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Retirement Planning in Fayette County, IA

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

Median Income

$56,043

Retirement Income (80%)

$44,834

Est. Nest Egg Needed

$630,475

Cost of Living Index

86

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$44,834
Est. Social Security$19,615
Annual Income Gap$25,219

Housing Costs

Median Rent$780/mo
Annual Housing$9,360
Property Tax Rate1.3%
Median Home Value$123,000

About Fayette County, Iowa

Fayette County in Iowa has a median household income of $56,043 and a homeownership rate of 76.2%. Using the 4% rule, retirees in this county would need approximately $630,475 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

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This County Across Smart Technology Investments

Money and planning

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  • Morivexlife insurance, term, whole
  • Venatribusiness, startup, launch cost

Property and place

Health and care costs

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.