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Retirement Planning in Independence County, AR

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

Median Income

$52,361

Retirement Income (80%)

$41,889

Est. Nest Egg Needed

$589,075

Cost of Living Index

81

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$41,889
Est. Social Security$18,326
Annual Income Gap$23,563

Housing Costs

Median Rent$774/mo
Annual Housing$9,288
Property Tax Rate0.5%
Median Home Value$111,300

About Independence County, Arkansas

Independence County in Arkansas has a median household income of $52,361 and a homeownership rate of 69.4%. Using the 4% rule, retirees in this county would need approximately $589,075 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 CountyFaulkner CountySaline CountyCraighead CountyGarland County

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.