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Retirement Planning in Ketchikan Gateway Borough, AK

What does it take to retire comfortably in Ketchikan Gateway Borough? Here are the numbers.

Median Income

$82,763

Retirement Income (80%)

$66,210

Est. Nest Egg Needed

$931,075

Cost of Living Index

127

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$66,210
Est. Social Security$28,967
Annual Income Gap$37,243

Housing Costs

Median Rent$1,275/mo
Annual Housing$15,300
Property Tax Rate0.7%
Median Home Value$361,000

About Ketchikan Gateway Borough, Alaska

Ketchikan Gateway Borough in Alaska has a median household income of $82,763 and a homeownership rate of 65.7%. Using the 4% rule, retirees in this county would need approximately $931,075 in savings to cover the gap between Social Security and their target retirement income.

These are estimates based on county-level medians. Your actual retirement needs depend on your specific income, expenses, healthcare costs, Social Security benefits, and investment portfolio. Use our calculator for a personalized Monte Carlo analysis.

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Other Counties in Alaska

Anchorage MunicipalityMatanuska-Susitna BoroughFairbanks North Star BoroughKenai Peninsula BoroughJuneau City and BoroughBethel Census AreaKodiak Island BoroughNorth Slope Borough

County-level data from U.S. Census Bureau American Community Survey (ACS) 2022 5-Year Estimates. Additional sources: SSA, BLS. Estimates based on county-level medians and the 4% withdrawal rule. This is not financial advice.