Most of Bloomington is in Monroe County, where a full-time job needs to pay at least $31.14 an hour before taxes to take home four times the typical studio rent.
Across the 8 ZIP codes in Bloomington with HUD rent figures, studio rents run from $940 to $1,030 a month. At the middle rent, $1,010, a full-time job would need to pay $31.14 an hour before taxes.
What the standard would be at each ZIP code's own studio rent. The calculator and the official standard use the county figure.
| ZIP | County | Studio rent | Pay needed |
|---|---|---|---|
| 47401 | Monroe County | $1,030/mo | $31.78/hr |
| 47402 | Monroe County | $1,000/mo | $30.81/hr |
| 47403 | Monroe County | $940/mo | $28.87/hr |
| 47404 | Monroe County | $1,020/mo | $31.46/hr |
| 47405 | Monroe County | $1,020/mo | $31.46/hr |
| 47406 | Monroe County | $1,010/mo | $31.14/hr |
| 47407 | Monroe County | $1,000/mo | $30.81/hr |
| 47408 | Monroe County | $1,010/mo | $31.14/hr |
Under the Four Times Rent standard, a full-time job in Bloomington needs to pay at least $31.14 an hour before taxes, about $64,762 a year. That is the figure for Monroe County, where the typical studio rent is $1,010 a month.
Yes. Across the 8 ZIP codes in Bloomington with HUD rent figures, studio rents run from $940 to $1,030 a month. At the middle rent of $1,010, the pay needed would be $31.14 an hour.
The minimum wage in Monroe County is $7.25 an hour. The Four Times Rent standard there is 4.3 times that.
The Four Times Rent standard: a month of full-time work (160 hours) should take home at least four times the typical rent on a studio apartment in the county where the work is done. Rents: HUD FY2027 Fair Market Rents. Taxes: 2026 federal and state income taxes plus Social Security and Medicare, for a single filer. Why four times rent? · Method and data downloads