01 - Taxes
Retirement Tax Treatment
Massachusetts levies a state income tax, but Social Security benefits are fully exempt, a meaningful break for retirees relying on those payments.
Source · Tax Foundation
8
Fact text
- The Kevin James comedy *Paul Blart: Mall Cop* was filmed right inside the Burlington Mall.
- Burlington's name is believed to come from the English town of Bridlington, Yorkshire, but that has never actually been confirmed.
- In just one five-year stretch after Route 128 was built, Burlington's population literally tripled.
- A secret island inside Mill Pond features a rope swing that locals have turned into a beloved hidden attraction.
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.
28,077
+
Total Population
$
121,433
Median Income
$
588,600
Median Home
22
%
Age 65+
Retirement Suitability
How
Burlington
ranks for retirees?
23
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
27
Healthcare
43
Climate
8
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
27
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
Cold / Snowy
climate — summers peak near
80
°F, winters dip to about
20
°F, with roughly
58
″ 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 High
Current Guaranteed Rates · Massachusetts
Compare current guaranteed rates
Showing rates for Massachusetts
Updated weekly
Company
Rating
Product
Rate
Term
Loading current rates…
See current annuity rates in Massachusetts →
Not sure which fits your situation?Get matched with a licensed advisor →
Keep Learning
Free retirement education from Annuities.net — no signup required.
Retirement Planning
Empower Your Retirement Planning: How to Evaluate Annuity Options
Learn how to evaluate annuity options, weigh the trade-offs, and build a secure retirement plan. Use independent education from Annuities.net to make informed decisions and plan for steady lifetime income.
Read more
Investing
Why Independent Annuity Guidance Makes a Difference for Your Nest Egg
Independent, unbiased annuity guidance helps protect your nest egg by offering clear, conflict-free information. Use the free educational resources at Annuities.net to make informed retirement planning decisions.
Read more
Retirement Planning
Unlock Your Retirement Potential: Why Independent Financial Advice Matters
Independent financial advice is crucial for unbiased, personalized retirement planning. Annuities.net offers free, transparent education and a match with a licensed advisor to help secure steady income and financial peace of mind.
Read more
Hosted by Michael McMillan, President of Annuities.net
More videos on our channel →Ready to Secure Your Retirement Future?
Join thousands of Americans who've taken control of their retirement planning with expert guidance and proven strategies.
More retirement guides in Massachusetts
Cambridge Danvers Dedham Framingham Franklin Town Gloucester Lexington Longmeadow Marblehead Medford
Frequently Asked Questions
Does Massachusetts tax Social Security income for retirees in Burlington?
Massachusetts does not tax Social Security benefits, which is a meaningful advantage for Burlington retirees who rely on those payments. Given that household incomes here run high, many residents also have other retirement income sources, so understanding how the state treats each income type separately is an important part of retirement planning.
How many hospitals are near Burlington, MA, and how good are they?
Burlington retirees have access to 11 Medicare-certified hospitals in the area. However, those facilities average 3.2 out of 5 stars on CMS quality ratings, which falls below the national benchmark. That gap is worth researching when evaluating healthcare options, especially for the roughly 22 percent of Burlington residents who are 65 or older.
Is the cost of housing in Burlington, MA, high compared to typical retirement destinations?
Burlington’s median home value is $588,600, which reflects a relatively expensive housing market. For retirees, that figure matters both as a potential asset and as a cost consideration if downsizing or relocating. The area’s high median household income of $121,433 suggests many residents have the resources to manage these costs, but planning ahead remains important.
What is the weather like in Burlington, MA, for retirees thinking about year-round living?
Burlington has a cold, snowy climate. Winter lows average around 20°F and the area receives roughly 58 inches of snow annually, which can affect mobility and daily life for older adults. Summers are milder, with average highs near 80°F. FEMA also rates the county’s overall natural-disaster risk as Relatively High, worth factoring into long-term planning.
Can Burlington, MA, retirees use a fixed annuity to generate guaranteed income?
Burlington’s 22 percent senior population reflects a community where retirement income planning is taken seriously. A multi-year guaranteed annuity locks in a fixed interest rate for a set term, converting a lump sum into predictable growth. That certainty can help cover non-negotiable expenses, particularly given the area’s relatively high natural-disaster risk and demanding winters. Massachusetts exempts Social Security from state income tax, so a fixed annuity can complement those benefits without displacing that exemption. Current rates change often, so check our current annuity rates page for today’s figures.