The states where retirees will get the best (and worst) Social Security checks in 2021

The states where retirees will get the best (and worst) Social Security checks in 2021
New Years Eve is a time of optimism, but older Americans can't look forward to 2021 that much. They will receive a modest 1.3% increase in their social security benefits - the second lowest annual increase in the program's history.
Most retirees depend on social security for at least half of their income, according to federal data, but it's not a lot of money. Monthly payments will average $ 1,543 nationwide in 2021, just $ 20 more than before.
Scroll to continue with the content
display
Microsoft and Redis
Meet the fast and fully managed in-memory data store.
Don't miss the opportunity to hear the unique perspectives from Microsoft and partner specialists and learn more about Azure Cache for Redis.
LEARN MORE
And, as usual, benefits will be more generous in some states than others. For example, all 50 states and the District of Columbia will rank for Social Security in 2021, from the smallest average annual payout to the largest.
No matter how much you get, make sure you put the money into a high yield savings account to get the maximum value out of it.
Our methodology: We used the most recent Social Security data to calculate 2019 benefits for the average retiree in each state, and then added 1.6% to determine 2020 payouts. To those amounts, we've added another 1.3% to achieve the typical benefits in each state in 2021.
51. Louisiana
Fotoluminate LLC / Shutterstock
Average Annual Benefit in 2021: $ 17,284
According to the most recent information from the Social Security Administration, 559,820 retirees in Louisiana are beneficiaries.
We estimate they were receiving an average of $ 1,421.83 per month and $ 17,061.98 per year in 2020. That's the lowest among the 50 states and the District of Columbia.
With a 1.3% cost of living adjustment (COLA) for the next year, Louisiana Social Security recipients will be earning $ 1,440.32 per month.
50. Mississippi
Joseph Sohm / Shutterstock
Average Annual Benefit in 2021: $ 17,348
Social security officials say 429,412 retirees in Mississippi are receiving benefits. We reckon they received an average of $ 1,427.13 per month and $ 17,125.62 per year in 2020.
In the United States, around 1 in 5 elderly married couples with Social Security coverage and nearly half of unmarried seniors depend on their benefits for at least 90% of their income, according to the Social Security Agency.
According to our calculations, the Mississippians will be paid $ 1,445.69 per month for the next year.
49. Maine
DisobeyArt / Shutterstock
Average Annual Benefit in 2021: $ 17,465
According to Social Security, 242,442 retirees receive benefits in Maine. We reckon they were getting an average of $ 1,436.75 per month in 2020 - or $ 17,241.00 for the full year.
Approximately 90% of Americans age 65 and over receive social security benefits. Some wait until they are 70 years old. At this age you will receive your maximum possible benefit.
We estimate Maine retirees will receive $ 1,455.43 per month for the next year.
48. New Mexico
Andrey Bayda / Shutterstock
Average Annual Benefit in 2021: $ 17,516
In New Mexico - one of 13 states that AARP says tax social security - 307,967 retirees receive benefits. According to our calculations, in 2020 payments averaged $ 1,440.92 per month and $ 17,291.06 per year.
If you want to stretch your retirement income and savings as much as possible, you should sign up with a financial planning service. In a 30-minute phone call, you can discuss goals and priorities and see how you can move forward.
After a 1.3% increase over the next year, New Mexico Social Security recipients will earn $ 1,459.65 per month.
47. Arkansas
Bonita R. Cheshier / Shutterstock
Average Annual Benefit in 2021: $ 17,589
In Arkansas, 450,419 retirees are insured and we have calculated that they have earned an average of $ 1,446.90 per month in 2020 and $ 17,362.82 for the year as a whole.
The benefit program began in 1935 when President Franklin Roosevelt signed the Social Security Act.
Arkansas retirees will be paid $ 1,465.71 per month for the next year.
46. ​​Montana
perdar / Shutterstock
Average Annual Benefit in 2021: $ 17,623.15
According to the latest information from the Social Security Agency, 178,102 retirees in Montana are beneficiaries. Our math shows that in 2020 they got an average of $ 1,449.75 per month, or $ 17,396.99 per year.
Montana is also among the 13 states that tax social security benefits, AARP says.
We anticipate that Montana seniors will be paid $ 1,468.60 per month over the next year.
