Retirement Planning in Scott County, TN

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

Median Income

$39,744

Retirement Income (80%)

$31,795

Est. Nest Egg Needed

$447,125

Cost of Living Index

61

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$31,795
Est. Social Security$13,910

Annual Income Gap$17,885

Housing Costs

Median Rent$646/mo
Annual Housing$7,752
Property Tax Rate0.5%

Median Home Value$113,900

About Scott County, Tennessee

Scott County in Tennessee has a median household income of $39,744 and a homeownership rate of 71.6%. Using the 4% rule, retirees in this county would need approximately $447,125 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.