Retirement Planning in Davis County, IA

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

Median Income

$77,176

Retirement Income (80%)

$61,741

Est. Nest Egg Needed

$868,225

Cost of Living Index

119

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$61,741
Est. Social Security$27,012

Annual Income Gap$34,729

Housing Costs

Median Rent$835/mo
Annual Housing$10,020
Property Tax Rate1.6%

Median Home Value$140,300

About Davis County, Iowa

Davis County in Iowa has a median household income of $77,176 and a homeownership rate of 84.9%. Using the 4% rule, retirees in this county would need approximately $868,225 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 Iowa

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.