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Retirement Planning in Wilkes County, NC

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

Median Income

$49,119

Retirement Income (80%)

$39,295

Est. Nest Egg Needed

$552,575

Cost of Living Index

76

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$39,295
Est. Social Security$17,192
Annual Income Gap$22,103

Housing Costs

Median Rent$712/mo
Annual Housing$8,544
Property Tax Rate0.7%
Median Home Value$146,200

About Wilkes County, North Carolina

Wilkes County in North Carolina has a median household income of $49,119 and a homeownership rate of 73.0%. Using the 4% rule, retirees in this county would need approximately $552,575 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

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.