Retirement Planning in Barbour County, AL

What does it take to retire comfortably in Barbour County? Here are the numbers.

Median Income

$39,712

Retirement Income (80%)

$31,770

Est. Nest Egg Needed

$446,775

Cost of Living Index

61

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$31,770
Est. Social Security$13,899

Annual Income Gap$17,871

Housing Costs

Median Rent$627/mo
Annual Housing$7,524
Property Tax Rate0.4%

Median Home Value$102,700

About Barbour County, Alabama

Barbour County in Alabama has a median household income of $39,712 and a homeownership rate of 65.0%. Using the 4% rule, retirees in this county would need approximately $446,775 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 Alabama

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.