Retirement Planning in Carteret County, NC

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

Median Income

$66,965

Retirement Income (80%)

$53,572

Est. Nest Egg Needed

$753,350

Cost of Living Index

103

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$53,572
Est. Social Security$23,438

Annual Income Gap$30,134

Housing Costs

Median Rent$1,009/mo
Annual Housing$12,108
Property Tax Rate0.5%

Median Home Value$277,400

About Carteret County, North Carolina

Carteret County in North Carolina has a median household income of $66,965 and a homeownership rate of 72.9%. Using the 4% rule, retirees in this county would need approximately $753,350 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.