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Retirement Planning in Edgecombe County, NC

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

Median Income

$46,370

Retirement Income (80%)

$37,096

Est. Nest Egg Needed

$521,675

Cost of Living Index

71

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$37,096
Est. Social Security$16,229
Annual Income Gap$20,867

Housing Costs

Median Rent$779/mo
Annual Housing$9,348
Property Tax Rate1.2%
Median Home Value$106,200

About Edgecombe County, North Carolina

Edgecombe County in North Carolina has a median household income of $46,370 and a homeownership rate of 61.9%. Using the 4% rule, retirees in this county would need approximately $521,675 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 North Carolina

Wake CountyMecklenburg CountyGuilford CountyForsyth CountyCumberland CountyDurham CountyBuncombe CountyUnion County

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.