Retirement Planning in Benton County, IN

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

Median Income

$58,620

Retirement Income (80%)

$46,896

Est. Nest Egg Needed

$659,475

Cost of Living Index

90

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$46,896
Est. Social Security$20,517

Annual Income Gap$26,379

Housing Costs

Median Rent$805/mo
Annual Housing$9,660
Property Tax Rate0.7%

Median Home Value$122,600

About Benton County, Indiana

Benton County in Indiana has a median household income of $58,620 and a homeownership rate of 78.4%. Using the 4% rule, retirees in this county would need approximately $659,475 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 Indiana

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.