Retirement Planning in Manassas Park city, VA

What does it take to retire comfortably in Manassas Park city? Here are the numbers.

Median Income

$91,673

Retirement Income (80%)

$73,338

Est. Nest Egg Needed

$1,031,300

Cost of Living Index

141

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$73,338
Est. Social Security$32,086

Annual Income Gap$41,252

Housing Costs

Median Rent$2,073/mo
Annual Housing$24,876
Property Tax Rate1.2%

Median Home Value$370,700

About Manassas Park city, Virginia

Manassas Park city in Virginia has a median household income of $91,673 and a homeownership rate of 63.4%. Using the 4% rule, retirees in this county would need approximately $1,031,300 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.