Retirement Planning in Quitman County, MS

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

Median Income

$31,192

Retirement Income (80%)

$24,954

Est. Nest Egg Needed

$350,925

Cost of Living Index

48

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$24,954
Est. Social Security$10,917

Annual Income Gap$14,037

Housing Costs

Median Rent$634/mo
Annual Housing$7,608
Property Tax Rate1.2%

Median Home Value$65,500

About Quitman County, Mississippi

Quitman County in Mississippi has a median household income of $31,192 and a homeownership rate of 57.3%. Using the 4% rule, retirees in this county would need approximately $350,925 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.