Telephone: +0800 123 4567
+0800 123 4567
 

42. North Dakota

Advertisement
Photo: Flickr.com/Jimmy Emerson DVM
Advertisement

Average annual benefit: $16,849

In the Peace Garden State, 96,657 retirees collected average monthly benefits of $1,404. Benefits, retirement account income, and pension income are taxable. Homestead credit exemptions reduce already low property taxes.

State sales tax is 5%, but localities can add up to 3.5% more, making the average 6.94%. Groceries, medicines, and medical equipment are exempted. There is no inheritance tax, and the estate tax is rarely assessed.

Advertisement
Advertisement
Advertisement
Advertisement
Advertisement