Retirement Planning in Orange County, VA

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

Median Income

$87,309

Retirement Income (80%)

$69,847

Est. Nest Egg Needed

$982,225

Cost of Living Index

134

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$69,847
Est. Social Security$30,558

Annual Income Gap$39,289

Housing Costs

Median Rent$1,085/mo
Annual Housing$13,020
Property Tax Rate0.6%

Median Home Value$316,000

About Orange County, Virginia

Orange County in Virginia has a median household income of $87,309 and a homeownership rate of 78.3%. Using the 4% rule, retirees in this county would need approximately $982,225 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.