01 - Taxes
Retirement Tax Treatment
New York does not tax Social Security benefits, though retirees with other income sources will still owe state income tax.
Source · Tax Foundation
8
4
Fact text
- Tatyana Ali, aka Ashley Banks from *The Fresh Prince of Bel-Air*, went to school right here in Bellmore before heading off to Harvard.
- Legendary comedian Lenny Bruce once called Bellmore home, proof the town has always had a sense of humor.
- Bellmore is home base for the Mathematical Olympiads for Elementary and Middle Schools, one of the most prestigious math competitions in the entire country.
- The railroad just made up the name 'Bellmore' in 1867, the town didn't officially adopt it until the post office opened in 1900.
Your
Bellmore
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.
15,887
+
Total Population
$
139,988
Median Income
$
527,800
Median Home
16
%
Age 65+
Retirement Suitability
How
Bellmore
ranks for retirees?
45
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
50
Healthcare
74
Climate
53
Results
Bellmore
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
5
% on 5-year terms, with most landing between
4
% and
5
%.
Source · Cannex
50
03 - Healthcare
Hospital Access & Quality
The area has
9
Medicare-certified hospitals, averaging a
4
/5 CMS quality rating.
Source · CMS Hospital Compare
4
04 - Climate
Weather & Comfort
A
Temperate
climate — summers peak near
80
°F, winters dip to about
28
°F, with roughly
″ of snow a year.
Source · NOAA Climate Normals
Temperate
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 High
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Frequently Asked Questions
Does New York tax Social Security benefits for retirees in Bellmore?
New York does not tax Social Security benefits, which can help retirees in Bellmore preserve more of that income. However, if you have other income sources such as wages, investment income, or certain retirement distributions, you will still owe New York state income tax on those amounts. It is worth reviewing your full income picture with a tax professional.
How good are the hospitals near Bellmore for someone on Medicare?
Nine Medicare-certified hospitals serve the Bellmore area, and they average 3.89 out of 5 stars on CMS quality ratings. That is a solid average across a meaningful number of facilities, giving retirees reasonable access to rated hospital care. Quality ratings can change over time, so checking the CMS Care Compare tool periodically is a practical habit.
Is housing expensive in Bellmore compared to typical retirement destinations?
The median home value in Bellmore is $527,800, which is well above national averages. With a median household income of $139,988, the community is financially established, but housing costs represent a significant expense to factor into any retirement budget. Retirees on fixed incomes should carefully weigh ongoing property costs in this Long Island community.
What natural disaster risks should Bellmore retirees know about?
FEMA rates this county’s overall natural-disaster risk as Relatively High on its National Risk Index. For retirees building long-term financial plans, that classification is worth considering when evaluating insurance coverage, emergency savings, and the durability of fixed income streams. A guaranteed income source can provide stability if property or living costs rise after a disaster event.
Can a fixed annuity help Bellmore retirees create predictable income?
With median home values topping $527,800 and a FEMA-rated relatively high natural-disaster risk on Long Island, Bellmore retirees face real cost unpredictability in retirement. A multi-year guaranteed annuity locks in a fixed interest rate for a set term, so a portion of savings grows at a known pace regardless of market swings. That predictability can help cover essential expenses with confidence. New York does not tax Social Security, but other retirement income remains taxable, making guaranteed growth worth understanding. Current rates change often, so check our current annuity rates page for today’s figures.