01 - Taxes
Retirement Tax Treatment
North Carolina taxes income but leaves Social Security benefits untouched, which is a meaningful break for retirees drawing from those benefits.
Source · Tax Foundation
8
Fact text
- The iconic 'Bull Durham' tobacco brand got its bull logo by accident, the founder copied it from British Colman's Mustard, wrongly thinking it was made in Durham, England.
- After the Civil War, soldiers who'd passed through Durham kept mailing letters back requesting more of the local Brightleaf tobacco they'd sampled, basically the 19th century version of a viral product review.
- Downtown residents originally refused to sell land for a railroad depot, dismissing it as 'new-fangled nonsense', so the city only exists because a doctor donated a spare four acres.
- Duke University's campus is home to a stunning neo-Gothic chapel, a fine art museum, and a football stadium, basically a small city unto itself.
- Durham's official birthday is April 26, 1853, the day its first U.S. post office opened, which is a wonderfully bureaucratic way to mark the start of a city.
Your
Durham
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.
276341
+
Total Population
$
61962
Median Income
$
243000
Median Home
12
%
Age 65+
Retirement Suitability
How
Durham
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
46
Healthcare
99
Climate
56
Results
Durham
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
46
03 - Healthcare
Hospital Access & Quality
The area has
3
Medicare-certified hospitals, averaging a
5
/5 CMS quality rating.
Source · CMS Hospital Compare
5
04 - Climate
Weather & Comfort
A
Temperate
climate — summers peak near
86
°F, winters dip to about
29
°F, with roughly
2
″ of snow a year.
Source · NOAA Climate Normals
Temperate
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 Moderate
Current Guaranteed Rates · North Carolina
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