01 - Taxes
Retirement Tax Treatment
Michigan does not tax Social Security benefits, giving retirees a meaningful break on one of their largest income sources.
Source · Tax Foundation
8
Fact text
- Singer-songwriter Mike Posner, known for 'I Took a Pill in Ibiza,' grew up right here in Beverly Hills, Michigan, not California.
- Despite sharing a name with one of the glitziest zip codes in America, this Beverly Hills is a modest Detroit suburb of just four square miles.
- The village was originally named Westwood when incorporated in 1958, then apparently decided that name just wasn't glamorous enough and rebranded to Beverly Hills a year later.
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.
10378
+
Total Population
$
129196
Median Income
$
394500
Median Home
24
%
Age 65+
Retirement Suitability
How
Beverly Hills
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
74
Healthcare
29
Climate
68
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
74
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
climate — summers peak near
°F, winters dip to about
°F, with roughly
″ of snow a year.
Source · NOAA Climate Normals
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
Current Guaranteed Rates · Michigan
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