01 - Taxes
Retirement Tax Treatment
Massachusetts levies a state income tax, but Social Security benefits are exempt, a meaningful relief for retirees drawing on those payments.
Source · Tax Foundation
8
Fact text
- Saugus is home to the oldest barber shop in the United States, George's Barber Shop has been a 6th-generation family business since 1898.
- The Saugus Iron Works, built in 1646, cranked out over one ton of iron a day and was one of the most technologically advanced facilities in the entire world at the time.
- An early airfield in Saugus saw the first airmail delivery in all of New England on May 30, 1912.
- Saugus kick-started the global ice trade in 1804, when Frederic Tudor harvested ice from a family pond and shipped it all the way to Martinique.
Your
Saugus
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.
28326
+
Total Population
$
88463
Median Income
$
433000
Median Home
21
%
Age 65+
Retirement Suitability
How
Saugus
ranks for retirees?
20
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
27
Healthcare
29
Climate
11
Results
Saugus
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
27
03 - Healthcare
Hospital Access & Quality
The area has
5
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
79
°F, winters dip to about
21
°F, with roughly
40
″ 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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