Retirement Planning in Lowndes County, AL

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

Median Income

$33,125

Retirement Income (80%)

$26,500

Est. Nest Egg Needed

$372,650

Cost of Living Index

51

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$26,500
Est. Social Security$11,594

Annual Income Gap$14,906

Housing Costs

Median Rent$760/mo
Annual Housing$9,120
Property Tax Rate0.4%

Median Home Value$83,400

About Lowndes County, Alabama

Lowndes County in Alabama has a median household income of $33,125 and a homeownership rate of 77.5%. Using the 4% rule, retirees in this county would need approximately $372,650 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.