Retirement Planning in Edgefield County, SC

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

Median Income

$60,033

Retirement Income (80%)

$48,026

Est. Nest Egg Needed

$675,350

Cost of Living Index

92

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$48,026
Est. Social Security$21,012

Annual Income Gap$27,014

Housing Costs

Median Rent$786/mo
Annual Housing$9,432
Property Tax Rate0.5%

Median Home Value$162,900

About Edgefield County, South Carolina

Edgefield County in South Carolina has a median household income of $60,033 and a homeownership rate of 75.3%. Using the 4% rule, retirees in this county would need approximately $675,350 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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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.