Retirement Planning in Dallas County, AL

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

Median Income

$37,180

Retirement Income (80%)

$29,744

Est. Nest Egg Needed

$418,275

Cost of Living Index

57

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$29,744
Est. Social Security$13,013

Annual Income Gap$16,731

Housing Costs

Median Rent$726/mo
Annual Housing$8,712
Property Tax Rate0.4%

Median Home Value$91,600

About Dallas County, Alabama

Dallas County in Alabama has a median household income of $37,180 and a homeownership rate of 61.4%. Using the 4% rule, retirees in this county would need approximately $418,275 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.