Retirement Planning in Medina County, OH

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

Median Income

$89,968

Retirement Income (80%)

$71,974

Est. Nest Egg Needed

$1,012,125

Cost of Living Index

138

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$71,974
Est. Social Security$31,489

Annual Income Gap$40,485

Housing Costs

Median Rent$1,053/mo
Annual Housing$12,636
Property Tax Rate1.3%

Median Home Value$249,700

About Medina County, Ohio

Medina County in Ohio has a median household income of $89,968 and a homeownership rate of 79.8%. Using the 4% rule, retirees in this county would need approximately $1,012,125 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 Ohio

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.