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Retirement in IllinoisRetirement in Illinois
Midwest

Retirement in Illinois

Retirees living primarily on Social Security, pensions, and retirement-account withdrawals — all exempt from Illinois income tax — who rent or own modest homes, want elite healthcare and city amenities, and have family roots in the Midwest.

12719141
+
Total Population
$
282902
Median Home
17.9
%
Age 65+
95.1
Cost of Living (100 = US avg)

Fact text

  • Engineers permanently reversed the flow of the Chicago River in 1900 to protect the city's drinking water
  • The Home Insurance Building, completed in Chicago in 1885, is widely considered the world's first skyscraper
  • Metropolis, Illinois, officially embraces its status as the Hometown of Superman, complete with a giant bronze statue
  • Illinois has long exempted retirement income — Social Security, pensions, and IRA withdrawals — from its state income tax

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