Retirement Planning in Claiborne County, TN

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

Median Income

$42,406

Retirement Income (80%)

$33,925

Est. Nest Egg Needed

$477,075

Cost of Living Index

65

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$33,925
Est. Social Security$14,842

Annual Income Gap$19,083

Housing Costs

Median Rent$710/mo
Annual Housing$8,520
Property Tax Rate0.5%

Median Home Value$135,400

About Claiborne County, Tennessee

Claiborne County in Tennessee has a median household income of $42,406 and a homeownership rate of 71.6%. Using the 4% rule, retirees in this county would need approximately $477,075 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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Other Counties in Tennessee

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.