Retirement Planning in Grant County, NM

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

Median Income

$44,895

Retirement Income (80%)

$35,916

Est. Nest Egg Needed

$505,075

Cost of Living Index

69

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$35,916
Est. Social Security$15,713

Annual Income Gap$20,203

Housing Costs

Median Rent$802/mo
Annual Housing$9,624
Property Tax Rate0.5%

Median Home Value$153,900

About Grant County, New Mexico

Grant County in New Mexico has a median household income of $44,895 and a homeownership rate of 71.5%. Using the 4% rule, retirees in this county would need approximately $505,075 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.

Plan Your Retirement in Grant County

Enter your income, savings, and goals to get a personalized retirement projection with Monte Carlo simulation, Roth conversion analysis, and withdrawal strategy optimization.

Start Free Analysis

Other Counties in New Mexico

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.