Retirement Planning in Jefferson County, NY

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

Median Income

$62,782

Retirement Income (80%)

$50,226

Est. Nest Egg Needed

$706,300

Cost of Living Index

97

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$50,226
Est. Social Security$21,974

Annual Income Gap$28,252

Housing Costs

Median Rent$1,143/mo
Annual Housing$13,716
Property Tax Rate1.6%

Median Home Value$169,600

About Jefferson County, New York

Jefferson County in New York has a median household income of $62,782 and a homeownership rate of 54.5%. Using the 4% rule, retirees in this county would need approximately $706,300 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.