Close Close

12 Top U.S. Cities for Retirement Income

Your article was successfully shared with the contacts you provided.

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