Living Wage Calculation for Kansas City, MO
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $14.40 | $20.25 |
| Poverty Wage | $6.13 | $6.30 |
| Minimum Wage | $9.45 | $9.45 |
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Contents
What is a livable wage in Kansas?
Living Wage
| Year | Hourly Rate |
|---|---|
| 2018 | $10 |
| 2019 | $11.25 |
| 2020 | $12.50 |
| 2021 | $13.75 |
How much do you need to live comfortably in Kansas?
A homeowner should make around $68,000 a year to comfortably cover the monthly costs of a home in Kansas City. A family of four will spend on average $3,794 or more a month. That includes groceries, utilities, childcare (if both parents work) and school expenses.
What is a good salary in Kansas?
While ZipRecruiter is seeing salaries as high as $125,818 and as low as $18,965, the majority of salaries within the Average jobs category currently range between $45,794 (25th percentile) to $68,459 (75th percentile) with top earners (90th percentile) making $83,262 annually in Kansas.
How much money is considered a living 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.
Can you live on 45K a year?
How Much Is A 45K Salary After Taxes?But you’re a BOSS so you can still live large on a 45K a year salary. 21.63 x 25% taxes = for 5.43 taxes, so you’re really making $16 or so an hour. 3750.00 x 25% taxes = 937.50 so you’ll net about $2850.
What is considered low income in Kansas?
Income Guidelines
| Persons in Family/ Household | 100% Poverty Guidelines | 15% Assets |
|---|---|---|
| 1 | $12,880 | $3,574 |
| 2 | $17,420 | $4,834 |
| 3 | $21,960 | $6,094 |
| 4 | $26,500 | $7,354 |
Is living in Kansas expensive?
Living in Kansas is less expensive than it is on average across the U.S. as a whole. According to data from the Bureau of Economic Analysis, goods and services in the state cost 10.0% less than they do on average nationwide. Compared with all other states, Kansas has the 15th lowest overall cost of living.
Is Kansas a cheap place to live?
Kansas is the fourth-cheapest state in America. The cost of living in Kansas is about 12.1% less than the rest of the country, and the average household income is about $41,644.
Why is Kansas so cheap?
Housing Costs in Kansas City is Affordable
The main reason Kansas City is so affordable is attributable to one thing; housing prices. The median home cost is just over $146,000, which is incredibly low compared to the rest of the United States.However, that housing here is phenomenally affordable.
What is middle class in Kansas?
The common approach is to categorize the middle class as the group of earners at the center of the earnings scale, or the median.
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| State | Middle-class income | Median household income |
|---|---|---|
| Kansas | $46,485 | $62,087 |
| Alabama | $45,559 | $51,734 |
| Oklahoma | $44,008 | $54,449 |
| Iowa | $43,997 | $61,691 |
What is the wealthiest county in Kansas?
Johnson County
The Wichita Eagle compiled the top 50 of 105 Kansas counties where residents earn the most money, based on median income, according to SmartAsset’s analysis. Johnson County tops the list with a median income of almost $90,000.
What is the average annual income in Kansas?
Table
| Population | |
|---|---|
| Mean travel time to work (minutes), workers age 16 years+, 2015-2019 | 19.4 |
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $59,597 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $31,814 |
Is $17 an hour a livable wage?
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 |
Is the minimum wage supposed to be a living wage?
The minimum wage in the United States is no longer a living wage. Even though many states are paying more than this amount, minimum-wage earners continue to struggle to make ends meet. At $7.25, the federal minimum wage hasn’t kept up with the cost of living in more than half a century.
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 getting paid salary better than hourly?
Salaried employees enjoy the security of steady paychecks, and they tend to pull in higher overall income than hourly workers. And they typically have greater access to benefits packages, bonuses, and paid vacation time.
How much is $50000 an hour?
$50,000 a Year Is How Much?
| Pay Period | Gross Pay | Math |
|---|---|---|
| Hourly | $24.51 | $50,000 / 2040 hours |
| Daily | $136.99 | $50,000 / 365 days |
| Weekly | $961.54 | $50,000 / 52 weeks |
| Biweekly | $1923.08 | $50,000 / (52 weeks / 2) |
What is 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.
What are the poorest counties in Kansas?
Here Are The 10 Poorest Counties In Kansas
- Woodson County (Population: 3,309)
- Cheyenne County (Population: 2,783)
- Norton County (Population: 5,692)
- Elk County (Population: 2,930)
- Osbourne County (Population: 3,906)
- Comanche County (Population: 1,865)
- Crawford County (Population: 38,985)
What is the poverty rate in Kansas?
In 2019, about 11.4 percent of Kansas’ population lived below the poverty line.
Poverty rate in Kansas from 2000 to 2019.
| Characteristic | Percentage of population |
|---|---|
| 2019 | 11.4% |
| 2018 | 12% |
| 2017 | 11.9% |
| 2016 | 12.1% |
