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Retirement Planning in Jackson County, MI

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

Median Income

$62,581

Retirement Income (80%)

$50,065

Est. Nest Egg Needed

$704,050

Cost of Living Index

96

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$50,065
Est. Social Security$21,903
Annual Income Gap$28,162

Housing Costs

Median Rent$920/mo
Annual Housing$11,040
Property Tax Rate1.3%
Median Home Value$166,700

About Jackson County, Michigan

Jackson County in Michigan has a median household income of $62,581 and a homeownership rate of 74.4%. Using the 4% rule, retirees in this county would need approximately $704,050 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 Michigan

Wayne CountyOakland CountyMacomb CountyKent CountyGenesee CountyWashtenaw CountyOttawa CountyIngham County

This County Across Smart Technology Investments

Money and planning

  • Vontarirelocation, cost of living, salary
  • Morivexlife insurance, term, whole
  • Venatribusiness, startup, launch cost

Property and place

Health and care costs

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.