Fact text

  • The oatmeal mill that became the Quaker Oats Company, and the largest cereal mill in the world, was built in Cedar Rapids back in 1873.
  • Cedar Rapids' first settler was a reputed ne'er-do-well who, if he wasn't a horse thief himself, 'definitely consorted with them.'
  • City Hall was placed on a river island as 'neutral territory' to ease tensions between feuding east- and west-siders, a rivalry apparently serious enough to require geographic diplomacy.
  • The Sinclair meatpacking company, founded here in 1871, became one of the largest factories of its kind in the country within just a few years.
Your
Cedar Rapids
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.
Stat icon
133125
+
Total Population
Stat icon
$
60787
Median Income
Stat icon
$
144500
Median Home
Stat icon
16
%
Age 65+
Retirement Suitability
How
Cedar Rapids
ranks for retirees?
52
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
95
Healthcare
82
Climate
10

Results

Cedar Rapids

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

Iowa does not tax Social Security benefits, which preserves a key income stream for retirees even though the state does levy income tax on other retirement income.

State sales tax here runs about

%.

Source · Tax Foundation
8
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
95

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
95
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
82

The area has

2

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

Source · CMS Hospital Compare
4
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
10

A

Cold / Snowy

climate — summers peak near

82

°F, winters dip to about

14

°F, with roughly

27

″ of snow a year.

Source · NOAA Climate Normals
Cold / Snowy
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively Moderate

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Relatively Moderate

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