Retirement Planning in Andrews County, TX

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

Median Income

$86,458

Retirement Income (80%)

$69,166

Est. Nest Egg Needed

$972,650

Cost of Living Index

133

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$69,166
Est. Social Security$30,260

Annual Income Gap$38,906

Housing Costs

Median Rent$1,345/mo
Annual Housing$16,140
Property Tax Rate1.4%

Median Home Value$179,300

About Andrews County, Texas

Andrews County in Texas has a median household income of $86,458 and a homeownership rate of 72.5%. Using the 4% rule, retirees in this county would need approximately $972,650 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 Texas

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.