Most of Henrico is in Henrico County, where a full-time job needs to pay at least $52.79 an hour before taxes to take home four times the typical studio rent.
Across the 9 ZIP codes in Henrico with HUD rent figures, studio rents run from $1,310 to $1,810 a month. At the middle rent, $1,530, a full-time job would need to pay $51.44 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 |
|---|---|---|---|
| 23075 | Henrico County | $1,310/mo | $42.92/hr |
| 23228 | Henrico County | $1,600/mo | $54.14/hr |
| 23229 | Henrico County | $1,450/mo | $48.34/hr |
| 23231 | Henrico County | $1,340/mo | $44.08/hr |
| 23233 | Henrico County | $1,810/mo | $62.27/hr |
| 23238 | Henrico County | $1,700/mo | $58.01/hr |
| 23242 | Henrico County | $1,530/mo | $51.44/hr |
| 23255 | Henrico County | $1,530/mo | $51.44/hr |
| 23294 | Henrico County | $1,740/mo | $59.56/hr |
Under the Four Times Rent standard, a full-time job in Henrico needs to pay at least $52.79 an hour before taxes, about $109,802 a year. That is the figure for Henrico County, where the typical studio rent is $1,565 a month.
Yes. Across the 9 ZIP codes in Henrico with HUD rent figures, studio rents run from $1,310 to $1,810 a month. At the middle rent of $1,530, the pay needed would be $51.44 an hour.
The minimum wage in Henrico County is $12.77 an hour. The Four Times Rent standard there is 4.1 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