01 - Taxes
Retirement Tax Treatment
Michigan does not tax Social Security benefits, though a state income tax does apply to other retirement income.
Source · Tax Foundation
8
Fact text
- Birmingham was named after Birmingham, England by a founder who dreamed it would become a great industrial center, it became a charming upscale suburb instead.
- An early government surveyor once declared the Birmingham area so swampy that not one acre in a thousand would ever be fit for farming, oops.
- The city's founders competed so fiercely running rival hotels and taverns that the settlement had three different names at once: 'Hamilton's,' 'Hunter's,' and 'Willits'.'
- Before it was Birmingham, locals called the settlement 'Piety Hill', which sounds like either a compliment or a warning.
Your
Birmingham
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.
21272
+
Total Population
$
126601
Median Income
$
538900
Median Home
16
%
Age 65+
Retirement Suitability
How
Birmingham
ranks for retirees?
31
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
38
Healthcare
29
Climate
68
Results
Birmingham
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
38
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
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