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Retirement Planning in Bureau County, IL

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

Median Income

$64,165

Retirement Income (80%)

$51,332

Est. Nest Egg Needed

$721,850

Cost of Living Index

99

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$51,332
Est. Social Security$22,458
Annual Income Gap$28,874

Housing Costs

Median Rent$787/mo
Annual Housing$9,444
Property Tax Rate2.1%
Median Home Value$120,200

About Bureau County, Illinois

Bureau County in Illinois has a median household income of $64,165 and a homeownership rate of 75.9%. Using the 4% rule, retirees in this county would need approximately $721,850 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 Illinois

Cook CountyDuPage CountyLake CountyWill CountyKane CountyMcHenry CountyWinnebago CountyMadison County

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.