01 - Taxes
Retirement Tax Treatment
Illinois does not tax Social Security benefits, which helps retirees keep more of their fixed income despite the state's flat income tax.
Source · Tax Foundation
8
Fact text
- Dennis DeYoung, the former lead singer of the rock band Styx, is from Frankfort, so "Mr. Roboto" has deep Chicago-suburb roots.
- Hall of Fame baseball player Lou Boudreau also calls Frankfort home, giving this small village some serious diamond credibility.
- Lincoln-Way East High School has racked up state championships in everything from football to marching band, a true overachiever.
- Frankfort's name traces back to Frankfurt am Main, Germany, a nod to the German immigrants who basically built the town in the 1840s.
- The Old Plank Road Trail, a 22-mile paved recreation path, runs right through Frankfort's charming historic downtown.
Your
Frankfort
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.
19166
+
Total Population
$
140731
Median Income
$
376100
Median Home
16
%
Age 65+
Retirement Suitability
How
Frankfort
ranks for retirees?
43
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
86
Healthcare
29
Climate
68
Results
Frankfort
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
86
03 - Healthcare
Hospital Access & Quality
The area has
3
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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