Bottom 10 Cities for Retirement Income
336. South Bend, Ind.
• Total retirement income: $38,752
• Social Security income: $20,435
337. Akron, Ohio
• Total retirement income: $38,647
• Social Security income: $17,879
338. El Monte, Calif.
• Total retirement income: $38,408
• Social Security income: $15,586
339. Detroit
• Total retirement income: $38,339
• Social Security income: $17,397
340. East Los Angeles, Calif.
• Total retirement income: $38,204
• Social Security income: $17,397
341. Elizabeth, N.J.
• Total retirement income: $38,141
• Social Security income: $16,730
342. Kansas City, Kan.
• Total retirement income: $38,085
• Social Security income: $20,008
343. Hartford, Conn.
• Total retirement income: $36,169
• Social Security income: $15,220
344. Brownsville, Texas
• Total retirement income: $35,876
• Social Security income: $14,556
345. Hialeah, Fla.
• Total retirement income: $33,208
• Social Security income: $14,598
Data and Methodology
To find the places where retirees have the highest income and Social Security benefits, SmartAsset examined data for 345 of the largest U.S. cities. Data includes average retirement income from all retirement accounts such as pension plans, annuities, IRAs, and 401(k)s. Data comes from the U.S. Census Bureau’s 2022 1-year American Community Survey. Average Social Security retirement income data comes from the U.S. Census Bureau’s 2022 1-year American Community Survey.
See the ranking of all 345 cities here.
SEE ALSO:
- 5 Best, Worst Cities to Save for Retirement
- 50 Fastest-Growing Retirement Hubs
- This Idyllic Suburb is the Best Small Town for Retiree Living
Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.