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Retirement Planning in Edmunds County, SD

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

Median Income

$76,806

Retirement Income (80%)

$61,445

Est. Nest Egg Needed

$864,075

Cost of Living Index

118

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$61,445
Est. Social Security$26,882
Annual Income Gap$34,563

Housing Costs

Median Rent$839/mo
Annual Housing$10,068
Property Tax Rate0.9%
Median Home Value$142,300

About Edmunds County, South Dakota

Edmunds County in South Dakota has a median household income of $76,806 and a homeownership rate of 82.9%. Using the 4% rule, retirees in this county would need approximately $864,075 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 Dakota

Minnehaha CountyPennington CountyLincoln CountyBrown CountyBrookings CountyMeade CountyCodington CountyLawrence County

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.