01 - Taxes
Retirement Tax Treatment
Illinois does not tax Social Security benefits, which helps retirees keep more of their income despite the state's flat income tax.
Source · Tax Foundation
8
Fact text
- Burr Ridge was once called 'Harvester', named in honor of International Harvester, which tested the world's first all-purpose tractor right here on a 414-acre experimental farm.
- The town's name literally comes from a grove of bur oak trees, making it one of the more leafy origin stories in Illinois.
- Bo Jackson, one of the only athletes ever to be an All-Star in both baseball AND football, called Burr Ridge home.
- Jim Peterik of Burr Ridge co-wrote 'Eye of the Tiger', so every workout playlist owes this village a small debt of gratitude.
- Jennifer Hudson, Grammy and Oscar winner, is among Burr Ridge's famous former residents, not bad for a village of about 11,000.
Your
Burr Ridge
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.
10761
+
Total Population
$
151900
Median Income
$
689000
Median Home
30
%
Age 65+
Retirement Suitability
How
Burr Ridge
ranks for retirees?
35
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
33
Healthcare
50
Climate
59
Results
Burr Ridge
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
33
03 - Healthcare
Hospital Access & Quality
The area has
Medicare-certified hospitals, averaging a
/5 CMS quality rating.
Source · CMS Hospital Compare
04 - Climate
Weather & Comfort
A
climate — summers peak near
°F, winters dip to about
°F, with roughly
29
″ 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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