Retirement Planning in Manistee County, MI

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

Median Income

$59,467

Retirement Income (80%)

$47,574

Est. Nest Egg Needed

$669,025

Cost of Living Index

91

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$47,574
Est. Social Security$20,813

Annual Income Gap$26,761

Housing Costs

Median Rent$801/mo
Annual Housing$9,612
Property Tax Rate1.2%

Median Home Value$157,800

About Manistee County, Michigan

Manistee County in Michigan has a median household income of $59,467 and a homeownership rate of 86.1%. Using the 4% rule, retirees in this county would need approximately $669,025 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.