Retirement Planning in Avery County, NC

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

Median Income

$53,513

Retirement Income (80%)

$42,810

Est. Nest Egg Needed

$602,000

Cost of Living Index

82

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$42,810
Est. Social Security$18,730

Annual Income Gap$24,080

Housing Costs

Median Rent$811/mo
Annual Housing$9,732
Property Tax Rate0.4%

Median Home Value$215,900

About Avery County, North Carolina

Avery County in North Carolina has a median household income of $53,513 and a homeownership rate of 78.6%. Using the 4% rule, retirees in this county would need approximately $602,000 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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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.