45. Kentucky
Darcy Jardine / Shutterstock
Average Annual Benefit in 2021: $ 17,676
In Kentucky, 618,077 retirees are receiving social security benefits for an average of $ 1,454.10 per month in 2020 and $ 17,449.17 for the full year.
On January 31, 1940, the first monthly social security check was made out to Ida May Fuller, a retired legal secretary in Ludlow, Vermont. She received $ 22.54 which is $ 421.48.
Kentucky retirees will be earning $ 1,473.00 per month for the next year, according to our calculations.
One way to pay off debts and build your retirement fund is to refinance your mortgage if you are a homeowner. Mortgage rates are the lowest in history, and a refi can easily save you hundreds of dollars a month.
44. South Dakota
JJM Photography / Shutterstock
Average Annual Benefit in 2021: $ 17,788
According to the Social Security Agency, 137,577 retirees in South Dakota receive benefits. We expect payments to average $ 1,463.31 per month and $ 17,559.68 per year in 2020.
During her lifetime, Ida May Fuller - the first social security recipient - collected benefits totaling $ 22,889.
After a 1.3% increase next year, South Dakota Social Security recipients will earn $ 1,482.33 per month.
43. Alaska
B. Franklin / Shutterstock
Average Annual Benefit in 2021: $ 17,810
According to official figures, 75,412 retirees in Alaska have social security and, according to our calculations, received $ 1,465.14 per month in 2020, or $ 17,581.66 for the full year.
Like every other resident of Alaska, a retiree receives an annual payment from the state oil fund. The amount for 2020 was $ 992.
Alaska's Social Security retirees are expected to receive $ 1,484.18 per month for the next year.
You could raise more money for your retirement by lowering the cost of your homeowner insurance if you own a home. Compare rates from multiple insurers to see if you need to switch.
42nd North Dakota
Halfpoint / shutterstock
Average Annual Benefit in 2021: $ 17,899
In North Dakota, 99,735 retirees received benefits averaging $ 1,472.45 per month in 2020 and $ 17,669.38 per year in year.
North Dakota is one of 13 states that levy taxes on social security benefits, AARP says.
We anticipate that the state's retirees will receive $ 1,491.59 per month over the next year.
41. Oklahoma
Bonsales / Shutterstock
Average Annual Benefit in 2021: $ 18,097
In Oklahoma, 537,909 retirees received social security benefits, which averaged $ 1,488.74 per month, or $ 17,864.89 per year, in 2020.
Low Social Security benefits are one reason working Americans need to save more - like with 401 (k) plans offered by employers.
Oklahoma seniors will be paid $ 1,508.09 per month for the next year, according to our calculations.
40. Nevada
Joshua Resnick / Shutterstock
Average Annual Benefit in 2021: $ 18,123
There are 413,107 retirees in Nevada and we estimate they will have received an average of $ 1,490.89 per month in 2020, for an annual income of $ 17,890.71.
Social security accounts for about a third of the income of older people, say program officials.
With a 1.3% increase next year, Nevada Social Security recipients will get $ 1,510.27 per month.
39th District of Columbia
Syda Productions / Shutterstock
Average Annual Benefit in 2021: $ 18,127
In the District of Columbia, 58,903 retirees received benefits averaging $ 1,491.24 per month in 2020 or $ 17,894.83 over the year.
An American can start making social security claims as early as 62 years of age. However, if you don't wait, your monthly payment will be permanently reduced by up to 30%.
DC retirees will get $ 1,510.62 per month for the next year.
38. Texas
Fotoluminate LLC / Shutterstock
Average Annual Benefit in 2021: $ 18,183
In Texas, 2.95 million retirees have social security benefits. We calculate that the average payout in the Lone Star State in 2020 was $ 1,495.80 per month and $ 17,949.64 for all of 2020.
Cash from an IRA or individual retirement account can help you make ends meet in retirement - but you need to start saving as early as possible.
Texas Social Security recipients will earn $ 1,515.25 per month, up 1.3% next year.
37. West Virginia
Steve Heap / Shutterstock
Average Annual Benefit in 2021: $ 18,191
According to Social Security, 292,653 retirees in West Virginia will receive benefits from the program. In 2020, the national average was $ 1,496.44 and $ 17,957.24 for the year.
