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Retirement Planning in Faulkner County, AR

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

Median Income

$61,273

Retirement Income (80%)

$49,018

Est. Nest Egg Needed

$689,300

Cost of Living Index

94

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$49,018
Est. Social Security$21,446
Annual Income Gap$27,572

Housing Costs

Median Rent$931/mo
Annual Housing$11,172
Property Tax Rate0.6%
Median Home Value$195,800

About Faulkner County, Arkansas

Faulkner County in Arkansas has a median household income of $61,273 and a homeownership rate of 62.3%. Using the 4% rule, retirees in this county would need approximately $689,300 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 Arkansas

Pulaski CountyBenton CountyWashington CountySebastian CountySaline CountyCraighead CountyGarland CountyWhite County

This County Across Smart Technology Investments

Money and planning

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  • Morivexlife insurance, term, whole
  • Venatribusiness, startup, launch cost

Property and place

Health and care costs

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.