Telephone: +0800 123 4567
+0800 123 4567
 

50. Mississippi

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Photo: Flickr.com/MississippiFlickr.com/TravelingOtter
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Average annual benefit: $16,431

In the Magnolia State, 416,530 retirees averaged $1,369.26 monthly. Benefits, retirement income, estates, and inheritances are not taxable. Property taxes are very low, made even lower by homestead exemptions.

Therefore, Mississippi very tax-friendly for retirees. Taxes are a high consideration for seniors on Social Security. Benefits account for at least 90% of income for nearly half of unmarried and about 1 in 5 married seniors.

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