Retirement Planning in Fall River County, SD

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

Median Income

$54,886

Retirement Income (80%)

$43,909

Est. Nest Egg Needed

$617,475

Cost of Living Index

84

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$43,909
Est. Social Security$19,210

Annual Income Gap$24,699

Housing Costs

Median Rent$813/mo
Annual Housing$9,756
Property Tax Rate1.1%

Median Home Value$158,500

About Fall River County, South Dakota

Fall River County in South Dakota has a median household income of $54,886 and a homeownership rate of 75.8%. Using the 4% rule, retirees in this county would need approximately $617,475 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.