Most of Waco is in McLennan County, where a full-time job needs to pay at least $26.59 an hour before taxes to take home four times the typical studio rent.
Across the 13 ZIP codes in Waco with HUD rent figures, studio rents run from $770 to $1,070 a month. At the middle rent, $900, a full-time job would need to pay $26.59 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 |
|---|---|---|---|
| 76701 | McLennan County | $900/mo | $26.59/hr |
| 76702 | McLennan County | $910/mo | $26.90/hr |
| 76703 | McLennan County | $910/mo | $26.90/hr |
| 76704 | McLennan County | $770/mo | $22.54/hr |
| 76705 | McLennan County | $770/mo | $22.54/hr |
| 76706 | McLennan County | $890/mo | $26.28/hr |
| 76707 | McLennan County | $880/mo | $25.97/hr |
| 76708 | McLennan County | $910/mo | $26.90/hr |
| 76710 | McLennan County | $870/mo | $25.66/hr |
| 76711 | McLennan County | $1,070/mo | $31.88/hr |
| 76714 | McLennan County | $910/mo | $26.90/hr |
| 76716 | McLennan County | $910/mo | $26.90/hr |
| 76798 | McLennan County | $890/mo | $26.28/hr |
Under the Four Times Rent standard, a full-time job in Waco needs to pay at least $26.59 an hour before taxes, about $55,306 a year. That is the figure for McLennan County, where the typical studio rent is $900 a month.
Yes. Across the 13 ZIP codes in Waco with HUD rent figures, studio rents run from $770 to $1,070 a month. At the middle rent of $900, the pay needed would be $26.59 an hour.
The minimum wage in McLennan County is $7.25 an hour. The Four Times Rent standard there is 3.7 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