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Retirement Planning in Marquette County, MI

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

Median Income

$63,115

Retirement Income (80%)

$50,492

Est. Nest Egg Needed

$710,050

Cost of Living Index

97

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$50,492
Est. Social Security$22,090
Annual Income Gap$28,402

Housing Costs

Median Rent$904/mo
Annual Housing$10,848
Property Tax Rate1.1%
Median Home Value$184,300

About Marquette County, Michigan

Marquette County in Michigan has a median household income of $63,115 and a homeownership rate of 71.2%. Using the 4% rule, retirees in this county would need approximately $710,050 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.

Plan Your Retirement in Marquette County

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Other Counties in Michigan

Wayne CountyOakland CountyMacomb CountyKent CountyGenesee CountyWashtenaw CountyOttawa CountyIngham 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.