Retirement Planning in Wakulla County, FL

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

Median Income

$72,035

Retirement Income (80%)

$57,628

Est. Nest Egg Needed

$810,400

Cost of Living Index

111

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$57,628
Est. Social Security$25,212

Annual Income Gap$32,416

Housing Costs

Median Rent$1,041/mo
Annual Housing$12,492
Property Tax Rate0.7%

Median Home Value$198,600

About Wakulla County, Florida

Wakulla County in Florida has a median household income of $72,035 and a homeownership rate of 81.2%. Using the 4% rule, retirees in this county would need approximately $810,400 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.