Retirement Planning in Grant County, SD

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

Median Income

$70,851

Retirement Income (80%)

$56,681

Est. Nest Egg Needed

$797,075

Cost of Living Index

109

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$56,681
Est. Social Security$24,798

Annual Income Gap$31,883

Housing Costs

Median Rent$493/mo
Annual Housing$5,916
Property Tax Rate1.0%

Median Home Value$168,500

About Grant County, South Dakota

Grant County in South Dakota has a median household income of $70,851 and a homeownership rate of 81.5%. Using the 4% rule, retirees in this county would need approximately $797,075 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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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.