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Retirement Planning in Wallace County, KS

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

Median Income

$57,708

Retirement Income (80%)

$46,166

Est. Nest Egg Needed

$649,200

Cost of Living Index

89

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$46,166
Est. Social Security$20,198
Annual Income Gap$25,968

Housing Costs

Median Rent$564/mo
Annual Housing$6,768
Property Tax Rate1.8%
Median Home Value$96,200

About Wallace County, Kansas

Wallace County in Kansas has a median household income of $57,708 and a homeownership rate of 70.4%. Using the 4% rule, retirees in this county would need approximately $649,200 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 Kansas

Johnson CountySedgwick CountyShawnee CountyWyandotte CountyDouglas CountyLeavenworth CountyRiley CountyButler County

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.