Retirement Planning in Texas County, MO

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

Median Income

$42,870

Retirement Income (80%)

$34,296

Est. Nest Egg Needed

$482,300

Cost of Living Index

66

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$34,296
Est. Social Security$15,004

Annual Income Gap$19,292

Housing Costs

Median Rent$631/mo
Annual Housing$7,572
Property Tax Rate0.5%

Median Home Value$120,800

About Texas County, Missouri

Texas County in Missouri has a median household income of $42,870 and a homeownership rate of 76.3%. Using the 4% rule, retirees in this county would need approximately $482,300 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.