Most of Lexington is in Davidson County, where a full-time job needs to pay at least $28.94 an hour before taxes to take home four times the typical studio rent.
Across the 4 ZIP codes in Lexington with HUD rent figures, studio rents run from $920 to $960 a month. At the middle rent, $960, a full-time job would need to pay $29.60 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 |
|---|---|---|---|
| 27292 | Davidson County | $920/mo | $28.29/hr |
| 27293 | Davidson County | $960/mo | $29.60/hr |
| 27294 | Davidson County | $960/mo | $29.60/hr |
| 27295 | Davidson County | $960/mo | $29.60/hr |
Under the Four Times Rent standard, a full-time job in Lexington needs to pay at least $28.94 an hour before taxes, about $60,198 a year. That is the figure for Davidson County, where the typical studio rent is $940 a month.
Yes. Across the 4 ZIP codes in Lexington with HUD rent figures, studio rents run from $920 to $960 a month. At the middle rent of $960, the pay needed would be $29.60 an hour.
The minimum wage in Davidson County is $7.25 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