Retirement Planning in Caddo Parish, LA

What does it take to retire comfortably in Caddo Parish? Here are the numbers.

Median Income

$47,572

Retirement Income (80%)

$38,058

Est. Nest Egg Needed

$535,200

Cost of Living Index

73

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$38,058
Est. Social Security$16,650

Annual Income Gap$21,408

Housing Costs

Median Rent$927/mo
Annual Housing$11,124
Property Tax Rate0.7%

Median Home Value$166,700

About Caddo Parish, Louisiana

Caddo Parish in Louisiana has a median household income of $47,572 and a homeownership rate of 60.5%. Using the 4% rule, retirees in this county would need approximately $535,200 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 Louisiana

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.