Retirement Planning in Barnes County, ND

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

Median Income

$64,447

Retirement Income (80%)

$51,558

Est. Nest Egg Needed

$725,050

Cost of Living Index

99

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$51,558
Est. Social Security$22,556

Annual Income Gap$29,002

Housing Costs

Median Rent$773/mo
Annual Housing$9,276
Property Tax Rate1.0%

Median Home Value$157,800

About Barnes County, North Dakota

Barnes County in North Dakota has a median household income of $64,447 and a homeownership rate of 74.5%. Using the 4% rule, retirees in this county would need approximately $725,050 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.