Retirement Planning in Wilcox County, GA

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

Median Income

$46,759

Retirement Income (80%)

$37,407

Est. Nest Egg Needed

$526,025

Cost of Living Index

72

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$37,407
Est. Social Security$16,366

Annual Income Gap$21,041

Housing Costs

Median Rent$611/mo
Annual Housing$7,332
Property Tax Rate0.9%

Median Home Value$65,300

About Wilcox County, Georgia

Wilcox County in Georgia has a median household income of $46,759 and a homeownership rate of 73.6%. Using the 4% rule, retirees in this county would need approximately $526,025 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.