Retirement Income Revealed: Ann Arbor, Michigan Tops List with $30,428 in Social Security
Ann Arbor, Michigan, is known for having the highest Social Security income among retirees in the United States, according to a recent report. The average amount of Social Security income for retirees in Ann Arbor stands at $30,428, as per a SmartAsset analysis. Social Security benefits are based on the amount of taxes paid into the system during one’s working years, with higher income translating to a larger benefit. However, there is a cap on …