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Your email address will not be published.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

  • Watercolor illustration of a retiree checking off 'Travel' and 'Golf' on a list, surrounded by icons of airplanes and park ranger hats. 7 Retirement Jobs People Take Just For Free Perks
  • A retiree couple looks out the window of their new, bright, minimalist condo, symbolizing a fresh start after downsizing their home. 8 Things Retirees Are Selling Before Moving Into Smaller Homes
  • A retiree in a sun hat looking out over a vast canyon at sunset, symbolizing the freedom of travel in retirement. 7 Retirement Jobs That Let You Travel For Free
  • A grandmother and grandson sitting on a wooden dock at sunset, skipped stones creating ripples in the water. 7 Retirement Places Where Grandkids Actually Love Visiting
  • A retiree couple sitting at their kitchen table in morning light, looking stressed while preparing for a family meeting about their future. 7 Awkward Conversations Retirees Keep Avoiding With Their Adult Children
  • A retired couple overlooks a vast mountain valley at sunrise, illustrating the dream of retiring near a national park. 7 Retirement Towns Near National Parks People Love
  • A retiree couple in hiking gear walks a mountain trail transitioning from sun to the shade of a cool evergreen forest at sunset. 7 Retirement Destinations With Surprisingly Cool Summers
  • A scenic mountain overlook at sunset with a wooden bench in the foreground and a valley of autumn trees below. 7 Unexpected Places Retirees Are Moving For Better Weather
  • A senior woman with silver hair working on a pottery wheel in a sunlit studio, representing an active and creative retirement job. 7 Part-Time Jobs Retirees Actually Enjoy Doing
  • A watercolor illustration of a retired man sitting on a park bench in a charming, walkable small city with moving boxes nearby. 7 Small Cities Retirees Are Choosing Over Expensive Suburbs

Newsletter

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

Related Articles

social security homebuying

8 Myths About Homebuying That Will Cost You a Fortune

The only buying cost you’ll have is the mortgage Homebuyers might be shocked to find…

Read More →
A happy senior couple enjoying the view from their new modern apartment balcony at sunset.

How to Downsize Smartly: Selling the Family Home and What to Do With the Money

Learn smart strategies for downsizing your home in retirement, navigating capital gains taxes, and investing…

Read More →
A photograph of a senior's hands holding a check, with a partially visible retirement planning document in the background.

Protecting Your Nest Egg: A Guide to Annuities for Retirees

Pros and Cons: The Balancing Act of Annuities for Retirees Every financial decision involves a…

Read More →
A senior couple planning their future on a tablet in a sunny garden setting.

Long-Term Care Insurance: What It Covers and What It Costs in 2027

Discover what long-term care insurance covers, projected 2027 care costs, and average premium rates to…

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 →
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 →
Claiming Social Security early number

Claiming Social Security Early: 8 Reasons Why You Should Do This

3. You Need To Pay Off Debt Living your golden years without having to worry…

Read More →
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 →
Social Security changes coming in 2024 retirement, seniors living on Social Security

Inflation Impacts Seniors Living on Social Security: 7 Shocking Ways to Watch

An elderly man reviews his mail and planner at the kitchen table, staying organized to…

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.