Retirement Planning in Union County, SD

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

Median Income

$82,036

Retirement Income (80%)

$65,629

Est. Nest Egg Needed

$922,900

Cost of Living Index

126

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$65,629
Est. Social Security$28,713

Annual Income Gap$36,916

Housing Costs

Median Rent$1,008/mo
Annual Housing$12,096
Property Tax Rate1.1%

Median Home Value$254,900

About Union County, South Dakota

Union County in South Dakota has a median household income of $82,036 and a homeownership rate of 70.0%. Using the 4% rule, retirees in this county would need approximately $922,900 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.