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Retirement Planning in Queens County, NY

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

Median Income

$82,431

Retirement Income (80%)

$65,945

Est. Nest Egg Needed

$927,350

Cost of Living Index

127

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$65,945
Est. Social Security$28,851
Annual Income Gap$37,094

Housing Costs

Median Rent$1,847/mo
Annual Housing$22,164
Property Tax Rate0.9%
Median Home Value$677,700

About Queens County, New York

Queens County in New York has a median household income of $82,431 and a homeownership rate of 45.2%. Using the 4% rule, retirees in this county would need approximately $927,350 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 Queens County

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Other Counties in New York

Kings CountyNew York CountySuffolk CountyBronx CountyNassau CountyWestchester CountyErie CountyMonroe County

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.