Retirement Planning in Orange County, NC

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

Median Income

$85,785

Retirement Income (80%)

$68,628

Est. Nest Egg Needed

$965,075

Cost of Living Index

132

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$68,628
Est. Social Security$30,025

Annual Income Gap$38,603

Housing Costs

Median Rent$1,316/mo
Annual Housing$15,792
Property Tax Rate1.0%

Median Home Value$395,600

About Orange County, North Carolina

Orange County in North Carolina has a median household income of $85,785 and a homeownership rate of 64.7%. Using the 4% rule, retirees in this county would need approximately $965,075 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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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.