01 - Taxes
Retirement Tax Treatment
Iowa does not tax Social Security benefits, which preserves a key income source for most retirees.
Source · Tax Foundation
8
Your
Burlington
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.
24,858
+
Total Population
$
46,707
Median Income
$
94,000
Median Home
21
%
Age 65+
Retirement Suitability
How
Burlington
ranks for retirees?
55
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
98
Healthcare
81
Climate
27
Results
Burlington
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
98
03 - Healthcare
Hospital Access & Quality
The area has
1
Medicare-certified hospitals, averaging a
4
/5 CMS quality rating.
Source · CMS Hospital Compare
4
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
83
°F, winters dip to about
18
°F, with roughly
22
″ 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 Low
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Frequently Asked Questions
Does Iowa tax Social Security income for retirees in Burlington?
Iowa does not tax Social Security benefits, which means Burlington retirees keep more of that monthly income intact. For a community where the median household income is around $46,707, preserving Social Security dollars can make a meaningful difference in covering everyday expenses throughout retirement.
What hospital options are available for Medicare patients in Burlington, Iowa?
Burlington is served by one Medicare-certified hospital, and it carries a 4.0-out-of-5-star CMS quality rating. That rating reflects a solid standard of care for a city of roughly 24,858 residents. Retirees should confirm that their specific Medicare plan covers services at this facility before relocating.
How affordable is housing in Burlington, Iowa for someone on a fixed retirement income?
The median home value in Burlington is $94,000, which is notably low compared to national averages. For retirees managing a fixed income, lower home prices can reduce mortgage burdens or free up equity. This relatively modest cost of housing may help stretch retirement savings further in day-to-day budgeting.
How harsh are Burlington winters, and what should retirees know about natural disaster risk there?
Burlington winters are cold, with average lows near 18°F and roughly 22 inches of annual snowfall, so cold-weather preparedness is a real consideration for older adults. On the broader risk side, FEMA rates the county’s overall natural-disaster risk as Relatively Low, which can be a reassuring factor for long-term retirement planning.
How can Burlington retirees get predictable income to cover essential expenses?
Burlington’s median household income of $46,707 sits close to fixed essential expenses for many retirees, making predictable income especially valuable. A multi-year guaranteed annuity, or MYGA, locks in a set interest rate for a chosen term, so you know exactly what your money earns each year. That certainty can help cover utilities, healthcare, and winter heating costs without guessing. Iowa also skips taxes on Social Security, stretching every guaranteed dollar further. Current rates change often, so check our current annuity rates page for today’s figures.