Retirement Planning in Tate County, MS

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

Median Income

$61,286

Retirement Income (80%)

$49,029

Est. Nest Egg Needed

$689,475

Cost of Living Index

94

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$49,029
Est. Social Security$21,450

Annual Income Gap$27,579

Housing Costs

Median Rent$876/mo
Annual Housing$10,512
Property Tax Rate0.8%

Median Home Value$163,700

About Tate County, Mississippi

Tate County in Mississippi has a median household income of $61,286 and a homeownership rate of 73.7%. Using the 4% rule, retirees in this county would need approximately $689,475 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.