Living Wage Calculation for King County, Washington
| 1 ADULT | 2 ADULTS (BOTH WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $21.42 | $26.65 |
| Poverty Wage | $6.19 | $6.37 |
| Minimum Wage | $14.49 | $14.49 |
What is a comfortable salary in Washington state?
How much does a Comfortable make in Washington? As of Jul 30, 2022, the average annual pay for the Comfortable jobs category in Washington is $41,952 a year. Just in case you need a simple salary calculator, that works out to be approximately $20.17 an hour. This is the equivalent of $807/week or $3,496/month.
What is a good salary to live in Washington state?
In order to be happy living in Washington, you will need a big chunk of change. According to a survey from Purdue University and GoBankingRates.com, the minimum salary needed to be happy in Washington is $117,180.
What is the median salary in Washington state?
Nominal Median Household Income in Washington
| 2019 | 1 Year Change | |
|---|---|---|
| US | $65,712 | +6.09% |
| Washington | $78,687 | +6.23% |
What salary is liveable in Seattle?
You need to make $72,092 a year to live comfortably in Seattle.
What is considered low income in Washington state?
Income level – Low Income Public Housing
| Number in Household | 30% AMI | 80% AMI |
|---|---|---|
| 1 | $27,200 | $66,750 |
| 2 | $31,050 | $76,250 |
| 3 | $34,950 | $85,800 |
| 4 | $38,800 | $95,300 |
What is the cheapest city to live in in Washington state?
Arguably the cheapest place to live in Washington, the town of Quincy boasts low home prices as well as affordable rent costs. The median home cost in Quincy is $306,000. Renters make up 37.9% of the population.
What is the average income in Washington state 2022?
$73,775
Median Household Income by State 2022
| State | Median Household Income |
|---|---|
| Washington | $73,775 |
| Colorado | $72,331 |
| Utah | $71,621 |
| Minnesota | $71,306 |
What is middle class income in Washington state?
How much you have to earn to be middle class in every state
| State | Middle-class income | Median household income |
|---|---|---|
| Washington | $81,203 | $78,687 |
| New York | $75,403 | $72,108 |
| Oregon | $74,865 | $67,058 |
| New Jersey | $74,485 | $85,751 |
What is considered upper class in Washington State?
An upper class income is usually considered at least 50% higher than the median household income. Therefore, an upper class income in America is $100,000 and higher.
What is the average income for a single person in Washington state?
Personal income in Washington – income per capita 2000-2021
In 2021, the per capita personal income in Washington was 71,889 U.S. dollars. Per capita personal income is calculated as the personal income of the residents of a given area divided by the resident population of the area.
How much do you need to live comfortably in Seattle 2022?
What is a good salary in Seattle? The recommended salary in Seattle is $6,975 per month or $83,700 annually. This total reflects a salary that would allow a renter to live comfortably and afford to cover the median rent for a one-bedroom apartment which sits at $2,325.
Is Washington cheaper than California?
Washington is 6.9% cheaper than California.
What is the poverty line in Seattle?
How is poverty defined? In 2018, the federal poverty income threshold was $25,465 for a family of four with two children, and $17,308 for a single parent of one child.
What is the poverty line in Washington State 2021?
For a family or household of 4 persons living in one of the 48 contiguous states or the District of Columbia, the poverty guideline for 2021 is $26,500.
What is the federal poverty level for 2022?
HHS Poverty Guidelines for 2022
| 2022 POVERTY GUIDELINES FOR THE 48 CONTIGUOUS STATES AND THE DISTRICT OF COLUMBIA | |
|---|---|
| Persons in family/household | Poverty guideline |
| 1 | $13,590 |
| 2 | $18,310 |
| 3 | $23,030 |
What is considered middle class?
So who is in the middle class? Broadly, Pew Research Center defines middle-class households as making two-thirds to double America’s median income. That adds up to an income range of about $30,000 to $90,000 for single Americans in 2020 dollars.
What is the best small town to live in Washington state?
Leavenworth. This Bavarian-style town nestled in the east side of the Cascade Mountains is something out of a fairytale and is indisputably one of the best small towns in Washington state.
What is the best area to live in Washington state?
Want To Live in Washington?
- Seattle: Best City for Urban Living.
- Tacoma: Best Alternative to Seattle.
- Olympia: Best for Capital Living.
- Ocean Shores: Best Coastal Living.
- Vancouver: Best Portland Commute.
- Spokane: Best City in the East.
- Cheney: Best College Town.
- Move to One of the Best Places to Live in Washington.
What percentage of Americans make over 100k?
The individual annual income of 24% of Americans exceeded $100,000 in 2020. The annual income of 34% of American households exceeds $100,000. In the five years to 2022, American households earning over $100,000 a year increased by 4.1%.
What is a good household income?
A family earning between $32,048 and $53,413 was considered lower-middle class. For high earners, a three-person family needed an income between $106,827 and $373,894 to be considered upper-middle class, Rose says. Those who earn more than $373,894 are rich.