Retirement Planning in Fannin County, GA

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

Median Income

$54,857

Retirement Income (80%)

$43,886

Est. Nest Egg Needed

$617,150

Cost of Living Index

84

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$43,886
Est. Social Security$19,200

Annual Income Gap$24,686

Housing Costs

Median Rent$813/mo
Annual Housing$9,756
Property Tax Rate0.4%

Median Home Value$260,100

About Fannin County, Georgia

Fannin County in Georgia has a median household income of $54,857 and a homeownership rate of 77.8%. Using the 4% rule, retirees in this county would need approximately $617,150 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 Georgia

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.