Retirement Planning in Tioga County, NY

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

Median Income

$70,427

Retirement Income (80%)

$56,342

Est. Nest Egg Needed

$792,325

Cost of Living Index

108

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$56,342
Est. Social Security$24,649

Annual Income Gap$31,693

Housing Costs

Median Rent$894/mo
Annual Housing$10,728
Property Tax Rate2.5%

Median Home Value$144,200

About Tioga County, New York

Tioga County in New York has a median household income of $70,427 and a homeownership rate of 77.9%. Using the 4% rule, retirees in this county would need approximately $792,325 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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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.