Retirement Planning in Tama County, IA

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

Median Income

$65,483

Retirement Income (80%)

$52,386

Est. Nest Egg Needed

$736,675

Cost of Living Index

101

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$52,386
Est. Social Security$22,919

Annual Income Gap$29,467

Housing Costs

Median Rent$829/mo
Annual Housing$9,948
Property Tax Rate1.5%

Median Home Value$129,400

About Tama County, Iowa

Tama County in Iowa has a median household income of $65,483 and a homeownership rate of 75.5%. Using the 4% rule, retirees in this county would need approximately $736,675 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.