01 - Taxes
Retirement Tax Treatment
Ohio does not tax Social Security benefits, though the state does levy income tax on other retirement income.
Source · Tax Foundation
8
Fact text
- Residents once voted to rename the city 'Portage Lakes', and shot it down 57% to 42%, keeping the Franklin name intact.
- Baseball Hall of Famer George Sisler, one of the greatest first basemen ever, hails from New Franklin.
- New Franklin technically became a city only in 2006, making it one of Ohio's younger cities despite the area dating back to 1817.
Your
New Franklin
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.
14143
+
Total Population
$
75807
Median Income
$
156400
Median Home
21
%
Age 65+
Retirement Suitability
How
New Franklin
ranks for retirees?
54
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
99
Healthcare
82
Climate
13
Results
New Franklin
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
99
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
80
°F, winters dip to about
21
°F, with roughly
48
″ 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
Current Guaranteed Rates · Ohio
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