 |
| Health | 83.8 | 100 |
| Housing | 164.9 | 100 |
What is the average monthly wage in Washington state?
While ZipRecruiter is seeing monthly salaries as high as $11,333 and as low as $1,708, the majority of Average salaries currently range between $4,125 (25th percentile) to $6,167 (75th percentile) across the United States.
What is a livable salary in Seattle?
Recommended Salary in Seattle
The recommended household income for a two-bedroom apartment is $75,780 per year. The “living wage,” or the minimum amount of money needed to live above the poverty threshold, in Seattle is $19.57 per hour for a full-time employed individual.
What’s the average wage in WA?
But in WA, the average weekly pay for all workers is $1328, while for full-timers it soars to $1634 a week, just under $85,000 a year. In comparison, full-time workers in the next highest-earning region, the ACT, are paid $1494 a week, fuelled by generous public service salaries.
What is considered low income in WA?
Income level – Low Income Public Housing
| Number in Household | 30% AMI | 80% AMI |
|---|---|---|
| 1 | $24,300 | $63,350 |
| 2 | $27,800 | $72,400 |
| 3 | $31,250 | $81,450 |
| 4 | $34,700 | $90,500 |
Whats the average income in WA?
Western Australia
| All private dwellings | 1,070,962 |
|---|---|
| Average people per household | 2.6 |
| Median weekly household income | $1,595 |
| Median monthly mortgage repayments | $1,993 |
| Median weekly rent | $347 |
What is a livable wage for a single person?
According to their analysis, an employed single adult currently needs A$597 per week (before tax, and including housing costs) to live healthily. A couple with two young children needs almost twice as much: A$1,173. The national minimum wage is currently A$695 for a full-time worker.
What is a good hourly wage to live comfortably?
A single person in California needs to earn, on average, about $12.30/hour working full time to cover basic living expenses. Add a kid to the mix, and that rate rises sharply to more than $25/hour. That’s according to the Living Wage Calculator created by Amy K.
What is a liveable wage in the US for one person?
Depending on where you live in the United States, the amount needed to live comfortably can vary greatly. While you can get by as a single person on a $22,000 annual salary in Kentucky or Arkansas, you’ll need at least $30,000 in Hawaii or Maryland.
How much is living wage per hour?
Independently calculated every year to meet the real cost of living. The London Living Wage is currently £11.05 per hour. This covers all boroughs in Greater London.
What is a good wage per hour?
The national mean salary in the United States is $56,310 according to the National Compensation Survey. That works out to be $27 per hour. So in order to be above average, you have to earn more than $28 per hour.
Is living wage same as minimum wage?
The National Living Wage is higher than the National Minimum Wage – workers get it if they’re over 23. It does not matter how small an employer is, they still have to pay the correct minimum wage.
What is a comfortable salary?
The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.
What is a good salary in 2021?
What is a good salary in 2021? The weekly median earnings for full-time wage or salary workers in the United States in the second quarter of 2021 amounted to $990. It translates to a yearly income of approximately $51,480.
