Retirement Planning in Rutherford County, NC

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

Median Income

$50,512

Retirement Income (80%)

$40,410

Est. Nest Egg Needed

$568,275

Cost of Living Index

78

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$40,410
Est. Social Security$17,679

Annual Income Gap$22,731

Housing Costs

Median Rent$729/mo
Annual Housing$8,748
Property Tax Rate0.6%

Median Home Value$158,200

About Rutherford County, North Carolina

Rutherford County in North Carolina has a median household income of $50,512 and a homeownership rate of 73.3%. Using the 4% rule, retirees in this county would need approximately $568,275 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.