01 - Taxes
Retirement Tax Treatment
Washington levies no state income tax, meaning Social Security, pension, and retirement account withdrawals are all state-tax-free.
Source · Tax Foundation
79
Fact text
- Federal Way officially became a city at a bowling alley, the incorporation ceremony was held at Sportsworld Lanes in 1990.
- The city got its name from a school district formed in 1929, which itself was named after a highway, so a road accidentally named an entire city.
- Weyerhaeuser once ran a Bonsai museum right next to its corporate headquarters, because why not pair timber empire with tiny trees.
- An early local shopping mall had a miniature amusement park AND reproductions of historic European buildings, making it the weirdest strip mall in Washington history.
Your
Federal Way
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.
96812
+
Total Population
$
68672
Median Income
$
359000
Median Home
14
%
Age 65+
Retirement Suitability
How
Federal Way
ranks for retirees?
56
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
79
Affordability
23
Healthcare
60
Climate
54
Results
Federal Way
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
23
03 - Healthcare
Hospital Access & Quality
The area has
16
Medicare-certified hospitals, averaging a
4
/5 CMS quality rating.
Source · CMS Hospital Compare
4
04 - Climate
Weather & Comfort
A
Temperate
climate — summers peak near
75
°F, winters dip to about
37
°F, with roughly
″ 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
Very High
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