Retirement Planning in Perkins County, SD

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

Median Income

$64,410

Retirement Income (80%)

$51,528

Est. Nest Egg Needed

$724,600

Cost of Living Index

99

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$51,528
Est. Social Security$22,544

Annual Income Gap$28,984

Housing Costs

Median Rent$685/mo
Annual Housing$8,220
Property Tax Rate1.3%

Median Home Value$108,900

About Perkins County, South Dakota

Perkins County in South Dakota has a median household income of $64,410 and a homeownership rate of 78.5%. Using the 4% rule, retirees in this county would need approximately $724,600 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.