Retirement Planning in Petersburg Borough, AK

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

Median Income

$77,826

Retirement Income (80%)

$62,261

Est. Nest Egg Needed

$875,550

Cost of Living Index

120

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$62,261
Est. Social Security$27,239

Annual Income Gap$35,022

Housing Costs

Median Rent$1,074/mo
Annual Housing$12,888
Property Tax Rate0.7%

Median Home Value$279,800

About Petersburg Borough, Alaska

Petersburg Borough in Alaska has a median household income of $77,826 and a homeownership rate of 73.4%. Using the 4% rule, retirees in this county would need approximately $875,550 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.