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Retirement Planning in Lee County, MS

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

Median Income

$64,479

Retirement Income (80%)

$51,583

Est. Nest Egg Needed

$725,375

Cost of Living Index

99

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$51,583
Est. Social Security$22,568
Annual Income Gap$29,015

Housing Costs

Median Rent$898/mo
Annual Housing$10,776
Property Tax Rate0.8%
Median Home Value$172,900

About Lee County, Mississippi

Lee County in Mississippi has a median household income of $64,479 and a homeownership rate of 69.9%. Using the 4% rule, retirees in this county would need approximately $725,375 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

Hinds CountyHarrison CountyDeSoto CountyRankin CountyJackson CountyMadison CountyForrest CountyLauderdale 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.