Retirement Planning in Renville County, ND

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

Median Income

$77,067

Retirement Income (80%)

$61,654

Est. Nest Egg Needed

$867,025

Cost of Living Index

119

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$61,654
Est. Social Security$26,973

Annual Income Gap$34,681

Housing Costs

Median Rent$885/mo
Annual Housing$10,620
Property Tax Rate0.7%

Median Home Value$165,500

About Renville County, North Dakota

Renville County in North Dakota has a median household income of $77,067 and a homeownership rate of 83.6%. Using the 4% rule, retirees in this county would need approximately $867,025 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.