01 - Taxes
Retirement Tax Treatment
New York does not tax Social Security benefits, though retirees still face state income tax on other income sources.
Source · Tax Foundation
8
4
Fact text
- Franklin Square's name came from a postal bureaucracy headache, the post office refused 'Washington Square' for being too common, so locals just picked 'Franklin Square' instead.
- A 1930s Art Deco movie theater still stands on Hempstead Turnpike, a rare surviving gem that locals fought to get landmarked in 2019.
- Walt Whitman spent a spring as a schoolteacher here in 1840, long before he became one of America's most famous poets.
- Franklin National Bank, once headquartered here, invented the bank credit card and the drive-up teller window, changing how Americans bank forever.
- George Washington himself passed through and wrote in his diary that the area was 'entirely treeless except for a few scraggly fruit trees', not exactly a glowing review.
Your
Franklin Square
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.
31537
+
Total Population
$
111749
Median Income
$
517700
Median Home
18
%
Age 65+
Retirement Suitability
How
Franklin Square
ranks for retirees?
41
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
31
Healthcare
74
Climate
58
Results
Franklin Square
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
5
% on 5-year terms, with most landing between
4
% and
5
%.
Source · Cannex
31
03 - Healthcare
Hospital Access & Quality
The area has
9
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
83
°F, winters dip to about
28
°F, with roughly
19
″ 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 High
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