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Retirement Planning in Tooele County, UT

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

Median Income

$95,545

Retirement Income (80%)

$76,436

Est. Nest Egg Needed

$1,074,875

Cost of Living Index

147

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$76,436
Est. Social Security$33,441
Annual Income Gap$42,995

Housing Costs

Median Rent$1,079/mo
Annual Housing$12,948
Property Tax Rate0.6%
Median Home Value$343,900

About Tooele County, Utah

Tooele County in Utah has a median household income of $95,545 and a homeownership rate of 82.1%. Using the 4% rule, retirees in this county would need approximately $1,074,875 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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  • Morivexlife insurance, term, whole
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Property and place

Health and care costs

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.