01 - Taxes
Retirement Tax Treatment
Massachusetts levies a state income tax, but Social Security benefits are exempt, a meaningful break for retirees drawing from those benefits.
Source · Tax Foundation
8
Fact text
- Milton was home to the first chocolate factory in New England, the Walter Baker Chocolate Factory, opened in 1764.
- New England's very first paper mill was built in Milton along the Neponset River way back in 1729.
- A powder mill established in Milton in 1674 may have been the earliest gunpowder mill in all the American colonies.
Your
Milton
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.
27590
+
Total Population
$
141050
Median Income
$
651600
Median Home
16
%
Age 65+
Retirement Suitability
How
Milton
ranks for retirees?
30
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
32
Healthcare
64
Climate
5
Results
Milton
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
32
03 - Healthcare
Hospital Access & Quality
The area has
4
Medicare-certified hospitals, averaging a
4
/5 CMS quality rating.
Source · CMS Hospital Compare
4
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
78
°F, winters dip to about
20
°F, with roughly
63
″ 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 Moderate
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