Retirement Planning in Taylor County, TX

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

Median Income

$61,806

Retirement Income (80%)

$49,445

Est. Nest Egg Needed

$695,325

Cost of Living Index

95

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$49,445
Est. Social Security$21,632

Annual Income Gap$27,813

Housing Costs

Median Rent$1,063/mo
Annual Housing$12,756
Property Tax Rate1.5%

Median Home Value$169,800

About Taylor County, Texas

Taylor County in Texas has a median household income of $61,806 and a homeownership rate of 58.7%. Using the 4% rule, retirees in this county would need approximately $695,325 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.