Living Wage Calculation for Kentucky
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $13.48 | $19.60 |
| Poverty Wage | $6.13 | $6.30 |
| Minimum Wage | $7.25 | $7.25 |
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Contents
What is considered a good salary in Kentucky?
Average Salary in Kentucky
| Annual Salary | Monthly Pay | |
|---|---|---|
| Top Earners | $80,623 | $6,718 |
| 75th Percentile | $66,290 | $5,524 |
| Average | $60,787 | $5,065 |
| 25th Percentile | $44,342 | $3,695 |
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.
What is the lowest paying job in Kentucky?
The 10 Lowest Paying Jobs In Kentucky For 2019
- Lifeguards, Ski Patrol, and Other Recreational Protective Service Workers.
- Dining Room and Cafeteria Attendants and Bartender Helpers.
- Counter Attendants, Cafeteria, Food Concession, and Coffee Shop.
- Hotel, Motel, and Resort Desk Clerks.
- Cashiers.
Is $17 an hour a good 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 |
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.
How much does Walmart pay in Kentucky?
Average Walmart Cashier/Sales hourly pay in Kentucky is approximately $9.92, which is 10% below the national average.
What jobs are in demand in Kentucky?
Detailed List Of The Fastest Growing Jobs In Kentucky
| Rank | Job Title | Jobs in 2024 |
|---|---|---|
| 1 | Home Health Aid | 6,620 |
| 2 | Physical Therapist Assistant | 2,450 |
| 3 | Operations Analyst | 2,390 |
| 4 | Physical Therapy Aide | 1,000 |
Is Kentucky a good place to live?
Kentucky is a great place to move to if you’re drawn to the Southern way of life.Kentucky is also a big state with a lot of open green spaces to explore. It’s most likely that big city problems of crowding and high cost of living won’t follow you to Kentucky, so this makes it a good state to move to.
What wage do you need to live comfortably?
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 considered good money 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.
How much is 40k a year hourly?
So if an employee earns $40,000 annually working 40 hours a week, they make about $19.23 an hour (40,000 divided by 2,080).
How is Living Wage different from minimum wage?
A minimum wage is the lowest amount a worker can be paid hourly determined by law. Paying an individual below the minimum wage is illegal. A living wage is the amount an individual or family would need to make to avoid living in poverty. This amount is usually higher than the minimum wage and is not mandated by law.
Do employers have to pay Living Wage?
It’s a minimum by law that all employers have to pay to employees over 25 years of age. There is one rate for the whole country with no allowance for the higher costs of living in the capital. The Real Living Wage is independently calculated, voluntary and based on the cost of living.
Is 20 an hour a living wage?
Take 40 hours times 52 weeks and that equals 2,080 working hours. Then, multiple the hourly salary of $20 times 2,080 working hours, and the result is $41,600.
$20 Per Hour is…
| $20 per Hour – Full Time | Total Income |
|---|---|
| Monthly (173 hours) | $3,467 |
| Weekly (40 Hours) | $800 |
| Bi-Weekly (80 Hours) | $1,600 |
| Daily Wage (8 Hours) | $160 |
Can u live off minimum wage?
According to official government guidelines, single people supporting themselves on minimum wage are not technically living in poverty. If you put in a standard 40-hour workweek at $7.25 per hour, you earn $290.
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.
What stores pay $15 an hour?
Companies Offering $15 an Hour Jobs
- Amazon. Amazon’s minimum wage for all U.S. employees is $15 an hour, and its average hourly wage sits at $18 an hour.
- Costco.
- Target.
- Chipotle.
- CVS Health.
- Starbucks.
- Walgreens.
- Walmart.
Which companies pay $15 an hour?
Costco, Amazon and 16 Other Companies That Raised Their Minimum Wage to $15 (or More)
- Aetna. Healthcare company Aetna has been paying its U.S. hourly wage workers a minimum of $16 per hour since 2015.
- Amazon.
- Bank of America.
- Ben & Jerry’s.
- Best Buy.
- Charter Communications.
- Cigna.
- Costco.
How much does Chick Fil A pay?
Chick-Fil-A Inc Jobs by Hourly Rate
| Job Title | Range | Average |
|---|---|---|
| Job Title:Cashier | Range:$8 – $12 | Average:$9 |
| Fast Food Worker | Range:$8 – $14 | Average:$9 |
| Restaurant Manager | Range:$11 – $19 | Average:$14 |
| Team Leader, General | Range:$9 – $15 | Average:$12 |
