Retirement Planning in McLean County, ND

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

Median Income

$80,556

Retirement Income (80%)

$64,445

Est. Nest Egg Needed

$906,250

Cost of Living Index

124

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$64,445
Est. Social Security$28,195

Annual Income Gap$36,250

Housing Costs

Median Rent$766/mo
Annual Housing$9,192
Property Tax Rate0.8%

Median Home Value$222,100

About McLean County, North Dakota

McLean County in North Dakota has a median household income of $80,556 and a homeownership rate of 82.9%. Using the 4% rule, retirees in this county would need approximately $906,250 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 Dakota

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.