Retirement Planning in Collin County, TX

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

Median Income

$113,255

Retirement Income (80%)

$90,604

Est. Nest Egg Needed

$1,274,125

Cost of Living Index

174

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$90,604
Est. Social Security$39,639

Annual Income Gap$50,965

Housing Costs

Median Rent$1,689/mo
Annual Housing$20,268
Property Tax Rate1.8%

Median Home Value$411,100

About Collin County, Texas

Collin County in Texas has a median household income of $113,255 and a homeownership rate of 64.5%. Using the 4% rule, retirees in this county would need approximately $1,274,125 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 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.