These 10 States Receive the Most Social Security
Social Security benefits are paid out through a complex formula that factors in how much a taxpayer earned during their working career and at which age they file for benefits. When taken en masse, the average Social Security retirement payout for all retired workers as of January 2024 was $1,907, but the maximum possible benefit reached $4,873.
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To determine which states received the most Social Security, GOBankingRates accessed data from the Social Security Administration regarding the total benefits paid by state, along with the number of Social Security beneficiaries in each state. For purposes of this analysis, only Old-Age, Survivors and Disability Insurance, or OASDI, was included. Supplemental Security Income (SSI) was not considered. States are ranked in reverse order, with the state receiving the most Social Security ranked No. 1. Read on to look at the 10 states that receive the most — and then find out about the states that receive the least.
10. Georgia
Total Social Security Received: $3.21 billion
Total Number of Recipients: 1,945,822
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9. North Carolina
Total Social Security Received: $3.8 billion
Total Number of Recipients: 2,234,888
8. Illinois
Total Social Security Received: $3.99 billion
Total Number of Recipients: 2,285,265
7. Ohio
Total Social Security Received: $3.99 billion
Total Number of Recipients: 2,427,966
6. Michigan
Total Social Security Received: $4.01 billion
Total Number of Recipients: 2,269,413
5. Pennsylvania
Total Social Security Received: $5.1 billion
Total Number of Recipients: 2,898,240
4. New York
Total Social Security Received: $6.44 billion
Total Number of Recipients: 3,710,827
3. Texas
Total Social Security Received: $7.5 billion
Total Number of Recipients: 4,568,465
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2. Florida
Total Social Security Received: $8.5 billion
Total Number of Recipients: 4,986,213
1. California
Total Social Security Received: $10.4 billion
Total Number of Recipients: 6,251,295
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This article originally appeared on GOBankingRates.com: These 10 States Receive the Most Social Security
