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Retirement Planning in Boone County, IA

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

Median Income

$75,759

Retirement Income (80%)

$60,607

Est. Nest Egg Needed

$852,275

Cost of Living Index

117

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$60,607
Est. Social Security$26,516
Annual Income Gap$34,091

Housing Costs

Median Rent$852/mo
Annual Housing$10,224
Property Tax Rate1.5%
Median Home Value$171,600

About Boone County, Iowa

Boone County in Iowa has a median household income of $75,759 and a homeownership rate of 79.6%. Using the 4% rule, retirees in this county would need approximately $852,275 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.

Plan Your Retirement in Boone County

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Other Counties in Iowa

Polk CountyLinn CountyScott CountyJohnson CountyBlack Hawk CountyWoodbury CountyDallas CountyDubuque County

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.