Retirement Planning in Guilford County, NC

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

Median Income

$62,880

Retirement Income (80%)

$50,304

Est. Nest Egg Needed

$707,400

Cost of Living Index

97

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$50,304
Est. Social Security$22,008

Annual Income Gap$28,296

Housing Costs

Median Rent$1,049/mo
Annual Housing$12,588
Property Tax Rate0.9%

Median Home Value$215,700

About Guilford County, North Carolina

Guilford County in North Carolina has a median household income of $62,880 and a homeownership rate of 59.5%. Using the 4% rule, retirees in this county would need approximately $707,400 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

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.