01 - Taxes
Retirement Tax Treatment
Florida levies no state income tax, meaning Social Security, pension, and retirement account withdrawals are all free from state-level taxation.
Source · Tax Foundation
79
6
Your
Beverly Hills
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.
9,484
+
Total Population
$
35,883
Median Income
$
90,500
Median Home
31
%
Age 65+
Retirement Suitability
How
Beverly Hills
ranks for retirees?
59
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
79
Affordability
86
Healthcare
5
Climate
83
Results
Beverly Hills
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
2
Medicare-certified hospitals, averaging a
2
/5 CMS quality rating.
Source · CMS Hospital Compare
2
04 - Climate
Weather & Comfort
A
Mild
climate — summers peak near
92
°F, winters dip to about
44
°F, with roughly
0
″ of snow a year.
Source · NOAA Climate Normals
Mild
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 Florida tax my Social Security or pension if I retire in Beverly Hills?
Florida has no state income tax, so Social Security benefits, pension payments, and retirement account withdrawals face zero state-level taxation. For retirees in Beverly Hills, where median household income is around $35,883, keeping more of every dollar matters. This tax treatment applies statewide and is one of Florida’s most cited advantages for people living on fixed retirement income.
What are the hospitals like near Beverly Hills, FL for a Medicare-covered retiree?
Two Medicare-certified hospitals serve the Beverly Hills area, but they average just 2.0 out of 5 CMS quality stars. That rating suggests limited access to top-tier clinical care locally. Retirees who anticipate complex medical needs may want to research how far higher-rated facilities are and factor travel distance into their overall retirement planning.
How affordable is housing in Beverly Hills, FL for someone on a fixed income?
The median home value in Beverly Hills is $90,500, which is well below national norms and can make homeownership more accessible on a modest retirement budget. With a median household income of roughly $35,883, many residents appear to manage housing costs on limited income. Lower home prices can also reduce property insurance and maintenance expenses in retirement.
What natural disaster risks should retirees consider before moving to Beverly Hills, FL?
FEMA rates this county’s overall natural-disaster risk as Relatively High on its National Risk Index. While Beverly Hills enjoys mild winters with lows around 44°F and no snowfall, the elevated disaster risk is worth factoring into decisions about homeowners insurance, emergency preparedness, and whether a guaranteed income stream could help cover unexpected recovery costs.
Can I lock in a guaranteed interest rate on an annuity if I retire in Beverly Hills, FL?
With nearly a third of Beverly Hills residents aged 65 or older and a median household income under $36,000, predictable income matters enormously here. A multi-year guaranteed annuity, or MYGA, lets you deposit a lump sum and lock in a fixed interest rate for a set term — often two to ten years — so your growth is contractually defined, not market-dependent. Florida’s no state income tax treatment of retirement income adds further appeal. Current rates change often, so check our current annuity rates page for today’s figures.