Where you live may determine how much you receive from Uncle Sam once you retire. We crunched the numbers, calculating the total Social Security benefit paid per state in 2013 divided by the number of beneficiaries to come up with an average annual payout per state.1 While many factors go into calculating payouts, residents of certain states such as New Jersey or Michigan receive significantly more money than those from North Dakota or Louisiana.
Some of the data is quite surprising. While you would expect the richer states to have higher payouts (ex. Connecticut, New Hampshire, New Jersey, Maryland), we didn’t expect to see Michigan near the top of the list. It could be that residents there tend to have longer work histories, so have paid in more during their working careers. It could also be that they retire at an older age.
Annual Social Security benefit per state: