Retirement Planning in Spotsylvania County, VA

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

Median Income

$105,068

Retirement Income (80%)

$84,054

Est. Nest Egg Needed

$1,182,000

Cost of Living Index

162

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$84,054
Est. Social Security$36,774

Annual Income Gap$47,280

Housing Costs

Median Rent$1,677/mo
Annual Housing$20,124
Property Tax Rate0.6%

Median Home Value$349,900

About Spotsylvania County, Virginia

Spotsylvania County in Virginia has a median household income of $105,068 and a homeownership rate of 78.9%. Using the 4% rule, retirees in this county would need approximately $1,182,000 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.