Retired Americans on Social Security will receive an average benefit of $1,503 in 2020, a rise of 1.6% from the $1,479 in 2019. But the amounts vary by state. Here are 20 states where retirees receive the highest social security benefits.
In Wyoming, a sparsely populated state, 82,101 retirees were collecting benefits averaging $1,485.18 per month in 2018. That's the same as $17,822.19 per year.
In Illinois, 1,590,343 retirees were collecting benefits averaging $1,491.30 per month in 2018. That works out to an average annual income of $17,895.63.
In Arizona, 992,575 retired workers were collecting benefits averaging $1,491.45 per month in 2018. That calculates to an average annual income of $17,897.44. Arizona is one of the states that draw a large number of retirees.
In Rhode Island, 156,598 retirees were collecting benefits averaging $1,493.31 per month, or $17,919.77 a year in 2018. Rhode Island is also one of the 13 states that tax Social Security benefits.
In Utah, 284,754 retirees were collecting benefits averaging $1,500.79 per month or $18,009.44 a year in 2018. Utah is also among the 13 states that levy taxes on Social Security benefits.
In Wisconsin, 896,146 retirees were collecting benefits averaging $1,502.04 per month in 2018. The math works out to $18,024.45 per year.
In Virginia, 1,078,144 retired workers were collecting benefits averaging $1,507.01 per month in 2018. That's the same as an income of $18,084.17 a year.
In Massachusetts, 878,840 retirees were collecting benefits averaging $1,508.65 per month in 2018. Multiply by 12 and you get $18,103.76 a year.
In Kansas, 391,286 retirees were collecting benefits averaging $1,512.09 per month or $18,145.06 a year in 2018. Kansas is another of the 13 states that collect taxes on some Social Security benefits.
In New York, 2,548,783 retirees were collecting benefits averaging $1,514.50 per month, or $18,174.04 a year in 2018. The first official Social Security number issued in 1936 was 055-09-0001, and it's given to then 23-year-old John Sweeney Jr. of New Rochelle, New York.
In Pennsylvania, 1,966,422 retirees were collecting benefits averaging $1,515.44 per month in 2018. That works out to $18,185.31 a year.
In Minnesota, 761,515 retirees were collecting benefits averaging $1,521.45 per month or $18,257.40 a year in 2018. Minnesota is also one of the 13 states that collect taxes on Social Security benefits.
In Indiana, 921,226 retirees were collecting benefits averaging $1,522.20 per month in 2018. The math works out to an average annual Social Security payment of $18,266.36.
In Washington, 970,010 retirees were collecting benefits averaging $1,535.96 per month in 2018. Multiply by 12 and you get an annual income averaging $18,431.57.
In Maryland, 720,910 retirees were collecting benefits averaging $1,548.85 per month in 2018. That's equivalent to $18,586.14 a year. In spite of the relatively high benefits in Maryland, there are many other reasons you probably wouldn't want to retire here.
In Michigan, 1,498,279 retired workers were collecting benefits averaging $1,551.19 per month in 2018. That works out to Social Security payments averaging $18,614.28 a year.
In New Hampshire, 213,708 retirees were collecting benefits averaging $1,566.21 per month, or $18,794.49 per year in 2018. Grace Owen of Concord, New Hampshire got the lowest Social Security number ever issued. That's 001-01-0001.
In Delaware, 156,16 retirees were collecting benefits averaging $1,584.12 per month in 2018. That calculates to an average annual Social Security payment of $19,009.38.
In Connecticut, 501,724 retirees were collecting benefits averaging $1,611.88 per month, or $19,342.59 a year in 2018. Connecticut is one of the 13 states that collect taxes on Social Security benefits, according to AARP.
New Jersey retirees receive the largest average Social Security payments, according to the Social Security Administration. In the Garden State, 1,181,229 retirees were collecting benefits averaging $1,616.80 per month, or $19,401.58 a year in 2018.
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