01 - Taxes
Retirement Tax Treatment
California taxes retirement income but leaves Social Security benefits untouched, and carries a base state sales tax of 7.25%.
Source · Tax Foundation
8
7
Fact text
- The city's name literally means 'squashes' in Spanish, because wild squash plants apparently grew absolutely everywhere there.
- The Leonis Adobe in Old Town Calabasas dates to 1844, making it one of the oldest existing buildings in all of greater Los Angeles.
- Calabasas is home to The Cheesecake Factory's corporate headquarters, so yes, someone has to dream up all those menu pages professionally.
- Harbor Freight Tools also calls Calabasas home, meaning two very different types of weekend warriors share the same corporate zip code.
- One of Calabasas's oldest neighborhoods is a former artists' colony nicknamed the 'Bird Streets,' where roads have names like Bluebird, Hummingbird, and Meadow Lark.
Your
Calabasas
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.
23,842
+
Total Population
$
136,138
Median Income
$
1,127,500
Median Home
16
%
Age 65+
Retirement Suitability
How
Calabasas
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
4
Healthcare
36
Climate
60
Results
Calabasas
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
4
03 - Healthcare
Hospital Access & Quality
The area has
72
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Mild
climate — summers peak near
93
°F, winters dip to about
41
°F, with roughly
″ of snow a year.
Source · NOAA Climate Normals
Mild
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
Very High
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Frequently Asked Questions
Does California tax Social Security or pension income for retirees in Calabasas?
California does not tax Social Security benefits, which can meaningfully preserve income for Calabasas retirees. Pension income treatment should be verified with a tax professional, as rules can vary. The state base sales tax is 7.25%, so everyday spending costs are worth factoring into a retirement budget alongside income tax considerations.
How good are the hospitals near Calabasas for Medicare patients?
The Calabasas area is served by 72 Medicare-certified hospitals, giving retirees a wide range of options. However, those facilities average 3.01 out of 5 CMS quality stars, meaning quality varies noticeably from one hospital to another. Researching individual hospital ratings before choosing providers is a practical step for anyone planning retirement healthcare here.
Is housing expensive for retirees looking to settle in Calabasas?
What natural disaster risks should Calabasas retirees be aware of?
Can retirees in California use a fixed annuity to lock in a guaranteed interest rate?
With median home values topping $1.1 million in Calabasas, many retirees here hold substantial wealth but still need predictable income to cover everyday costs. A multi-year guaranteed annuity, or MYGA, lets you deposit a lump sum and lock in a fixed interest rate for a set term — typically two to ten years — so your growth is contractually defined regardless of market swings. California taxes that interest as ordinary income, though Social Security remains untouched. Current rates change often, so check our current annuity rates page for today’s figures.