Free retirement calculator tailored for North Dakota (ND). Calculate instantly with state-specific rates and rules.
North Dakota's very low income tax rates (top rate 2.9%) partially offset the Social Security taxation issue. The low cost of living and low property taxes help retirees stretch their savings. The harsh winters are the primary lifestyle challenge.
| Data Point | Value |
|---|---|
| Average Retirement Savings (55-64 age group) | $108,000 |
| Median Household Income | $65,315 |
| North Dakota Tax on Retirement Income | North Dakota taxes Social Security as income, following federal rules. |
North Dakota taxes Social Security as income, following federal rules. North Dakota income tax rates are very low, ranging from 1.1% to 2.9% (among the lowest in the country for states that have income tax).
The average North Dakota household nearing retirement (ages 55-64) has approximately $108,000 in retirement savings. Financial planners commonly recommend having 10-12x your final salary saved by retirement age. For the median North Dakota income of $65,315, that suggests a target of roughly $653,150 to $783,780.
Use CalcuWealth's retirement calculator to model your specific situation — including your expected Social Security, any North Dakota pension, and your investment portfolio — to find your personal retirement number.
Data: US Census Bureau ACS 2023, Zillow (2024), Vanguard How America Saves (2023), NCES. Updated 2024–2025. Figures reflect state averages — consult a licensed financial advisor for personalized guidance.
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