01 - Taxes
Retirement Tax Treatment
Massachusetts levies a state income tax, but Social Security benefits are fully exempt, a meaningful break for retirees drawing on those payments.
Source · Tax Foundation
8
Fact text
- Belmont was founded by people who wanted a completely dry, alcohol-free town, a dream that has since been thoroughly abandoned.
- The town's name traces back to a 200-acre private estate, and when that mansion nearly burned down, it was converted into a public library branch.
- A tiny one-room building in Belmont Center started life as a private school in the 1840s, then moonlighted as a railroad station, then a summer house, before finally retiring with the Historical Society.
- Belmont lost a chunk of its eastern territory in 1880 over a neighborhood slaughterhouse dispute, Cambridge basically said "not next to our drinking water" and annexed the land.
Your
Belmont
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.
26158
+
Total Population
$
140500
Median Income
$
902500
Median Home
17
%
Age 65+
Retirement Suitability
How
Belmont
ranks for retirees?
23
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
13
Healthcare
43
Climate
31
Results
Belmont
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
13
03 - Healthcare
Hospital Access & Quality
The area has
11
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
81
°F, winters dip to about
21
°F, with roughly
″ 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 High
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