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Retirement Planning in Hot Springs County, WY

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

Median Income

$64,031

Retirement Income (80%)

$51,225

Est. Nest Egg Needed

$720,350

Cost of Living Index

99

Retirement Income Analysis

Income Needs (Annual)

Target Income (80% rule)$51,225
Est. Social Security$22,411
Annual Income Gap$28,814

Housing Costs

Median Rent$824/mo
Annual Housing$9,888
Property Tax Rate0.6%
Median Home Value$191,200

About Hot Springs County, Wyoming

Hot Springs County in Wyoming has a median household income of $64,031 and a homeownership rate of 71.4%. Using the 4% rule, retirees in this county would need approximately $720,350 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 Wyoming

Laramie CountyNatrona CountyCampbell CountySweetwater CountyFremont CountyAlbany CountySheridan CountyPark County

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.