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Retirement Planning in Gaston County, NC

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

Median Income

$62,628

Retirement Income (80%)

$50,102

Est. Nest Egg Needed

$704,550

Cost of Living Index

96

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$50,102
Est. Social Security$21,920
Annual Income Gap$28,182

Housing Costs

Median Rent$1,005/mo
Annual Housing$12,060
Property Tax Rate0.9%
Median Home Value$206,700

About Gaston County, North Carolina

Gaston County in North Carolina has a median household income of $62,628 and a homeownership rate of 67.0%. Using the 4% rule, retirees in this county would need approximately $704,550 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.

Plan Your Retirement in Gaston County

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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.