Living Wage Calculation for Sherman-Denison, TX

The living wage shown is the hourly rate that an individual in a household must earn to support themselves and/or their family, working full-time, or 2080 hours per year. The tables below provide living wage estimates for individuals and households with one or two working adults and zero to three children. In households with two working adults, all hourly values reflect what one working adult requires to earn to meet their families’ basic needs, assuming the other adult also earns the same.

The poverty wage and state minimum wage are for reference purposes. Poverty wage estimates come from the Department of Health and Human Services’ Poverty Guidelines for 2025 and have been converted from an annual value to an hourly wage for ease of comparison. The state minimum wage data is sourced from the Labor Law Center and includes the minimum wage in a given state as of January of that year.

For further detail, please reference the Methodology page. The data on this page was last updated on February 10, 2025.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Living Wage $20.94 $34.02 $40.88 $52.32 $29.00 $34.76 $38.12 $44.50 $14.50 $19.37 $23.00 $27.73
Poverty Wage $7.52 $10.17 $12.81 $15.46 $10.17 $12.81 $15.46 $18.10 $5.08 $6.41 $7.73 $9.05
Minimum Wage $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25 $7.25

Typical Expenses

The table below shows the costs of each basic need that go into estimating the living wage. Like with the living wage, their values vary by location and family size.

1 ADULT 2 ADULTS

(1 WORKING)

2 ADULTS

(BOTH WORKING)

0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children 0 Children 1 Child 2 Children 3 Children
Food $3,834 $5,638 $8,446 $11,236 $7,029 $8,737 $11,239 $13,710 $7,029 $8,737 $11,239 $13,710
Child Care $0 $7,412 $14,654 $19,991 $0 $0 $0 $0 $0 $7,412 $14,654 $19,991
Medical $3,167 $9,221 $9,293 $9,369 $7,316 $10,182 $10,453 $10,755 $7,316 $10,182 $10,453 $10,755
Housing $12,870 $16,171 $16,171 $22,558 $13,412 $16,171 $16,171 $22,558 $13,412 $16,171 $16,171 $22,558
Transportation $10,260 $11,874 $14,957 $17,211 $11,874 $14,957 $17,211 $19,092 $11,874 $14,957 $17,211 $19,092
Civic $2,589 $4,557 $5,031 $6,450 $4,557 $5,031 $6,450 $7,156 $4,557 $5,031 $6,450 $7,156
Internet & Mobile $1,315 $1,315 $1,315 $1,315 $1,897 $1,897 $1,897 $1,897 $1,897 $1,897 $1,897 $1,897
Other $3,770 $7,242 $7,587 $9,120 $7,242 $8,033 $9,120 $10,117 $7,242 $8,033 $9,120 $10,117
Required annual income after taxes $37,805 $63,430 $77,454 $97,251 $53,326 $65,009 $72,542 $85,285 $53,326 $72,421 $87,196 $105,276
Annual taxes $5,760 $7,328 $7,568 $11,576 $6,985 $7,291 $6,753 $7,275 $6,985 $8,178 $8,492 $10,101
Required annual income before taxes $43,565 $70,759 $85,022 $108,827 $60,311 $72,300 $79,295 $92,560 $60,311 $80,599 $95,688 $115,376

Typical Annual Salaries

The average annual salaries for various occupations in the table below comes from the latest state-level data from the Bureau of Labor Statistics’ Occupational Employment and Wage Estimates. When available, this data is specific to a given metro area.

Occupational Area Typical Annual Salary
Management $103,000
Business & Financial Operations $70,250
Computer & Mathematical $83,580
Architecture & Engineering $88,260
Life, Physical, & Social Science $64,900
Community & Social Service $52,680
Legal $0
Education, Training, & Library $55,140
Arts, Design, Entertainment, Sports, & Media $45,540
Healthcare Practitioners & Technical $82,390
Healthcare Support $30,610
Protective Service $56,600
Food Preparation & Serving Related $28,140
Building & Grounds Cleaning & Maintenance $31,130
Personal Care & Service $30,240
Sales & Related $41,910
Office & Administrative Support $40,840
Farming, Fishing, & Forestry $35,430
Construction & Extraction $47,220
Installation, Maintenance, & Repair $51,490
Production $41,080
Transportation & Material Moving $39,720