Retirement Planning in Appomattox County, VA

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

Median Income

$60,041

Retirement Income (80%)

$48,033

Est. Nest Egg Needed

$675,475

Cost of Living Index

92

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$48,033
Est. Social Security$21,014

Annual Income Gap$27,019

Housing Costs

Median Rent$861/mo
Annual Housing$10,332
Property Tax Rate0.6%

Median Home Value$178,000

About Appomattox County, Virginia

Appomattox County in Virginia has a median household income of $60,041 and a homeownership rate of 77.8%. Using the 4% rule, retirees in this county would need approximately $675,475 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 Virginia

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.