Retirement Planning in Beckham County, OK

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

Median Income

$51,499

Retirement Income (80%)

$41,199

Est. Nest Egg Needed

$579,350

Cost of Living Index

79

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$41,199
Est. Social Security$18,025

Annual Income Gap$23,174

Housing Costs

Median Rent$793/mo
Annual Housing$9,516
Property Tax Rate0.8%

Median Home Value$149,800

About Beckham County, Oklahoma

Beckham County in Oklahoma has a median household income of $51,499 and a homeownership rate of 66.1%. Using the 4% rule, retirees in this county would need approximately $579,350 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.

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Other Counties in Oklahoma

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.