Retirement Planning in Daviess County, IN

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

Median Income

$64,113

Retirement Income (80%)

$51,290

Est. Nest Egg Needed

$721,250

Cost of Living Index

99

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$51,290
Est. Social Security$22,440

Annual Income Gap$28,850

Housing Costs

Median Rent$820/mo
Annual Housing$9,840
Property Tax Rate0.7%

Median Home Value$174,000

About Daviess County, Indiana

Daviess County in Indiana has a median household income of $64,113 and a homeownership rate of 70.3%. Using the 4% rule, retirees in this county would need approximately $721,250 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.

Plan Your Retirement in Daviess County

Enter your income, savings, and goals to get a personalized retirement projection with Monte Carlo simulation, Roth conversion analysis, and withdrawal strategy optimization.

Start Free Analysis

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.