Retirement Planning in Oconee County, SC

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

Median Income

$56,710

Retirement Income (80%)

$45,368

Est. Nest Egg Needed

$637,975

Cost of Living Index

87

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$45,368
Est. Social Security$19,849

Annual Income Gap$25,519

Housing Costs

Median Rent$852/mo
Annual Housing$10,224
Property Tax Rate0.4%

Median Home Value$192,800

About Oconee County, South Carolina

Oconee County in South Carolina has a median household income of $56,710 and a homeownership rate of 75.2%. Using the 4% rule, retirees in this county would need approximately $637,975 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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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.