Retirement Planning in Newton County, TX

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

Median Income

$38,871

Retirement Income (80%)

$31,097

Est. Nest Egg Needed

$437,300

Cost of Living Index

60

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$31,097
Est. Social Security$13,605

Annual Income Gap$17,492

Housing Costs

Median Rent$876/mo
Annual Housing$10,512
Property Tax Rate1.0%

Median Home Value$90,100

About Newton County, Texas

Newton County in Texas has a median household income of $38,871 and a homeownership rate of 80.6%. Using the 4% rule, retirees in this county would need approximately $437,300 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.