Most of Federal Way is in King County, where a full-time job needs to pay at least $72.25 an hour before taxes to take home four times the typical studio rent.
Across the 4 ZIP codes in Federal Way with HUD rent figures, studio rents run from $1,840 to $2,130 a month. At the middle rent, $2,025, a full-time job would need to pay $66.84 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 |
|---|---|---|---|
| 98003 | King County | $1,840/mo | $60.03/hr |
| 98023 | King County | $1,920/mo | $62.94/hr |
| 98063 | King County | $2,130/mo | $70.76/hr |
| 98093 | King County | $2,130/mo | $70.76/hr |
Under the Four Times Rent standard, a full-time job in Federal Way needs to pay at least $72.25 an hour before taxes, about $150,285 a year. That is the figure for King County, where the typical studio rent is $2,170 a month.
Yes. Across the 4 ZIP codes in Federal Way with HUD rent figures, studio rents run from $1,840 to $2,130 a month. At the middle rent of $2,025, the pay needed would be $66.84 an hour.
The minimum wage in King County is $17.13 an hour. The Four Times Rent standard there is 4.2 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