How Much Do Retirees Get From Social Security In Each State?

Published on 11/12/2019
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Oregon

Oregon has 4 million people and many of the retirees who move to this state prefer settling in Gold Beach. There is a wide range of outdoor activities that senior citizens can do, but the rainy season in September can be problematic for some. At 2.6% below the national average, healthcare costs are pretty good. Social Security is tax-exempt, but most of the retirement income is not. In fact, the state income tax is 9.9%, which is one of the highest in the country.

Oregon

Oregon

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Maryland

The state of Maryland has just over 6 million people, and most of its retiree population prefers living in Chevy Chase Village. For senior citizens, the average household income is $70,874, which is the second highest in the U.S. There are tons of things to do in Maryland including parks and museums. Individuals get paid more, compared to many places across the country, but just remember that they also get taxed heavily. While Social Security is tax-free, individual retirement account distributions are not, additionally there is also an estate and inheritance tax.

Maryland

Maryland

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