Retirement Planning in Hickory County, MO

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

Median Income

$33,302

Retirement Income (80%)

$26,642

Est. Nest Egg Needed

$374,650

Cost of Living Index

51

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$26,642
Est. Social Security$11,656

Annual Income Gap$14,986

Housing Costs

Median Rent$692/mo
Annual Housing$8,304
Property Tax Rate0.5%

Median Home Value$108,900

About Hickory County, Missouri

Hickory County in Missouri has a median household income of $33,302 and a homeownership rate of 82.4%. Using the 4% rule, retirees in this county would need approximately $374,650 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 Missouri

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.