Retirement Planning in Owen County, KY

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

Median Income

$56,485

Retirement Income (80%)

$45,188

Est. Nest Egg Needed

$635,450

Cost of Living Index

87

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$45,188
Est. Social Security$19,770

Annual Income Gap$25,418

Housing Costs

Median Rent$827/mo
Annual Housing$9,924
Property Tax Rate0.7%

Median Home Value$151,300

About Owen County, Kentucky

Owen County in Kentucky has a median household income of $56,485 and a homeownership rate of 85.5%. Using the 4% rule, retirees in this county would need approximately $635,450 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.