Retirement Planning in Nevada County, CA

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

Median Income

$79,395

Retirement Income (80%)

$63,516

Est. Nest Egg Needed

$893,200

Cost of Living Index

122

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$63,516
Est. Social Security$27,788

Annual Income Gap$35,728

Housing Costs

Median Rent$1,487/mo
Annual Housing$17,844
Property Tax Rate0.7%

Median Home Value$559,700

About Nevada County, California

Nevada County in California has a median household income of $79,395 and a homeownership rate of 74.9%. Using the 4% rule, retirees in this county would need approximately $893,200 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 California

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.