Retirement Planning in Cherokee County, TX

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

Median Income

$56,971

Retirement Income (80%)

$45,577

Est. Nest Egg Needed

$640,925

Cost of Living Index

88

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$45,577
Est. Social Security$19,940

Annual Income Gap$25,637

Housing Costs

Median Rent$883/mo
Annual Housing$10,596
Property Tax Rate1.3%

Median Home Value$138,500

About Cherokee County, Texas

Cherokee County in Texas has a median household income of $56,971 and a homeownership rate of 72.0%. Using the 4% rule, retirees in this county would need approximately $640,925 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.