Polk ranks in top 10 for social security
Published 6:01 pm Wednesday, December 29, 2021
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Study ranks Polk County as 5th in state where social security stretches the furthest
POLK COUNTY—Polk County retirees bode a little better than most as far as being able to live on social security.
A recent study by SmartAsset ranked Polk County as the 5th highest in the state where social security income stretches the furthest. The study analyzed social security income in each county against the cost of living to identify where retirees’ social security income is the best.
Polk ranked behind Transylvania, Brunswick, Yancey and Stanly counties.
Polk County’s cost of living was found to be $19,926, compared to an annual social security of $21,617, according to the study.
Following is a chart of the top 10 counties out of North Carolina’s 100 counties.
Rank | County, State | Cost of Living | Annual Social Security | Social Security Taxed? | Social Security Goes Furthest – Index |
1 | Transylvania, NC | $19,799 | $22,517 | No | 82.29 |
2 | Brunswick, NC | $21,354 | $23,445 | No | 79.82 |
3 | Yancey, NC | $18,771 | $20,829 | No | 79.70 |
4 | Stanly, NC | $18,030 | $19,986 | No | 79.29 |
5 | Polk, NC | $19,926 | $21,617 | No | 78.25 |
6 | Haywood, NC | $18,845 | $20,243 | No | 77.09 |
7 | Chatham, NC | $20,876 | $22,160 | No | 76.64 |
8 | Watauga, NC | $20,163 | $21,382 | No | 76.39 |
9 | Henderson, NC | $20,537 | $21,731 | No | 76.29 |
10 | Pamlico, NC | $19,670 | $20,555 | No | 75.07 |