Retirement Planning in Lake County, OR

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

Median Income

$54,663

Retirement Income (80%)

$43,730

Est. Nest Egg Needed

$614,950

Cost of Living Index

84

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$43,730
Est. Social Security$19,132

Annual Income Gap$24,598

Housing Costs

Median Rent$816/mo
Annual Housing$9,792
Property Tax Rate0.8%

Median Home Value$169,000

About Lake County, Oregon

Lake County in Oregon has a median household income of $54,663 and a homeownership rate of 62.5%. Using the 4% rule, retirees in this county would need approximately $614,950 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 Oregon

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.