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 IM_photo from Shutterstock

2. New York

Another state that stands pretty high on the list among the worst for middle-class families is New York. In addition to the income taxes Yonkers and New York City levy, commuters who work in or near New York City must pay a commuter tax. As a result, for residents of such regions of the state, their total state and local income tax burden is higher. You could be familiar with the scenario and the truth that things start to get worse when you include sales taxes if you know individuals or if you live here. The tenth-highest state in the union is New York!

If these facts aren’t enough to convince you that New York is one of the most expensive states to live in, consider this: the median home list price is $281,025 in New York. With an average property tax of $4,860 for a $300,000 home in New York, this state has the sixth-highest property taxes nationwide. Yet, homeowners can spend more than twice that amount in some expensive regions of the state, such as Westchester County.

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Your email address will not be published.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.

Recent Posts

  • Things Seniors Should Always Get from Costco
    8 Kirkland Products That No Longer Feel Like a Costco Bargain
  • medicare
    Medicare Costs Are Rising in 2026 — Here’s What to Expect
  • save money on healthcare
    Could You Qualify For the New $25,000 Health Care Tax Deduction Coming in 2026?
  • Medicare open enrollment
    Missed the Medicare Deadline? Your Options Aren’t Over Yet
  • stimulus check
    Trump Promises $2,000 Tariff Checks: Could You Qualify?
  • social security changes
    5 Social Security Changes Coming In 2026

Related Articles

retire

10 Things Retirees Hate About Social Security

Longer retirements and bad planning Life expectancy in the U.S. is rising, which should be…

Read More →
tax-saving strategies

4 Tax-Saving Strategies for the 2025 Bracket Update

You need to hear about these tax-saving strategies! This year comes with new tax changes,…

Read More →

Mastering Financial Wellness: 4 Essential Tips for Improvement

Did you know you can easily master financial wellness? When it comes to financial wellness,…

Read More →

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

2. Content Writer Believe it or not, there are a lot of retirees that are…

Read More →
social security

Some Retirees Won’t Get Great Social Security Benefits- Here’s 7 Reasons Why

2. Workers who die before age 62 You can start to benefit from Social Security…

Read More →
mistakes

7 Social Security Mistakes That Could Cost You a Fortune

Claiming benefits while still working In case you decide to claim your Social Security before…

Read More →
financial stability in retirement

6 Finance Tips to NEVER Ask Your Kids for Money Again

Most of us strive to achieve financial stability in retirement, but this is not always…

Read More →
Kamala Harris Tax Reform

6 Kamala Harris Tax Reforms We Avoided by Choosing Trump

Middle-class tax credit Kamala spoke a lot about the LIFT Act on the Biden campaign…

Read More →
social security

9 States to Live on Your Social Security Check Alone

2. South Dakota Moving forward, the next state on our list, the neighbor from above,…

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

Explore

  • 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

© 2025 Retired in USA. All rights reserved.