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Retirement Planning in Carbon County, MT

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

Median Income

$66,780

Retirement Income (80%)

$53,424

Est. Nest Egg Needed

$751,275

Cost of Living Index

103

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$53,424
Est. Social Security$23,373
Annual Income Gap$30,051

Housing Costs

Median Rent$900/mo
Annual Housing$10,800
Property Tax Rate0.6%
Median Home Value$355,600

About Carbon County, Montana

Carbon County in Montana has a median household income of $66,780 and a homeownership rate of 73.8%. Using the 4% rule, retirees in this county would need approximately $751,275 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 Montana

Yellowstone CountyGallatin CountyMissoula CountyFlathead CountyCascade CountyLewis and Clark CountyRavalli CountySilver Bow County

This County Across Smart Technology Investments

Money and planning

  • Vontarirelocation, cost of living, salary
  • Morivexlife insurance, term, whole
  • Venatribusiness, startup, launch cost

Property and place

Health and care costs

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.