Most of Covington is in St. Tammany Parish, where a full-time job needs to pay at least $31.56 an hour before taxes to take home four times the typical studio rent.
Across the 3 ZIP codes in Covington with HUD rent figures, studio rents run from $1,020 to $1,140 a month. At the middle rent, $1,100, a full-time job would need to pay $33.83 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 |
|---|---|---|---|
| 70433 | St. Tammany Parish | $1,140/mo | $35.20/hr |
| 70434 | St. Tammany Parish | $1,100/mo | $33.83/hr |
| 70435 | St. Tammany Parish | $1,020/mo | $31.24/hr |
Under the Four Times Rent standard, a full-time job in Covington needs to pay at least $31.56 an hour before taxes, about $65,651 a year. That is the figure for St. Tammany Parish, where the typical studio rent is $1,030 a month.
Yes. Across the 3 ZIP codes in Covington with HUD rent figures, studio rents run from $1,020 to $1,140 a month. At the middle rent of $1,100, the pay needed would be $33.83 an hour.
The minimum wage in St. Tammany Parish is $7.25 an hour. The Four Times Rent standard there is 4.4 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