Retirement Planning in Elmore County, ID

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

Median Income

$55,000

Retirement Income (80%)

$44,000

Est. Nest Egg Needed

$618,750

Cost of Living Index

85

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$44,000
Est. Social Security$19,250

Annual Income Gap$24,750

Housing Costs

Median Rent$1,030/mo
Annual Housing$12,360
Property Tax Rate0.6%

Median Home Value$235,200

About Elmore County, Idaho

Elmore County in Idaho has a median household income of $55,000 and a homeownership rate of 62.5%. Using the 4% rule, retirees in this county would need approximately $618,750 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 Idaho

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.