Retirement Planning in Ward County, ND

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

Median Income

$78,143

Retirement Income (80%)

$62,514

Est. Nest Egg Needed

$879,100

Cost of Living Index

120

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$62,514
Est. Social Security$27,350

Annual Income Gap$35,164

Housing Costs

Median Rent$1,005/mo
Annual Housing$12,060
Property Tax Rate1.1%

Median Home Value$249,800

About Ward County, North Dakota

Ward County in North Dakota has a median household income of $78,143 and a homeownership rate of 61.2%. Using the 4% rule, retirees in this county would need approximately $879,100 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.