Retirement Planning in Essex County, VA
What does it take to retire comfortably in Essex County? Here are the numbers.
Median Income
$52,335
Retirement Income (80%)
$41,868
Est. Nest Egg Needed
$588,775
Cost of Living Index
81
Retirement Income Analysis
Income Needs (Annual)
Housing Costs
About Essex County, Virginia
Essex County in Virginia has a median household income of $52,335 and a homeownership rate of 65.4%. Using the 4% rule, retirees in this county would need approximately $588,775 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 Essex County
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