Retirement Planning in Nome Census Area, AK

What does it take to retire comfortably in Nome Census Area? Here are the numbers.

Median Income

$70,121

Retirement Income (80%)

$56,097

Est. Nest Egg Needed

$788,875

Cost of Living Index

108

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$56,097
Est. Social Security$24,542

Annual Income Gap$31,555

Housing Costs

Median Rent$1,349/mo
Annual Housing$16,188
Property Tax Rate1.5%

Median Home Value$181,300

About Nome Census Area, Alaska

Nome Census Area in Alaska has a median household income of $70,121 and a homeownership rate of 62.6%. Using the 4% rule, retirees in this county would need approximately $788,875 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

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.