Retirement Planning in Wood County, TX
What does it take to retire comfortably in Wood County? Here are the numbers.
Median Income
$61,748
Retirement Income (80%)
$49,398
Est. Nest Egg Needed
$694,650
Cost of Living Index
95
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Wood County, Texas
Wood County in Texas has a median household income of $61,748 and a homeownership rate of 80.5%. Using the 4% rule, retirees in this county would need approximately $694,650 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.
Plan Your Retirement in Wood County
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