Your golden years are your best years! Make them shine!

  • Home
  • Personal Finance
  • Retirement Life
  • Saving & Spending

6 Best and Worst States for Middle-Class Retirees

February 16, 2023 · Personal Finance
middle-class
photo by Jon Bilous from Shutterstock

3. Pennsylvania

Another state that is a big no-no for middle-class retirees is Pennsylvania. The Keystone State’s high average property tax rate is the key factor in its inclusion on the list of states with the least favorable tax climates. The average state tax in Pennsylvania for a $300,000 home is $4,074 per year. In our rankings of property taxes in the United States, that represents the 12th highest amount.

For a middle-class family in Pennsylvania, income taxes are average, and the flat rate is 3.07%. On a brighter note, sales taxes are not that high; in fact, they’re a little below the national average. However, like in every other state, there are some pros and cons to living in the Keystone State, but if you don’t have a budget to balance the fact that the property taxes are utterly high, you better look for another state to relocate to for your golden years.

Pages: 1 2 3 4 5 6 7

Share this article

Facebook Twitter Pinterest LinkedIn Email

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

1 comment on “6 Best and Worst States for Middle-Class Retirees”

  1. George Michie says:
    March 29, 2023 at 4:17 pm

    Cost of housing, taxers, etc. are all well and good. It is not, however, going to favor you to live in a state like Tennessee, which has more guns than any other state. Live in fear in your low rent house. No thanks.

    Reply
Se încarcă comentarii...

Nu mai există comentarii de afișat.

Search

Latest Posts

  • Ink and watercolor illustration of a balance scale holding a warm coffee mug on one side and a vintage travel suitcase on the other. 8 Jobs That Let Retirees Set Their Own Schedule
  • An ink and watercolor illustration of a retired couple looking toward the horizon, symbolizing retirement planning. 5 Social Security Trends Shaping the Future
  • A retired couple sits together at a sunlit kitchen island, reviewing financial papers and planning their retirement budget. How Retirees Are Stretching Their Social Security Benefits
  • An editorial illustration showing a balance scale where a coin labeled COLA is outweighed by grocery bags and medicine bottles. What Retirees Need to Know Before the Next COLA Announcement
  • An older woman reviewing a Social Security Administration letter at her kitchen table with a magnifying glass and a calculator. Why Retirees Are Watching COLA Estimates Closely
  • Illustration of a senior woman planning her budget at a sunlit table, symbolizing retirement financial planning. What a Higher COLA Could Mean for Your Budget
  • An older couple sitting at a wooden table reviewing financial papers in a warm, sunlit room. Is Your Pension Keeping Up With Inflation?
  • Gouache illustration of a cozy kitchen table with coffee, glasses, and an October calendar, symbolizing retirement planning. New COLA Predictions Are In - Here's What Retirees Should Know
  • Retirees Are Watching This $2,000 Proposal Closely
  • A clean, horizontal timeline diagram showing key Social Security age milestones from 62 to 70 with rules and earnings limits labeled. 5 Social Security Rules Most Retirees Learn Too Late

Newsletter

Get retirement tips and senior living advice delivered to your inbox.

Related Articles

401k Loan

401k Loans: Are They REALLY Worth It?

Benefit: Retirement Savings Can Benefit As you begin to make the repayments on your loan…

Read More →
tax-free retirement income

How to Enjoy Tax-Free Retirement Income with These 6 Proven Methods

It is easy to understand why someone would want more tax-free retirement income. Everyone wants…

Read More →
ss payment

Your $914 Social Security Payment Will Arrive This Late!

For a young worker who receives average earnings, a spouse, and two children, we’re talking…

Read More →

Yes, You Can Earn Extra Cash in Retirement With These 10 Gigs!

4. Uber driver Ride-sharing apps offer some convenience because you can actually drive when you…

Read More →
side jobs for seniors

12 GOOD Side Jobs for Seniors Living in a Small Town

Rideshare driver and grocery deliverer Rural areas might be smaller, but they still need ridesharing…

Read More →
health

Health Care Costs and the 6 Painful Effects on Retirees

Are you ready to plan your health care costs?

Read More →
Kamala Harris Tax Reform

6 Kamala Harris Tax Reforms We Avoided by Choosing Trump

The child tax credit The Biden administration has been focused on the child tax credit,…

Read More →
is pension taxable income

“Is Pension Taxable Income” and Other Retirement Tax Questions From Retirees

As you transition into retirement, understanding how your income will be taxed is crucial for…

Read More →
social security numbers

6 Social Security Changes Coming Next Year

#3 Taxable Wage Base Increases to About $183,600 The taxable wage base (the maximum amount…

Read More →
Retired in USA

Your golden years are your best years! Make them shine!

Inedit Agency S.R.L.
Bucharest, Romania

contact@ineditagency.com

Trust & Legal

  • Terms and Conditions
  • Privacy Policy
  • Do not sell my personal information
  • Subscribe
  • Unsubscribe
  • Contact
  • CA Privacy Policy
  • Request to Know
  • Request to Delete

Categories

  • Enjoying Retirement
  • Personal Finance
  • Saving & Spending

© 2026 Retired in USA. All rights reserved.