West Virginia is one of 13 states that levy Social Security taxes, AARP says.
According to our calculations, seniors in West Virginia will be paid $ 1,515.89 per month for the next year.
36. California
Sirtravelalot / Shutterstock
Average Annual Benefit in 2021: $ 18,191
America's most populous state received 4.44 million retirees in 2020 social security contributions averaging $ 1,496.45 per month, or $ 17,957.45 for the year.
The elderly with social security in California are greater than the total population of nearly half the states.
Golden State retirees will receive $ 1,515.91 per month for the next year.
35. Idaho
Denise Lett / Shutterstock
Average Annual Benefit in 2021: $ 18,199
Idaho has 259,909 retirees on Social Security and we estimate they received $ 1,497.11 per month or $ 17,965.34 for the full year in 2020.
Some U.S. seniors are fortunate enough to have employer-related pensions that offer additional retirement income, although these have become rare.
After a 1.3% increase over the next year, Idaho Social Security recipients will earn $ 1,516.57 per month.
34. Alabama
Darryl vest / shutterstock
Average Annual Benefit in 2021: $ 18,203
According to the Social Security Agency, 731,111 retirees in Alabama are receiving benefits, which we calculated to average $ 1,497.43 per month or $ 17,969.13 per year in 2020.
Half of older retired couples in the U.S. and 70% of single retirees get 50% or more of their income from Social Security, say program officials.
Alabama retirees should be paid $ 1,516.89 per month for the next year.
33. Georgia
Fotoluminate LLC / Shutterstock
Average Annual Benefit in 2021: $ 18,225
In Georgia, 1.29 million seniors receive social security benefits, which averaged $ 1,499.23 per month or $ 17,990.73 per year in 2020.
Without a decent stream of retirement income, it can be easy to get into deep debt. If you are struggling with credit card bills every month, a debt consolidation loan can help take that weight off your shoulders.
We expect Georgia's retirees to receive $ 1,518.72 per month over the next year.
32. Ohio
Sever180 / Shutterstock
Average Annual Benefit in 2021: $ 18,240
In Ohio, 1.62 million retirees receive benefits, and we expect their payments to average $ 1,500.46 per month in 2020 and $ 18,005.50 for the year as a whole.
As of June 2020, around 45.8 million retirees were receiving social security contributions in the United States.
Adding the 1.3% increase for the next year, Ohio Social Security recipients will receive $ 1,519.96 per month.
31. Missouri
LanaG / Shutterstock
Average Annual Benefit in 2021: $ 18,259
In Missouri, 897,621 retirees are receiving social security payments averaging $ 1,502.10 per month in 2020, or $ 18,025.14 per year.
Missouri is also among the 13 states that tax the social security benefits of at least some retirees, according to the AARP.
According to our calculations, Seniors at Show Me State will get $ 1,521.62 per month for the next year.
30. Tennessee
LanaG / Shutterstock
Average Annual Benefit in 2021: $ 18,415
According to the Social Security Administration, 995,471 retirees in Tennessee are receiving benefits, which we calculated to average $ 1,514.88 per month, or $ 18,178.54 per year, in 2020.
Return on investment, possibly through an automated investment service or "robo-advisor", can help retirees find their money.
Retired Tennesseeans are calculated to be earning $ 1,534.57 per month for the next year.
29. Florida
Brocreative / Shutterstock
Average Annual Benefit in 2021: $ 18,449
In Florida - often viewed as America's retirement capital - around 3.51 million retirees receive social security benefits.
By our calculations, in 2020 they raised $ 1,517.69 per month and their annual income from the program was $ 18,212.30.
Seniors who enjoy the sun in the Sunshine State will be paid $ 1,537.42 per month for the next year.
28. Hawaii
CREATISTA / Shutterstock
Average Annual Benefit in 2021: $ 18,485
In Hawaii - one of the best states for retirement - 218,219 seniors are receiving Uncle Sam retirement benefits.
We estimate they were earning an average of $ 1,520.65 per month and an annual Social Security income of $ 18,247.86 in 2020.
With a 1.3% increase next year, Hawaii's Social Security beneficiaries will get $ 1,540.42 per month.
