01 - Taxes
Retirement Tax Treatment
North Carolina taxes income but leaves Social Security benefits untouched, a meaningful advantage for retirees drawing from those benefits.
Source · Tax Foundation
8
Fact text
- Wake Forest University lived in Wake Forest for 122 years, then packed up and moved to Winston-Salem, leaving the town with a famous name and no university.
- Forbes once ranked Wake Forest the 20th fastest-growing suburb in America, after its population surged over 73% in just six years.
- The town sits on the 'Fall Line,' a geographic boundary where waterfalls start appearing in rivers, nature's way of marking its territory.
Your
Wake Forest
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.
44068
+
Total Population
$
100162
Median Income
$
314200
Median Home
11
%
Age 65+
Retirement Suitability
How
Wake Forest
ranks for retirees?
61
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
72
Healthcare
98
Climate
72
Results
Wake Forest
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
72
03 - Healthcare
Hospital Access & Quality
The area has
3
Medicare-certified hospitals, averaging a
5
/5 CMS quality rating.
Source · CMS Hospital Compare
5
04 - Climate
Weather & Comfort
A
climate — summers peak near
°F, winters dip to about
°F, with roughly
3
″ of snow a year.
Source · NOAA Climate Normals
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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