Retirement Planning in Newton County, IN

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

Median Income

$63,673

Retirement Income (80%)

$50,938

Est. Nest Egg Needed

$716,300

Cost of Living Index

98

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$50,938
Est. Social Security$22,286

Annual Income Gap$28,652

Housing Costs

Median Rent$811/mo
Annual Housing$9,732
Property Tax Rate0.9%

Median Home Value$147,900

About Newton County, Indiana

Newton County in Indiana has a median household income of $63,673 and a homeownership rate of 82.5%. Using the 4% rule, retirees in this county would need approximately $716,300 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.