Fact text

  • The name 'Milwaukee' was famously explained in the 1992 comedy film Wayne's World by Alice Cooper, who said it means 'good land' in Ojibwe.
  • A city founder once distributed maps that conveniently left out his rival's entire neighborhood, just to make it look uninhabited and undesirable.
  • Milwaukee's bridges are famously crooked because a rival developer deliberately built roads that didn't line up with the other side of the river.
  • Milwaukee was once known as the most German city in America, earning it a reputation as the nation's beer capital thanks to Miller, Pabst, and Schlitz.
  • Summerfest, held annually in Milwaukee, is one of the world's largest music festivals.
Your
Milwaukee
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
592649
+
Total Population
Stat icon
$
43125
Median Income
Stat icon
$
128300
Median Home
Stat icon
11
%
Age 65+
Retirement Suitability
How
Milwaukee
ranks for retirees?
43
/ 100

A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.

Tax
8
Affordability
77
Healthcare
64
Climate
11

Results

Milwaukee

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

Wisconsin taxes income but leaves Social Security benefits untouched, a meaningful break for retirees who rely on that income.

State sales tax here runs about

%.

Source · Tax Foundation
8
Retirement tax planning
02 - Income

Annuity Rates Available Here

Affordability
77

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
77
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
64

The area has

8

Medicare-certified hospitals, averaging a

4

/5 CMS quality rating.

Source · CMS Hospital Compare
4
Retirement tax planning
04 - Climate

Weather & Comfort

Climate
11

A

Cold / Snowy

climate — summers peak near

82

°F, winters dip to about

17

°F, with roughly

40

″ 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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