27. North Carolina
Cvandyke / Shutterstock
Average Annual Benefit in 2021: $ 18,577
In North Carolina, 1,526,249 retirees are receiving benefits that averaged $ 1,528.19 per month and $ 18,338.34 per year in 2020.
Americans live longer and have to rely on Social Security longer. In 1940, a 65-year-old was supposed to be almost 14 years old, according to the social security authorities. This life expectancy is now more than 20 years.
Our calculations show that North Carolina seniors will be earning $ 1,548.06 per month for the next year.
26. Oregon
Breakwater Media / Shutterstock
Average Annual Benefit in 2021: $ 18,622
Oregon has 998,643 social security retirees, federal figures show.
In 2020, their benefits averaged $ 1,531.92 per month and $ 18,383 for the full year.
According to our calculations, seniors in Beaver State will get $ 1,551.84 per month for the next year.
Would it be a challenge for you to make a living from that crowd? Look for ways to save more money each month, starting with a lower price on your car insurance.
25. Iowa
goodluz / Shutterstock
Average Annual Benefit in 2021: $ 18,665
In Iowa, 482,117 retirees are receiving benefits, according to the Social Security Administration.
According to our calculations, they received $ 1,535.46 per month from the program and an annual income of $ 18,425.48 for 2020.
Iowa Social Security recipients will get $ 1,555.42 per month, up 1.3% next year.
24. Nebraska
marekuliasz / Shutterstock
Average Annual Benefit in 2021: $ 18,698
In Nebraska, 257,481 retirees receive benefits, which we calculated to average $ 1,538.18 per month in 2020 and $ 18,458.11 for the year as a whole.
Nebraska is another of the 13 states that tax the social security benefits of at least some retirees, AARP says.
Cornhusker state retirees will be paid $ 1,558.17 per month for the next year.
Since Social Security isn't enough for a comfortable retirement, investing is key to building your nest egg. With a popular investment app, you can get started for as little as $ 1 and never charge commissions or trading fees.
23. South Carolina
Diego Cervo / Shutterstock
Average Annual Benefit in 2021: $ 18,760
In South Carolina, 828,566 retirees receive social security benefits, according to government figures.
We estimate that in 2020 they received an average of $ 1,543.28 per month, or $ 18,519.36 for the full year.
South Carolina Social Security recipients will be earning $ 1,563.34 per month, up 1.3% next year.
22. Colorado
iofoto / Shutterstock
Average Annual Benefit in 2021: $ 18,785
Colorado has 665,194 Social Security retirees, and their 2020 benefits averaged $ 1,545.31 per month, or $ 18,543.68 per year.
The Centennial State is also one of the 13 states that levy taxes on social security benefits, AARP says.
Our math shows seniors in Colorado will be earning $ 1,565.40 per month for the next year.
Do you need to save more for retirement? This often leads to the fact that you are now spending less. A free browser extension can reduce your bills when you shop online by showing you the lowest price every time.
21. Vermont
Christine Glade / Shutterstock
Average Annual Benefit in 2021: $ 18,862
In Vermont, 109,498 retirees are receiving Social Security benefits, which we calculate averaged $ 1,551.65 per week in 2020, or $ 18,619.81 for the full year.
Vermont is another of the 13 states that levy taxes on social security benefits, AARP says.
Green Mountain State retirees will get $ 1,571.82 per month for the next year.
20. Wyoming
Diane Isabel / Shutterstock
Average Annual Benefit in 2021: $ 18,912
In this sparsely populated state, 85,085 are receiving social security benefits, according to the program.
We estimate that they typically received $ 1,555.76 a month in 2020 or $ 18,669.09 over the course of the year.
Taking into account a 1.3% increase over the next year, Wyoming Social Security recipients will get $ 1,575.98 per month.
Before you retire, you can grow your savings by taking on a side gig that uses your talents. An online freelance marketplace can help you find someone willing to pay for your skills.
19. Illinois
Fotoluminate LLC / Shutterstock
Average Annual Benefit in 2021: $ 18,924
According to the Social Security Administration, 1.63 million retirees in Illinois receive benefits.
They received an average of $ 1,556.74 per month in 2020, or an annual program income of $ 18,680.83 as we calculate.
With a 1.3% increase for the next year, Illinois seniors are getting $ 1,576.97 per month.
