Retirement Planning in Citrus County, FL

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

Median Income

$52,569

Retirement Income (80%)

$42,055

Est. Nest Egg Needed

$591,400

Cost of Living Index

81

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$42,055
Est. Social Security$18,399

Annual Income Gap$23,656

Housing Costs

Median Rent$1,000/mo
Annual Housing$12,000
Property Tax Rate0.6%

Median Home Value$190,800

About Citrus County, Florida

Citrus County in Florida has a median household income of $52,569 and a homeownership rate of 85.4%. Using the 4% rule, retirees in this county would need approximately $591,400 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 Florida

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.