Retirement Planning in Nelson County, ND
What does it take to retire comfortably in Nelson County? Here are the numbers.
Median Income
$62,219
Retirement Income (80%)
$49,775
Est. Nest Egg Needed
$699,950
Cost of Living Index
96
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Nelson County, North Dakota
Nelson County in North Dakota has a median household income of $62,219 and a homeownership rate of 75.1%. Using the 4% rule, retirees in this county would need approximately $699,950 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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