18. Arizona
Andy Dean Photography / Shutterstock
Average Annual Benefit in 2021: $ 18,960
In Arizona - another state that is home to many retirees - 1.04 million retirees are subject to National Insurance.
We estimate that in 2020 they were earning an average of $ 1,559.72 per month and an annual income of $ 18,716.66.
Retirees in Grand Canyon State will get $ 1,579.00 per month for the next year.
17. Rhode Island
Kate Elliott / Shutterstock
Average Annual Benefit in 2021: $ 19,023
In Rhode Island, 160,706 retirees are receiving benefits that averaged $ 1,564.92 per month in 2020, or $ 18,779.08 for the year as a whole.
The Ocean State is one of the 13 states that tax social security benefits, according to the AARP.
According to our calculations, seniors in Rhode Island will be paid $ 1,585.27 per month for the next year.
16. Wisconsin
Suzanne Tucker / Shutterstock
Average Annual Benefit in 2021: $ 19,079
In Wisconsin, 923,461 retirees have social security benefits.
According to our calculations, in 2020 they were receiving an average of $ 1,569.55 per month, or an annual income from the program of $ 18,834.60.
Wisconsin Social Security recipients will get $ 1,589.95 per month, up 1.3% next year.
With the help of an app that invests your change by rounding up your daily purchases, you may be able to put more money aside for your retirement.
15. Utah
Melissamn / Shutterstock
Average Annual Benefit in 2021: $ 19,128
In Utah, 296,554 retirees will receive benefits averaging $ 1,573.53 per month and $ 18,882.40 for 2020 as a whole.
Utah is another of the 13 states that levy state taxes on social security benefits, according to AARP.
According to our calculations, seniors in Beehive State will get $ 1,593.99 per month for the next year.
14. Virginia
Steve Heap / Shutterstock
Average Annual Benefit in 2021: $ 19,185
Social Security Administration data shows 1.11 million senior citizens in Virginia receive benefits.
We estimate they received $ 1,578.22 per month in 2020 and $ 18,938.68 for the full year.
Virginia Social Security recipients will get $ 1,598.74 per month, up 1.3% next year.
13. New York
William Perugini / Shutterstock
Average Annual Benefit in 2021: $ 19,192
In New York, 2.6 million retirees will receive benefits averaging $ 1,578.79 per month for 2020 or $ 18,945.49 for the year.
The first official Social Security number was 055-09-0001 - issued in 1936 to 23-year-old John Sweeney Jr. of New Rochelle, New York.
Our math shows that seniors in the Empire State will be paid $ 1,599.32 per month for the next year.
12. Kansas
PointImages / Shutterstock
Average Annual Benefit in 2021: $ 19,229
In Kansas, 402,018 retirees are receiving benefits that averaged $ 1,581.88 per month in 2020 and $ 18,982.61 for the full year.
Kansas is also among the 13 states that levy taxes on some social security benefits, according to the AARP.
According to our calculations, seniors in Sunflower State will be paid $ 1,602.45 per month for the next year.
11. Massachusetts
Pierrette Guertin / Shutterstock
Average Annual Benefit in 2021: $ 19,234
In Massachusetts, 901,679 retirees are on Social Security benefits.
We estimate they were receiving an average of $ 1,582.27 per month, or $ 18,987.19 per year, in 2020.
After a 1.3% increase over the next year, Bay State Social Security recipients will receive $ 1,602.84 per month.
10. Pennsylvania
Rawpixel.com / Shutterstock
Average Annual Benefit in 2021: $ 19,246
In Pennsylvania, 2.01 million retirees receive social security benefits, according to the latest government data.
In 2020, they received an average of $ 1,583.23 per month from the system and $ 18,998.77 over the year.
We expect seniors in Keystone State to earn $ 1,603.81 per month over the next year.
9. Indiana
Kzenon / Shutterstock
Average Annual Benefit in 2021: $ 19,293
In Indiana, 946,375 retirees are insured and we calculated to receive an average of $ 1,587.15 per month in 2020 and $ 19,045.83 for the year as a whole.
That's not a lot to live on. This is why it is so important to put money away during the working years so that you can access savings when you retire.
If the Social Security increase increases by 1.3% over the next year, Indiana beneficiaries will receive an average of $ 1,607.79 per month.
