Retirement Planning in Hamlin County, SD

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

Median Income

$76,995

Retirement Income (80%)

$61,596

Est. Nest Egg Needed

$866,200

Cost of Living Index

118

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$61,596
Est. Social Security$26,948

Annual Income Gap$34,648

Housing Costs

Median Rent$717/mo
Annual Housing$8,604
Property Tax Rate1.1%

Median Home Value$181,800

About Hamlin County, South Dakota

Hamlin County in South Dakota has a median household income of $76,995 and a homeownership rate of 80.7%. Using the 4% rule, retirees in this county would need approximately $866,200 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.

Plan Your Retirement in Hamlin County

Enter your income, savings, and goals to get a personalized retirement projection with Monte Carlo simulation, Roth conversion analysis, and withdrawal strategy optimization.

Start Free Analysis

Other Counties in South Dakota

This County Across Smart Technology Investments

Money and planning

  • Vontarirelocation, cost of living, salary
  • Morivexlife insurance, term, whole
  • Venatribusiness, startup, launch cost

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.