Retirement Planning in Wapello County, IA

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

Median Income

$56,209

Retirement Income (80%)

$44,967

Est. Nest Egg Needed

$632,350

Cost of Living Index

86

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$44,967
Est. Social Security$19,673

Annual Income Gap$25,294

Housing Costs

Median Rent$909/mo
Annual Housing$10,908
Property Tax Rate1.7%

Median Home Value$105,800

About Wapello County, Iowa

Wapello County in Iowa has a median household income of $56,209 and a homeownership rate of 66.3%. Using the 4% rule, retirees in this county would need approximately $632,350 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.