12 Top U.S. Cities for Retirement Income

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U.S. households in major cities living on retirement income had trouble keeping up with everyone else between 2017 and 2022, according to a fresh batch of U.S. Census Bureau survey data.

In metropolitan areas with at least 200,000 households, retirement income increased 24% over five years, to $32,011. But overall average household income in those areas increased by 30%, to $76,981.

In 12 big cities with the highest level of retirement income, the 2022 income average was over $38,000, but only one of those cities had a five-year increase of more than 30%.

The slow growth in retirement income may partly be tied to the effect of low interest rates on income from bonds and annuities.

Credit:  Fabio/Adobe Stock

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