01 - Taxes
Retirement Tax Treatment
Massachusetts taxes income but leaves Social Security benefits untouched, which helps retirees stretch fixed income further.
Source · Tax Foundation
8
Fact text
- Reading once manufactured neckties for about 90 years straight, the town was basically the bow-tie capital of New England.
- Addison-Wesley Publishing, one of America's most famous textbook publishers, got its start right here in Reading.
- Back in 1791, you could join Reading's first library for just one dollar, with a 25-cent annual fee, quite the literary bargain.
Your
Reading
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.
25236
+
Total Population
$
131515
Median Income
$
594000
Median Home
20
%
Age 65+
Retirement Suitability
How
Reading
ranks for retirees?
25
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
34
Healthcare
43
Climate
8
Results
Reading
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
34
03 - Healthcare
Hospital Access & Quality
The area has
11
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Cold / Snowy
climate — summers peak near
80
°F, winters dip to about
20
°F, with roughly
58
″ 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 High
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