Statistics About The Average Monthly Retirement Income By State

In this post, we explore the average monthly retirement income by state based on recent statistics. From Massachusetts to California, we’ll look at the varying figures retirees receive each month in different parts of the United States. Understanding these averages can provide insight into the financial landscape for retirees across the country.

Statistic 1

"Massachusetts has an average retirement income of $1,390 per month."

Statistic 2

"The average retirement income in Michigan is about $1,340 per month."

Statistic 3

"Wisconsin retirees receive an average of $1,325 per month."

Statistic 4

"The average retirement income in Indiana is approximately $1,285 per month."

Statistic 5

"The average retirement income in Minnesota is about $1,350 per month."

Statistic 6

"Texas has an average monthly retirement income of $1,350."

Statistic 7

"Georgia retirees receive an average of $1,330 per month."

Statistic 8

"Arizona has an average monthly retirement income of $1,310."

Statistic 9

"Virginia retirees receive an average of $1,345 per month."

Statistic 10

"Pennsylvania's average monthly retirement income is around $1,320."

Statistic 11

"The average retirement income in Illinois is $1,375 per month."

Statistic 12

"Florida retirees receive an average of $1,400 per month."

Statistic 13

"The average retirement income in New Jersey is approximately $1,365 per month."

Statistic 14

"The average monthly retirement income in North Carolina is $1,295."

Statistic 15

"In New York, the average monthly retirement income is about $1,480."

Statistic 16

"The average monthly retirement income in California is approximately $1,500."

Statistic 17

"The average monthly retirement income in Ohio is approximately $1,310."

Statistic 18

"The average monthly retirement income in Washington is around $1,355."

Statistic 19

"Colorado's average monthly retirement income is $1,350."

Statistic 20

"The average monthly retirement income in Tennessee is about $1,300."

In analyzing the average monthly retirement incomes by state, it is evident that there is a range of figures across the country. States like California and New York stand out with higher average retirement incomes around $1,500 and $1,480 per month respectively, while others such as Indiana and North Carolina have lower averages around $1,285 and $1,295 per month. Overall, retirees in Massachusetts, Florida, and California appear to have comparatively higher retirement incomes, whereas those in Indiana and North Carolina receive relatively lower amounts each month. It is crucial for individuals to consider these state variations when planning for their retirement to ensure financial stability and adequate support in their post-career years.