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Retirement Planning in Prince George's County, MD

What does it take to retire comfortably in Prince George's County? Here are the numbers.

Median Income

$97,935

Retirement Income (80%)

$78,348

Est. Nest Egg Needed

$1,101,775

Cost of Living Index

151

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$78,348
Est. Social Security$34,277
Annual Income Gap$44,071

Housing Costs

Median Rent$1,713/mo
Annual Housing$20,556
Property Tax Rate1.2%
Median Home Value$380,500

About Prince George's County, Maryland

Prince George's County in Maryland has a median household income of $97,935 and a homeownership rate of 62.4%. Using the 4% rule, retirees in this county would need approximately $1,101,775 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 Maryland

Montgomery CountyBaltimore CountyAnne Arundel CountyBaltimore cityHoward CountyFrederick CountyHarford CountyCarroll 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.