Retirement Planning in Spokane County, WA

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

Median Income

$70,394

Retirement Income (80%)

$56,315

Est. Nest Egg Needed

$791,925

Cost of Living Index

108

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$56,315
Est. Social Security$24,638

Annual Income Gap$31,677

Housing Costs

Median Rent$1,123/mo
Annual Housing$13,476
Property Tax Rate0.9%

Median Home Value$331,600

About Spokane County, Washington

Spokane County in Washington has a median household income of $70,394 and a homeownership rate of 63.8%. Using the 4% rule, retirees in this county would need approximately $791,925 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.