Retirement Planning in Morrow County, OH

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

Median Income

$70,412

Retirement Income (80%)

$56,330

Est. Nest Egg Needed

$792,150

Cost of Living Index

108

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$56,330
Est. Social Security$24,644

Annual Income Gap$31,686

Housing Costs

Median Rent$895/mo
Annual Housing$10,740
Property Tax Rate1.2%

Median Home Value$185,800

About Morrow County, Ohio

Morrow County in Ohio has a median household income of $70,412 and a homeownership rate of 81.7%. Using the 4% rule, retirees in this county would need approximately $792,150 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.