Retirement Planning in Washington County, IA

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

Median Income

$71,122

Retirement Income (80%)

$56,898

Est. Nest Egg Needed

$800,125

Cost of Living Index

109

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$56,898
Est. Social Security$24,893

Annual Income Gap$32,005

Housing Costs

Median Rent$849/mo
Annual Housing$10,188
Property Tax Rate1.4%

Median Home Value$182,400

About Washington County, Iowa

Washington County in Iowa has a median household income of $71,122 and a homeownership rate of 71.6%. Using the 4% rule, retirees in this county would need approximately $800,125 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.