Retirement Planning in Clark County, IL

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

Median Income

$65,874

Retirement Income (80%)

$52,699

Est. Nest Egg Needed

$741,075

Cost of Living Index

101

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$52,699
Est. Social Security$23,056

Annual Income Gap$29,643

Housing Costs

Median Rent$816/mo
Annual Housing$9,792
Property Tax Rate1.7%

Median Home Value$112,400

About Clark County, Illinois

Clark County in Illinois has a median household income of $65,874 and a homeownership rate of 80.7%. Using the 4% rule, retirees in this county would need approximately $741,075 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

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.