Retirement Planning in Watauga County, NC

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

Median Income

$50,034

Retirement Income (80%)

$40,027

Est. Nest Egg Needed

$562,875

Cost of Living Index

77

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$40,027
Est. Social Security$17,512

Annual Income Gap$22,515

Housing Costs

Median Rent$1,067/mo
Annual Housing$12,804
Property Tax Rate0.4%

Median Home Value$283,000

About Watauga County, North Carolina

Watauga County in North Carolina has a median household income of $50,034 and a homeownership rate of 61.0%. Using the 4% rule, retirees in this county would need approximately $562,875 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.