Retirement Planning in Mora County, NM

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

Median Income

$40,231

Retirement Income (80%)

$32,185

Est. Nest Egg Needed

$452,600

Cost of Living Index

62

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$32,185
Est. Social Security$14,081

Annual Income Gap$18,104

Housing Costs

Median Rent$560/mo
Annual Housing$6,720
Property Tax Rate0.6%

Median Home Value$105,600

About Mora County, New Mexico

Mora County in New Mexico has a median household income of $40,231 and a homeownership rate of 90.2%. Using the 4% rule, retirees in this county would need approximately $452,600 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 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.