Retirement Planning in Hughes County, SD

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

Median Income

$83,750

Retirement Income (80%)

$67,000

Est. Nest Egg Needed

$942,200

Cost of Living Index

129

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$67,000
Est. Social Security$29,312

Annual Income Gap$37,688

Housing Costs

Median Rent$920/mo
Annual Housing$11,040
Property Tax Rate1.1%

Median Home Value$216,500

About Hughes County, South Dakota

Hughes County in South Dakota has a median household income of $83,750 and a homeownership rate of 73.5%. Using the 4% rule, retirees in this county would need approximately $942,200 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.

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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.