Retirement Planning in Sheridan County, ND

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

Median Income

$68,684

Retirement Income (80%)

$54,947

Est. Nest Egg Needed

$772,700

Cost of Living Index

106

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$54,947
Est. Social Security$24,039

Annual Income Gap$30,908

Housing Costs

Median Rent$439/mo
Annual Housing$5,268
Property Tax Rate0.8%

Median Home Value$108,500

About Sheridan County, North Dakota

Sheridan County in North Dakota has a median household income of $68,684 and a homeownership rate of 82.9%. Using the 4% rule, retirees in this county would need approximately $772,700 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.