Retirement Planning in Shoshone County, ID

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

Median Income

$44,807

Retirement Income (80%)

$35,846

Est. Nest Egg Needed

$504,100

Cost of Living Index

69

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$35,846
Est. Social Security$15,682

Annual Income Gap$20,164

Housing Costs

Median Rent$823/mo
Annual Housing$9,876
Property Tax Rate0.7%

Median Home Value$183,200

About Shoshone County, Idaho

Shoshone County in Idaho has a median household income of $44,807 and a homeownership rate of 73.0%. Using the 4% rule, retirees in this county would need approximately $504,100 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.