Fact text

  • Palm Springs was originally named 'Se-Khi' by the Cahuilla people, meaning 'boiling water,' a name that still makes perfect sense on a 115-degree summer day.
  • Every winter the city's population literally triples, and the majority of those seasonal snowbirds flooding in are Canadians.
  • Palm Springs is the largest city in Riverside County by land area, yet it has a population smaller than many mid-sized college campuses.
  • The city's streets have unusually poetic names, Andreas, Arenas, Amado, Belardo, all common Cahuilla surnames honoring the area's original residents.
  • One early Spanish nickname for the area was 'La Palma de la Mano de Dios', 'The Palm of God's Hand', which honestly still sounds like great real-estate marketing.
Your
Palm Springs
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
48390
+
Total Population
Stat icon
$
57916
Median Income
Stat icon
$
398100
Median Home
Stat icon
32
%
Age 65+
Retirement Suitability
How
Palm Springs
ranks for retirees?
13
/ 100

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

Tax
8
Affordability
10
Healthcare
19
Climate
13

Results

Palm Springs

Suitability Breakdown

Retirement tax planning
01 - Taxes

Retirement Tax Treatment

Tax
8

California taxes most retirement income but leaves Social Security benefits untouched, and the state sales tax starts at 7.25%.

State sales tax here runs about

7

%.

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

Annuity Rates Available Here

Affordability
10

Fixed annuity rates reach up to

7

% on 5-year terms, with most landing between

5

% and

5

%.

Source · Cannex
10
Retirement tax planning
03 - Healthcare

Hospital Access & Quality

Healthcare
19

The area has

16

Medicare-certified hospitals, averaging a

3

/5 CMS quality rating.

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

Weather & Comfort

Climate
13

A

Mild

climate — summers peak near

106

°F, winters dip to about

46

°F, with roughly

0

″ of snow a year.

Source · NOAA Climate Normals
Mild
Retirement tax planning
05 - Risk

Natural Disaster Risk

Risk
Very High

FEMA's overall natural-disaster risk rating for this county on the National Risk Index.

Source · FEMA National Risk Index
Very High

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