Retirement Planning in Marion County, IN

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

Median Income

$59,504

Retirement Income (80%)

$47,603

Est. Nest Egg Needed

$669,425

Cost of Living Index

92

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$47,603
Est. Social Security$20,826

Annual Income Gap$26,777

Housing Costs

Median Rent$1,042/mo
Annual Housing$12,504
Property Tax Rate1.0%

Median Home Value$184,100

About Marion County, Indiana

Marion County in Indiana has a median household income of $59,504 and a homeownership rate of 55.5%. Using the 4% rule, retirees in this county would need approximately $669,425 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.