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Retirement Planning in Lexington County, SC

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

Median Income

$71,280

Retirement Income (80%)

$57,024

Est. Nest Egg Needed

$801,900

Cost of Living Index

110

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$57,024
Est. Social Security$24,948
Annual Income Gap$32,076

Housing Costs

Median Rent$1,061/mo
Annual Housing$12,732
Property Tax Rate0.5%
Median Home Value$197,600

About Lexington County, South Carolina

Lexington County in South Carolina has a median household income of $71,280 and a homeownership rate of 76.4%. Using the 4% rule, retirees in this county would need approximately $801,900 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 South Carolina

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Property and place

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.