Most of Newark is in Essex County, where a full-time job needs to pay at least $63.75 an hour before taxes to take home four times the typical studio rent.
Across the 10 ZIP codes in Newark with HUD rent figures, studio rents run from $1,460 to $1,550 a month. At the middle rent, $1,460, a full-time job would need to pay $48.40 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 |
|---|---|---|---|
| 07101 | Essex County | $1,550/mo | $51.94/hr |
| 07102 | Essex County | $1,460/mo | $48.40/hr |
| 07103 | Essex County | $1,460/mo | $48.40/hr |
| 07104 | Essex County | $1,460/mo | $48.40/hr |
| 07105 | Essex County | $1,480/mo | $49.18/hr |
| 07106 | Essex County | $1,460/mo | $48.40/hr |
| 07107 | Essex County | $1,460/mo | $48.40/hr |
| 07108 | Essex County | $1,460/mo | $48.40/hr |
| 07112 | Essex County | $1,460/mo | $48.40/hr |
| 07114 | Essex County | $1,460/mo | $48.40/hr |
Under the Four Times Rent standard, a full-time job in Newark needs to pay at least $63.75 an hour before taxes, about $132,591 a year. That is the figure for Essex County, where the typical studio rent is $1,850 a month.
Yes. Across the 10 ZIP codes in Newark with HUD rent figures, studio rents run from $1,460 to $1,550 a month. At the middle rent of $1,460, the pay needed would be $48.40 an hour.
The minimum wage in Essex County is $15.92 an hour. The Four Times Rent standard there is 4.0 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