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Retirement Planning in Jackson County, IL

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

Median Income

$44,847

Retirement Income (80%)

$35,878

Est. Nest Egg Needed

$504,550

Cost of Living Index

69

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$35,878
Est. Social Security$15,696
Annual Income Gap$20,182

Housing Costs

Median Rent$757/mo
Annual Housing$9,084
Property Tax Rate1.9%
Median Home Value$123,400

About Jackson County, Illinois

Jackson County in Illinois has a median household income of $44,847 and a homeownership rate of 48.5%. Using the 4% rule, retirees in this county would need approximately $504,550 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

This County Across Smart Technology Investments

Money and planning

  • Vontarirelocation, cost of living, salary
  • Morivexlife insurance, term, whole
  • Venatribusiness, startup, launch cost

Property and place

Health and care costs

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.