Retirement Planning in Claiborne Parish, LA

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

Median Income

$32,034

Retirement Income (80%)

$25,627

Est. Nest Egg Needed

$360,375

Cost of Living Index

49

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$25,627
Est. Social Security$11,212

Annual Income Gap$14,415

Housing Costs

Median Rent$626/mo
Annual Housing$7,512
Property Tax Rate0.4%

Median Home Value$79,100

About Claiborne Parish, Louisiana

Claiborne Parish in Louisiana has a median household income of $32,034 and a homeownership rate of 72.1%. Using the 4% rule, retirees in this county would need approximately $360,375 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.