📈 Investment & Retirement Calculators North Carolina

North Carolina Retirement Calculator

Plan your retirement in North Carolina. Factor in lower cost of living and state income tax. Free calculator.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

North Carolina Quick Facts

4.5% Income Tax Rate

0.84% Property Tax Rate

$60,516 Median Income

95.1 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Retirement planning for North Carolina. North Carolina has a flat 4.5% state income tax on retirement income. Cost of living index: 95.1 (100 = national avg). Desired income is pre-filled based on 80% of North Carolina's median household income, adjusted for local costs. Uses compound growth with 4% safe withdrawal rate.

Key State Information

Retiring in North Carolina: North Carolina has a flat 4.5% state income tax on retirement income. Cost of living: 95.1/100. Property tax: 0.84%. Median home: $315,000. Average home insurance: $2,180/yr.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Tax Foundation, SSA

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

Is North Carolina a good state to retire in?

North Carolina's state income tax of up to 4.5% may reduce retirement income significantly. Cost of living is near the national average. Median home price: $315,000.

How much do I need to retire in North Carolina?

Using the 4% rule, to generate $4,034/month (80% of North Carolina median income) you'd need approximately $1,210,320 saved. Adjust up or down based on your lifestyle and housing costs.