Fact text

  • Danbury is nicknamed 'Hat City' because it was once the entire center of America's hat-making industry in the 1800s and early 1900s.
  • A mineral discovered in Danbury is literally named 'danburite' after the city, not every town gets its own element on the minerals list.
  • The Danbury Fair ran for 160 years before the fairgrounds were paved over to build a mall, the Danbury Fair Mall, cheekily keeping the name alive.
  • Candlewood Lake, Connecticut's largest lake, was entirely man-made in 1928 as a hydroelectric power facility, so the state's biggest lake is basically a giant battery.
Your
Danbury
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
84650
+
Total Population
Stat icon
$
73204
Median Income
Stat icon
$
311200
Median Home
Stat icon
15
%
Age 65+
Retirement Suitability
How
Danbury
ranks for retirees?
40
/ 100

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

Tax
0
Affordability
38
Healthcare
91
Climate
21

Results

Danbury

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
0

Connecticut exempts most middle-income retirees from Social Security taxes, applying them only above certain income thresholds.

State sales tax here runs about

%.

Source · Tax Foundation
0
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
38

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
38
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
91

The area has

6

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

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

Weather & Comfort

Climate
21

A

Cold / Snowy

climate — summers peak near

80

°F, winters dip to about

20

°F, with roughly

″ of snow a year.

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

Natural Disaster Risk

Risk

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

Source · FEMA National Risk Index

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