Retirement Planning in Scott County, IN

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

Median Income

$49,343

Retirement Income (80%)

$39,474

Est. Nest Egg Needed

$555,100

Cost of Living Index

76

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$39,474
Est. Social Security$17,270

Annual Income Gap$22,204

Housing Costs

Median Rent$813/mo
Annual Housing$9,756
Property Tax Rate0.7%

Median Home Value$137,200

About Scott County, Indiana

Scott County in Indiana has a median household income of $49,343 and a homeownership rate of 70.0%. Using the 4% rule, retirees in this county would need approximately $555,100 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.