Most of Covington is in Kenton County, where a full-time job needs to pay at least $29.67 an hour before taxes to take home four times the typical studio rent.
Across the 4 ZIP codes in Covington with HUD rent figures, studio rents run from $940 to $1,120 a month. At the middle rent, $980, a full-time job would need to pay $30.32 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 |
|---|---|---|---|
| 41011 | Kenton County | $1,120/mo | $34.93/hr |
| 41012 | Kenton County | $1,010/mo | $31.30/hr |
| 41014 | Kenton County | $940/mo | $29.02/hr |
| 41016 | Kenton County | $950/mo | $29.35/hr |
Under the Four Times Rent standard, a full-time job in Covington needs to pay at least $29.67 an hour before taxes, about $61,720 a year. That is the figure for Kenton County, where the typical studio rent is $960 a month.
Yes. Across the 4 ZIP codes in Covington with HUD rent figures, studio rents run from $940 to $1,120 a month. At the middle rent of $980, the pay needed would be $30.32 an hour.
The minimum wage in Kenton County is $7.25 an hour. The Four Times Rent standard there is 4.1 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