01 - Taxes
Retirement Tax Treatment
Massachusetts levies state income tax, but Social Security benefits are fully exempt, a meaningful break for retirees drawing on that income.
Source · Tax Foundation
8
Fact text
- Gloucester is the oldest fishing port in America, with a permanent fishing outpost established way back in 1623.
- Early settlers actually built their town nearly two miles inland, far from the harbor, making Gloucester unlike almost every other coastal New England town.
- A ghost village called 'Dogtown' once existed in Gloucester's rocky inland moors, and its ancient cellar holes are still visible along hiking trails today.
- An 1830s English visitor described Gloucester so overrun with granite blasting that falling rock chunks through rooftops had become too common to alarm anybody.
Your
Gloucester
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.
30291
+
Total Population
$
76260
Median Income
$
435200
Median Home
24
%
Age 65+
Retirement Suitability
How
Gloucester
ranks for retirees?
17
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
17
Healthcare
29
Climate
11
Results
Gloucester
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
17
03 - Healthcare
Hospital Access & Quality
The area has
5
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
77
°F, winters dip to about
19
°F, with roughly
″ of snow a year.
Source · NOAA Climate Normals
Cold / Snowy
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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