Retirement Planning in Island County, WA

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

Median Income

$82,850

Retirement Income (80%)

$66,280

Est. Nest Egg Needed

$932,075

Cost of Living Index

127

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$66,280
Est. Social Security$28,997

Annual Income Gap$37,283

Housing Costs

Median Rent$1,517/mo
Annual Housing$18,204
Property Tax Rate0.7%

Median Home Value$480,800

About Island County, Washington

Island County in Washington has a median household income of $82,850 and a homeownership rate of 73.8%. Using the 4% rule, retirees in this county would need approximately $932,075 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 Washington

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.