Retirement Planning in Macomb County, MI

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

Median Income

$73,876

Retirement Income (80%)

$59,101

Est. Nest Egg Needed

$831,100

Cost of Living Index

114

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$59,101
Est. Social Security$25,857

Annual Income Gap$33,244

Housing Costs

Median Rent$1,124/mo
Annual Housing$13,488
Property Tax Rate1.5%

Median Home Value$216,200

About Macomb County, Michigan

Macomb County in Michigan has a median household income of $73,876 and a homeownership rate of 74.8%. Using the 4% rule, retirees in this county would need approximately $831,100 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

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.