Retirement Planning in Bolivar County, MS

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

Median Income

$37,845

Retirement Income (80%)

$30,276

Est. Nest Egg Needed

$425,750

Cost of Living Index

58

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$30,276
Est. Social Security$13,246

Annual Income Gap$17,030

Housing Costs

Median Rent$698/mo
Annual Housing$8,376
Property Tax Rate0.8%

Median Home Value$118,200

About Bolivar County, Mississippi

Bolivar County in Mississippi has a median household income of $37,845 and a homeownership rate of 59.6%. Using the 4% rule, retirees in this county would need approximately $425,750 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 Mississippi

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.