Retirement Planning in District of Columbia, DC

What does it take to retire comfortably in District of Columbia? Here are the numbers.

Median Income

$101,722

Retirement Income (80%)

$81,378

Est. Nest Egg Needed

$1,144,375

Cost of Living Index

156

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$81,378
Est. Social Security$35,603

Annual Income Gap$45,775

Housing Costs

Median Rent$1,817/mo
Annual Housing$21,804
Property Tax Rate0.6%

Median Home Value$705,000

About District of Columbia, District of Columbia

District of Columbia in District of Columbia has a median household income of $101,722 and a homeownership rate of 41.4%. Using the 4% rule, retirees in this county would need approximately $1,144,375 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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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.