Retirement Planning in Northwest Arctic Borough, AK

What does it take to retire comfortably in Northwest Arctic Borough? Here are the numbers.

Median Income

$77,647

Retirement Income (80%)

$62,118

Est. Nest Egg Needed

$873,550

Cost of Living Index

119

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$62,118
Est. Social Security$27,176

Annual Income Gap$34,942

Housing Costs

Median Rent$1,386/mo
Annual Housing$16,632
Property Tax Rate0.1%

Median Home Value$147,200

About Northwest Arctic Borough, Alaska

Northwest Arctic Borough in Alaska has a median household income of $77,647 and a homeownership rate of 61.0%. Using the 4% rule, retirees in this county would need approximately $873,550 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.