Retirement Planning in Gregg County, TX

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

Median Income

$63,811

Retirement Income (80%)

$51,049

Est. Nest Egg Needed

$717,875

Cost of Living Index

98

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$51,049
Est. Social Security$22,334

Annual Income Gap$28,715

Housing Costs

Median Rent$1,008/mo
Annual Housing$12,096
Property Tax Rate1.3%

Median Home Value$171,900

About Gregg County, Texas

Gregg County in Texas has a median household income of $63,811 and a homeownership rate of 59.5%. Using the 4% rule, retirees in this county would need approximately $717,875 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.