01 - Taxes
Retirement Tax Treatment
Iowa does not tax Social Security benefits, which preserves a meaningful income stream for retirees even though a state income tax still applies to other sources.
Source · Tax Foundation
8
Fact text
- John Deere has manufactured agricultural equipment in Ankeny since 1947, when it took over a former WWII military ordnance plant.
- Back in 1881, the entire town of Ankeny consisted of just seven houses, and newspapers only arrived once a week, on the Friday train.
- Ankeny's growth has been so intense that nearly 80% of residents surveyed said the city was growing 'somewhat too fast' or 'much too fast.'
- The city has requested a special census every decade since the 1970s just to keep up with how fast people keep moving in.
Your
Ankeny
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
64,744
+
Total Population
$
89,484
Median Income
$
239,300
Median Home
10
%
Age 65+
Retirement Suitability
How
Ankeny
ranks for retirees?
27
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
86
Healthcare
6
Climate
9
Results
Ankeny
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
86
03 - Healthcare
Hospital Access & Quality
The area has
3
Medicare-certified hospitals, averaging a
2
/5 CMS quality rating.
Source · CMS Hospital Compare
2
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
85
°F, winters dip to about
14
°F, with roughly
28
″ of snow a year.
Source · NOAA Climate Normals
Cold / Snowy
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Relatively Moderate
Current Guaranteed Rates · Iowa
Compare current guaranteed rates
Showing rates for Iowa
Updated weekly
Company
Rating
Product
Rate
Term
Loading current rates…
See all Iowa rates →
Not sure which fits your situation?Get matched with a licensed advisor →
Keep Learning
Free retirement education from Annuities.net — no signup required.
Retirement Planning
Empower Your Retirement Planning: How to Evaluate Annuity Options
Learn how to evaluate annuity options, weigh the trade-offs, and build a secure retirement plan. Use independent education from Annuities.net to make informed decisions and plan for steady lifetime income.
Read more
Investing
Why Independent Annuity Guidance Makes a Difference for Your Nest Egg
Independent, unbiased annuity guidance helps protect your nest egg by offering clear, conflict-free information. Use the free educational resources at Annuities.net to make informed retirement planning decisions.
Read more
Retirement Planning
Unlock Your Retirement Potential: Why Independent Financial Advice Matters
Independent financial advice is crucial for unbiased, personalized retirement planning. Annuities.net offers free, transparent education and a match with a licensed advisor to help secure steady income and financial peace of mind.
Read more
Hosted by Michael McMillan, President of Annuities.net
More videos on our channel →Ready to Secure Your Retirement Future?
Join thousands of Americans who've taken control of their retirement planning with expert guidance and proven strategies.
More retirement guides in Iowa
Bettendorf Cedar Rapids Clive Johnston Marion Urbandale West Des Moines
Frequently Asked Questions
Does Iowa tax Social Security retirement income?
Iowa does not tax Social Security benefits, which helps retirees in Ankeny preserve that income stream. However, Iowa still applies a state income tax to other retirement income sources. Anyone with pensions or investment withdrawals should verify how those are treated under current Iowa tax law before making retirement income plans.
How good are the hospitals near Ankeny for retirees?
Three Medicare-certified hospitals serve the Ankeny area, but they average just 2.33 out of 5 CMS stars, which is below average on the federal quality scale. For residents who are still pre-retirees today, that quality gap is worth monitoring, since healthcare needs typically increase with age.
How affordable is housing in Ankeny compared to other retirement destinations?
The median home value in Ankeny is $239,300, which is relatively modest compared to many U.S. metros. That lower entry price can make it easier for pre-retirees to build equity before retirement. The community’s median household income of $89,484 suggests residents here generally have meaningful capacity to save alongside homeownership.
What is the winter weather like in Ankeny for someone thinking about retiring there?
Ankeny experiences genuinely cold winters, with average lows near 14°F and about 28 inches of annual snowfall. Summers are warmer, averaging around 84°F. Retirees who have mobility concerns or prefer milder year-round conditions should weigh this climate carefully. FEMA also rates the county’s overall natural-disaster risk as Relatively Moderate.
Can someone in Iowa use an annuity to create guaranteed retirement income?
Iowa exempts Social Security from state income tax, which helps Ankeny retirees stretch their income — but that benefit alone may not cover essential expenses like heating bills during winters that regularly drop to 14°F or healthcare costs at local hospitals rated below average by CMS. A multi-year guaranteed annuity locks in a fixed interest rate for a set term, converting savings into predictable income that never fluctuates with markets. Current rates change often, so check our current annuity rates page for today’s figures.