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These monthly savings also include Social Security.
GOBankingRates data notes that average monthlySocial Security benefitsare $1,876 for one person.
Using this data, the percentage of the population ages 65 and over was calculated.
The average single-family home value was sourced from Zillow Home Value Index for October 2024.
The average Social Security benefits were sourced from the Social Security Administration for each state.
All data was collected on and is up to date as of Nov. 15, 2024.
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