Retirement Planning in Preston County, WV

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

Median Income

$60,136

Retirement Income (80%)

$48,109

Est. Nest Egg Needed

$676,525

Cost of Living Index

93

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$48,109
Est. Social Security$21,048

Annual Income Gap$27,061

Housing Costs

Median Rent$738/mo
Annual Housing$8,856
Property Tax Rate0.5%

Median Home Value$147,400

About Preston County, West Virginia

Preston County in West Virginia has a median household income of $60,136 and a homeownership rate of 80.7%. Using the 4% rule, retirees in this county would need approximately $676,525 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.

Plan Your Retirement in Preston County

Enter your income, savings, and goals to get a personalized retirement projection with Monte Carlo simulation, Roth conversion analysis, and withdrawal strategy optimization.

Start Free Analysis

Other Counties in West Virginia

This County Across Smart Technology Investments

Money and planning

  • Vontarirelocation, cost of living, salary
  • Morivexlife insurance, term, whole
  • Venatribusiness, startup, launch cost

Property and place

Health and care costs

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.