Retirement Planning in De Baca County, NM

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

Median Income

$34,702

Retirement Income (80%)

$27,762

Est. Nest Egg Needed

$390,400

Cost of Living Index

53

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$27,762
Est. Social Security$12,146

Annual Income Gap$15,616

Housing Costs

Median Rent$688/mo
Annual Housing$8,256
Property Tax Rate0.4%

Median Home Value$219,200

About De Baca County, New Mexico

De Baca County in New Mexico has a median household income of $34,702 and a homeownership rate of 67.7%. Using the 4% rule, retirees in this county would need approximately $390,400 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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Property and place

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.