Retirement Planning in Jefferson County, WV

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

Median Income

$93,744

Retirement Income (80%)

$74,995

Est. Nest Egg Needed

$1,054,625

Cost of Living Index

144

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$74,995
Est. Social Security$32,810

Annual Income Gap$42,185

Housing Costs

Median Rent$1,073/mo
Annual Housing$12,876
Property Tax Rate0.6%

Median Home Value$303,400

About Jefferson County, West Virginia

Jefferson County in West Virginia has a median household income of $93,744 and a homeownership rate of 79.6%. Using the 4% rule, retirees in this county would need approximately $1,054,625 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 West 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.