Retirement Planning in Haywood County, TN

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

Median Income

$44,890

Retirement Income (80%)

$35,912

Est. Nest Egg Needed

$505,025

Cost of Living Index

69

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$35,912
Est. Social Security$15,711

Annual Income Gap$20,201

Housing Costs

Median Rent$715/mo
Annual Housing$8,580
Property Tax Rate0.7%

Median Home Value$116,900

About Haywood County, Tennessee

Haywood County in Tennessee has a median household income of $44,890 and a homeownership rate of 58.1%. Using the 4% rule, retirees in this county would need approximately $505,025 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.