See If You Make the Michigan Living Wage
Perhaps once in a while you’ve wondered if you make a living wage. That number has been going up for quite a while now. So, maybe you’re wondering if what you make is still considered a living wage, amid inflation. Now, you can see if you make the current Michigan living wage.
Livingwage.mit.edu has a current tally of the living wage in every state and even many cities. So, what is a living wage? “The living wage shown is the hourly rate that an individual in a household must earn to support his or herself and their family,” they explain. “The assumption is the sole provider is working full-time (2080 hours per year).” Their stats also include information for households where two adults are working, as well as for people without children and with children. It’s not surprising that the living wage for people with children is much higher than those without. Their stats also include the current state minimum wage, so you can see how it stacks up to the living wage. Also, note that this study uses hourly wages, not annual salaries.
Michigan Living Wage:
Let’s get to the Michigan living wage. Right now, according to Livingwage.mit.edu, the living wage for someone with no children is $16.27. If you have one child, that goes up to $36.81. If you have two children, that raises to $50.92. For three children, it’s $68.59. Also, if you have two adults with only one working, the living wage is $26.04 with no children.
Now, let’s get to the poverty wage in Michigan. Here, for a single person, the poverty wage is $6.53 with no children, $8.80 with one child, $11.07 with two children and $13.34 with three children. As for the state minimum wage, it’s currently $10.10. That means, according to these numbers, if someone is working a full-time, 40-hour-per-week job at minimum wage, they are under the living wage. Find more on Michigan and its living wage here.
Living Large: Michigan's Wealthiest Counties
5. Grand Traverse County
Gary Ennis/ Getty Images
Median Income: $69, 393
Investment Income: $47, 522
Median Home Value: $373, 836
National Rank: 4974. Oakland County
Median Income: $86, 275
Investment Income: $48, 897
Median Home Value: $334, 448
National Rank: 310
Thomas Pajot/ Getty Images
3. Livingston County
Median Income: $88, 908
Investment Income: $25, 044
Median Home Value: $362, 766
National Rank: 287
Pierre-Olivier Valiquette/ Getty Images
2. Washtenaw County
Median Income: $79, 198
Investment Income: $44, 796
Median Home Value: $373, 627
National Rank: 271
Better Planet Media/ Getty Images
1. Leelanau County
Median Income: $72, 709
Investment Income: $56, 192
Median Home Value: $509, 272
National Rank: 266
MGSmith/ Getty Images
