Most of Lawrence is in Essex County, where a full-time job needs to pay at least $75.08 an hour before taxes to take home four times the typical studio rent.
Across the 4 ZIP codes in Lawrence with HUD rent figures, studio rents run from $1,500 to $1,760 a month. At the middle rent, $1,645, a full-time job would need to pay $56.03 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 |
|---|---|---|---|
| 01840 | Essex County | $1,500/mo | $50.45/hr |
| 01841 | Essex County | $1,540/mo | $51.99/hr |
| 01842 | Essex County | $1,750/mo | $60.08/hr |
| 01843 | Essex County | $1,760/mo | $60.46/hr |
Under the Four Times Rent standard, a full-time job in Lawrence needs to pay at least $75.08 an hour before taxes, about $156,159 a year. That is the figure for Essex County, where the typical studio rent is $2,130 a month.
Yes. Across the 4 ZIP codes in Lawrence with HUD rent figures, studio rents run from $1,500 to $1,760 a month. At the middle rent of $1,645, the pay needed would be $56.03 an hour.
The minimum wage in Essex County is $15.00 an hour. The Four Times Rent standard there is 5.0 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