Retirement Planning in Franklin County, ID

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

Median Income

$61,679

Retirement Income (80%)

$49,343

Est. Nest Egg Needed

$693,875

Cost of Living Index

95

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$49,343
Est. Social Security$21,588

Annual Income Gap$27,755

Housing Costs

Median Rent$792/mo
Annual Housing$9,504
Property Tax Rate0.5%

Median Home Value$269,100

About Franklin County, Idaho

Franklin County in Idaho has a median household income of $61,679 and a homeownership rate of 77.4%. Using the 4% rule, retirees in this county would need approximately $693,875 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.