01 - Taxes
Retirement Tax Treatment
Pennsylvania does not tax Social Security benefits, which can meaningfully preserve income for retirees relying on those payments.
Source · Tax Foundation
8
Fact text
- Philadelphia's name comes from the Greek words for 'brotherly love', which locals find hilarious given the city's famously passionate (read: rowdy) sports fans.
- Philly hosts more outdoor sculptures and murals than any other city in the entire nation, it's basically one giant open-air art gallery.
- Philadelphia has the nickname 'Cellicon Valley' for its groundbreaking role in developing cancer-fighting immunotherapies.
- The Philadelphia Stock Exchange is the oldest stock exchange in the entire country, open for business since 1790.
- Philadelphia was a city of firsts: first American library, first hospital, first medical school, first zoo, and first business school, basically invented civilization as we know it.
Your
Philadelphia
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.
1581531
+
Total Population
$
49127
Median Income
$
171600
Median Home
14
%
Age 65+
Retirement Suitability
How
Philadelphia
ranks for retirees?
36
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
59
Healthcare
39
Climate
50
Results
Philadelphia
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
59
03 - Healthcare
Hospital Access & Quality
The area has
12
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Temperate
climate — summers peak near
86
°F, winters dip to about
30
°F, with roughly
15
″ 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
Very High
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