01 - Taxes
Retirement Tax Treatment
California does not tax Social Security benefits, but retirees should plan for the state's income tax on other retirement income and a base sales tax rate of 7.25%.
Source · Tax Foundation
8
7
Fact text
- Johnny Cash made Folsom world-famous with his song 'Folsom Prison Blues,' giving this Sacramento suburb a surprisingly outlaw reputation.
- The Folsom Powerhouse once held the record for the longest overhead electricity transmission in the country, a whopping 22 miles, back when that was mind-blowing.
- Intel, the Silicon Valley chip giant, is actually Folsom's largest private employer, making it a secret tech hub hiding in the Gold Rush foothills.
- Carpenter Hill in Folsom quietly holds the title of highest elevation point in all of Sacramento County at 831 feet.
Your
Folsom
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.
79584
+
Total Population
$
118006
Median Income
$
558900
Median Home
13
%
Age 65+
Retirement Suitability
How
Folsom
ranks for retirees?
36
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
30
Healthcare
52
Climate
68
Results
Folsom
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
30
03 - Healthcare
Hospital Access & Quality
The area has
8
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
climate — summers peak near
°F, winters dip to about
°F, with roughly
″ of snow a year.
Source · NOAA Climate Normals
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 High
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