Retirement Planning in McCook County, SD

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

Median Income

$74,873

Retirement Income (80%)

$59,898

Est. Nest Egg Needed

$842,300

Cost of Living Index

115

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$59,898
Est. Social Security$26,206

Annual Income Gap$33,692

Housing Costs

Median Rent$778/mo
Annual Housing$9,336
Property Tax Rate1.0%

Median Home Value$186,100

About McCook County, South Dakota

McCook County in South Dakota has a median household income of $74,873 and a homeownership rate of 82.1%. Using the 4% rule, retirees in this county would need approximately $842,300 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.