Retirement Planning in Highlands County, FL

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

Median Income

$53,679

Retirement Income (80%)

$42,943

Est. Nest Egg Needed

$603,875

Cost of Living Index

83

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$42,943
Est. Social Security$18,788

Annual Income Gap$24,155

Housing Costs

Median Rent$919/mo
Annual Housing$11,028
Property Tax Rate0.8%

Median Home Value$155,900

About Highlands County, Florida

Highlands County in Florida has a median household income of $53,679 and a homeownership rate of 78.4%. Using the 4% rule, retirees in this county would need approximately $603,875 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.