Retirement Planning in Grayson County, VA

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

Median Income

$43,348

Retirement Income (80%)

$34,678

Est. Nest Egg Needed

$487,650

Cost of Living Index

67

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$34,678
Est. Social Security$15,172

Annual Income Gap$19,506

Housing Costs

Median Rent$703/mo
Annual Housing$8,436
Property Tax Rate0.6%

Median Home Value$129,100

About Grayson County, Virginia

Grayson County in Virginia has a median household income of $43,348 and a homeownership rate of 80.8%. Using the 4% rule, retirees in this county would need approximately $487,650 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.

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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.