01 - Taxes
Retirement Tax Treatment
California does not tax Social Security benefits, though retirees with other income will owe state income tax.
Source · Tax Foundation
8
7
Fact text
- Magalia was originally called 'Dogtown', thanks to a dog breeding operation started there in 1850.
- In 1859, a 54-pound gold nugget, the largest in the world at the time, was pulled from a local mine and named the 'Dogtown Nugget.'
- The town's current name, Magalia, comes from the Latin word for 'cottages.'
Your
Magalia
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.
11444
+
Total Population
$
51940
Median Income
$
186200
Median Home
24
%
Age 65+
Retirement Suitability
How
Magalia
ranks for retirees?
26
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
55
Healthcare
3
Climate
56
Results
Magalia
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
55
03 - Healthcare
Hospital Access & Quality
The area has
3
Medicare-certified hospitals, averaging a
2
/5 CMS quality rating.
Source · CMS Hospital Compare
2
04 - Climate
Weather & Comfort
A
Temperate
climate — summers peak near
88
°F, winters dip to about
33
°F, with roughly
″ 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 Moderate
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