8. Minnesota
Edgar Lee Aspen / Shutterstock
Average Annual Benefit in 2021: $ 19,380
In Minnesota, 784,382 seniors are receiving Social Security benefits averaging $ 1,594.25 per month in 2020 and $ 19,131.00 for the year as a whole.
Minnesota is another of the 13 states that levy state income taxes on social security benefits, AARP says.
Our math found that North Star State seniors will typically get $ 1,614.98 per month for the next year.
7. Washington
Julie DeGuia / Shutterstock
Average Annual Benefit in 2021: $ 19,548
There are 1.01 million retirees in Washington who are subject to social security contributions. It is one of 14 states with over 1 million beneficiaries.
We estimate Washingtoners to have received an average of $ 1,608.13 monthly payments and an annual income of $ 19,297.61 in 2020.
Evergreen State retirees will be paid $ 1,629.04 per month for the next year.
6. Michigan
Lindsay Snow / Shutterstock
Average Annual Benefit in 2021: $ 19,649
In Michigan, 1.54 million retirees receive Social Security benefits.
By our calculations, they received an average of $ 1,616.43 per month from the program and an annual income of $ 19,397.18.
After a 1.3% increase over the next year, Great Lake State Social Security recipients will earn $ 1,637.44 per month.
5. Maryland
Steve Heap / Shutterstock
Average Annual Benefit in 2021: $ 19,746
In Maryland, the state where Social Security is headquartered (in the suburb of Woodlawn, Baltimore), 742,552 retirees are receiving benefits, which averaged $ 1,624.37 per month in 2020 and $ 19,492.47 for the year as a whole.
Despite the relatively large payouts, there are many other reasons why you probably wouldn't want to retire in Maryland.
According to our calculations, seniors in Old Line State will be paid $ 1,645.49 per month for the next year.
4. New Hampshire
Denise Lett / Shutterstock
Average Annual Benefit in 2021: $ 19,990
This New England state receives 220,989 benefits, which averaged $ 1,644.42 per month and $ 19,733.04 per year in 2020.
The lowest Social Security number ever given was given to Grace Owen of Concord, New Hampshire, in 1936. It was: 001-01-0001.
According to our calculations, seniors in the Granite State will be paid $ 1,665.80 per month for the next year.
3. Delaware
CREATISTA / Shutterstock
Average Annual Benefit in 2021: $ 20,164
In Delaware, 162,952 elderly people are subject to social security contributions, according to the agency.
We estimate they were receiving an average of $ 1,658.79 per month in 2020 and a typical annual benefit of $ 19,905.45.
Including the 1.3% increase in Social Security next year, Delaware beneficiaries will receive $ 1,607.79 per month.
2. Connecticut
Edward Fielding / Shutterstock
Average Annual Benefit in 2021: $ 20,486
In Connecticut, 512,703 retirees have social security benefits. We estimate they received an average of $ 1,685.29 per month and $ 20,223.45 for the full year.
Connecticut is the last of the 13 states to levy taxes on social security benefits, according to the AARP.
Retirees in Nutmeg State will earn an average of $ 1,707.20 per month for the next year.
1. New Jersey
Breakwater Media / Shutterstock
Average Annual Benefit in 2021: $ 20,537
In Garden State, 1.21 million elderly people receive the highest average social security contributions: $ 1,689.42 per month in 2020 or $ 20,273.09 for the full year, according to our calculations.
Let's face it: $ 20,273 isn't a huge income. You should get life insurance to make sure your loved ones are not burdened with more than just grief when you are away. Nowadays it is very easy to compare guidelines and get the best possible price.
After increasing by 1.3% in 2021, New Jersey Social Security recipients are typically earning $ 1,711.39 per month.

You should check here to buy the best price guaranteed products.

Last News

Underwater video shows ash covering La Palma sea life

Laundrie family lawyer said Brian was 'visibly upset' when he left for the reserve, and his father 'wished he hadn't left but he couldn't stop him'

Michael J. Fox Opens Up About His Health, Life with Tracy Pollan: 'I'm in a Really Good Groove'

CDC director discusses signing off on Moderna, J&J vaccines

Former Alitalia hostesses strip off for protest

Trump's TRUTH Social may be sued over apparent breach of open-source software terms