01 - Taxes
Retirement Tax Treatment
New York exempts Social Security benefits from state income tax, though retirees with other income streams will still owe state tax.
Source · Tax Foundation
8
4
Fact text
- The lunar module that landed astronauts on the Moon was built right here in Bethpage, and the town even gets a shoutout in the 1995 film *Apollo 13*.
- Bethpage used to be called 'Central Park', yes, really, until it finally switched to its current name in 1936.
- Grumman's F6F Hellcat fighter, built in Bethpage, shot down more enemy aircraft than any other naval plane in history, over 5,200.
- The Amazing Spider-Man 2 *and* The Avengers were both filmed at studios right here in little Bethpage, NY.
- Bethpage's hometown credit union grew into the largest credit union in all of New York State, with nearly $13 billion in assets.
Your
Bethpage
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.
18,012
+
Total Population
$
115,413
Median Income
$
497,400
Median Home
22
%
Age 65+
Retirement Suitability
How
Bethpage
ranks for retirees?
40
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
37
Healthcare
74
Climate
42
Results
Bethpage
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
37
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
26
°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 Bethpage?
New York does not tax Social Security benefits at the state level, which can help retirees in Bethpage stretch their income further. However, if you have other income sources such as wages, rental income, or investment distributions, those are still subject to New York state income tax, so overall tax planning remains important.
How much does a home typically cost in Bethpage, NY?
The median home value in Bethpage is $497,400, which reflects a higher-cost housing market compared to many parts of the country. With a median household income of $115,413, residents tend to have relatively strong earning power, but retirees on fixed incomes should carefully weigh housing costs when planning long-term budgets.
What is the healthcare situation like for retirees living in Bethpage?
Nine Medicare-certified hospitals serve the Bethpage area, averaging a 3.89 out of 5 CMS quality rating, which sits slightly above the national midpoint. That level of hospital access and quality can be meaningful for the roughly 22 percent of Bethpage residents who are 65 or older and may rely on Medicare-covered care.
What natural disaster risks should Bethpage retirees be aware of?
How can a fixed annuity help a Bethpage retiree create guaranteed income?
With more than one in five Bethpage residents aged 65 or older and home values near $497,400, many local retirees hold significant assets but still face unpredictable expenses — especially given the area’s relatively high natural-disaster risk flagged by FEMA. A multi-year guaranteed annuity locks in a fixed interest rate for a set term, converting a lump sum into predictable growth. That certainty helps cover essential costs without depending on market swings. Current rates change often, so check our current annuity rates page for today’s figures.