Retirement Planning in Gulf County, FL

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

Median Income

$56,250

Retirement Income (80%)

$45,000

Est. Nest Egg Needed

$632,800

Cost of Living Index

87

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$45,000
Est. Social Security$19,688

Annual Income Gap$25,312

Housing Costs

Median Rent$1,143/mo
Annual Housing$13,716
Property Tax Rate0.6%

Median Home Value$197,700

About Gulf County, Florida

Gulf County in Florida has a median household income of $56,250 and a homeownership rate of 78.6%. Using the 4% rule, retirees in this county would need approximately $632,800 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.