Retirement Planning in Mountrail County, ND

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

Median Income

$81,886

Retirement Income (80%)

$65,509

Est. Nest Egg Needed

$921,225

Cost of Living Index

126

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$65,509
Est. Social Security$28,660

Annual Income Gap$36,849

Housing Costs

Median Rent$929/mo
Annual Housing$11,148
Property Tax Rate0.6%

Median Home Value$205,000

About Mountrail County, North Dakota

Mountrail County in North Dakota has a median household income of $81,886 and a homeownership rate of 60.6%. Using the 4% rule, retirees in this county would need approximately $921,225 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.