Retirement Planning in Terry County, TX

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

Median Income

$42,694

Retirement Income (80%)

$34,155

Est. Nest Egg Needed

$480,300

Cost of Living Index

66

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$34,155
Est. Social Security$14,943

Annual Income Gap$19,212

Housing Costs

Median Rent$763/mo
Annual Housing$9,156
Property Tax Rate1.3%

Median Home Value$105,500

About Terry County, Texas

Terry County in Texas has a median household income of $42,694 and a homeownership rate of 65.8%. Using the 4% rule, retirees in this county would need approximately $480,300 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.