Retirement Planning in Rockingham County, VA

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

Median Income

$73,232

Retirement Income (80%)

$58,586

Est. Nest Egg Needed

$823,875

Cost of Living Index

113

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$58,586
Est. Social Security$25,631

Annual Income Gap$32,955

Housing Costs

Median Rent$1,078/mo
Annual Housing$12,936
Property Tax Rate0.5%

Median Home Value$266,900

About Rockingham County, Virginia

Rockingham County in Virginia has a median household income of $73,232 and a homeownership rate of 75.2%. Using the 4% rule, retirees in this county would need approximately $823,875 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.