Retirement Planning in Jefferson County, KY

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

Median Income

$66,296

Retirement Income (80%)

$53,037

Est. Nest Egg Needed

$745,825

Cost of Living Index

102

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$53,037
Est. Social Security$23,204

Annual Income Gap$29,833

Housing Costs

Median Rent$1,045/mo
Annual Housing$12,540
Property Tax Rate0.9%

Median Home Value$222,200

About Jefferson County, Kentucky

Jefferson County in Kentucky has a median household income of $66,296 and a homeownership rate of 61.8%. Using the 4% rule, retirees in this county would need approximately $745,825 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 Kentucky

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.