9 Worst U.S. States To Retire
7) North Carolina
![north carolina 730x350](https://www.thefinancialword.com/wp-content/uploads/2015/11/north-carolina-730x350.jpg)
The mild winters in North Carolina would have been ideal for people 65 years and older who want nothing but to spend their retirement days in comfort.
![Advertisement](https://www.thefinancialword.com/wp-content/uploads/2015/03/Advert300.gif)
However, the above average costs of living in the Tar Heel country don’t quite break even with a typical household’s income. The average income for all households in North Carolina is $64,490, which is 14% less than the average for the entire United States. Even worse, the income of older residents, specifically those 65 years or more, is 18.3% below average. Still, the state has a flat income tax rate of 5.75%, which they put in effect this year. Poverty is also a problem in North Carolina, with 10% of seniors living below the line. Whereas the 15.4% of the entire United States live below the poverty line, the rate for North Carolina is a staggering 17.5%!
![Advertisement](https://www.thefinancialword.com/wp-content/uploads/2015/03/Advert300.gif)
![Advertisement](https://www.thefinancialword.com/wp-content/uploads/2015/03/Advert300.gif)