Fact text

  • Indianapolis Union Station was the first union railway station in the entire world when it opened in 1853.
  • The Indianapolis 500 holds the title of the world's largest single-day sporting event.
  • Indianapolis is home to the world's largest children's museum.
  • The name 'Indianapolis' was coined by a state Supreme Court justice who combined 'Indiana' with the Greek word for city, beating out runner-up names like 'Suwarrow' and 'Whetzel'.
Your
Indianapolis
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.
Stat icon
869387
+
Total Population
Stat icon
$
50813
Median Income
Stat icon
$
145200
Median Home
Stat icon
12
%
Age 65+
Retirement Suitability
How
Indianapolis
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
80
Healthcare
29
Climate
33

Results

Indianapolis

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

Indiana does not tax Social Security benefits, though a state income tax and a 7% sales tax still apply to retirees' budgets.

State sales tax here runs about

7

%.

Source · Tax Foundation
8
7
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
80

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
80
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
29

The area has

9

Medicare-certified hospitals, averaging a

3

/5 CMS quality rating.

Source · CMS Hospital Compare
3
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
33

A

Cold / Snowy

climate — summers peak near

82

°F, winters dip to about

21

°F, with roughly

13

″ of snow a year.

Source · NOAA Climate Normals
Cold / Snowy
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Relatively High

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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