Oregon Ranked One of Worst States in U.S. for Military Retirees

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Tuesday, May 22, 2018

GoLocalPDX News Team

Oregon is one of the worst states in the country for military retirees.

According to a recent study completed by WalletHub, Oregon is the second worst state in the U.S. for military retirees.

“Retirement is typically viewed as the end of the line — a time for rest, relaxation and the pursuit of interests long ago put on the back burner. But the story is far different for military retirees who must deal with the trials of reassimilation into civilian life. For starters, the average officer is only 45 years old — 42 for nondisability enlisted personnel — upon retirement from service. Many of those who reenter the job market face tough challenges during the transition while others struggle with more difficult problems, such as Posttraumatic Stress Disorder, disability, and homelessness,” said WalletHub.

Oregon’s Rankings

• 48th - Highest % of Homeless Veterans
• 47th - Least Affordable Housing
• 47th Best - Economic Environment
• 50th Best - Quality of Life
• 50th Best - Healthcare

 

The Rankings

Oregon ranks directly behind Nevada and Vermont, who rank 48th and 49th respectively.

Oregon ranks ahead of only the District of Columbia, who ranks last.

Florida is ranked as the best state in the country for military retirees.

See the full rankings in the map below

The Method

In order to determine the best and worst states for military retirement, WalletHub compared the 50 states and the District of Columbia across three key dimensions: 1) Economic Environment, 2) Quality of Life and 3) Healthcare.

They evaluated those dimensions using 27 relevant metrics. Each metric was graded on a 100-point scale, with a score of 100 representing the most favorable conditions for military retirees.

They then determined each state and the District’s weighted average across all metrics to calculate its overall score and used the resulting scores to rank-order our sample.

Economic Environment – Total Points: 33.33

• State Tax on Military Pension: Triple Weight (~5.56 Points)
• Tax-Friendliness: Full Weight (~1.85 Points)
• Share of Veteran-Owned Businesses: Full Weight (~1.85 Points)
• Dollars in Defense Department Contracts per Capita: Full Weight (~1.85 Points)
• Job Opportunities for Veterans: Triple Weight (~5.56 Points)
• State Authorization for Veterans’ Preference in Private Hiring: Full Weight (~1.85 Points)
• Veteran Job Fairs per 100,000 Veterans: Full Weight (~1.85 Points)
• Job Growth (2017 vs. 2016): Full Weight (~1.85 Points)
• Military Bases & Installations per 100,000 Veterans: Full Weight (~1.85 Points)
• Total VA Expenditure per Number of Veterans: Full Weight (~1.85 Points)
• Presence of State Help for Returning Veterans: Full Weight (~1.85 Points)
• Presence of Academic Credit for Military Service: Full Weight (~1.85 Points)
• Housing Affordability: Full Weight (~1.85 Points)
• Cost-of-Living Index: Full Weight (~1.85 Points)

 

Quality of Life – Total Points: 33.33

• Share of Veterans: Full Weight (~3.51 Points)
• Share of Veterans Not Receiving SNAP: Full Weight (~3.51 Points)
• Share of VA Benefits-Administration Facilities per Number of Veterans*: Double Weight (~7.02 Points)
• Quality of University System: Full Weight (~3.51 Points)
• Arts, Leisure & Recreation Establishments per Capita: Half Weight (~1.75 Points)
• Share of Population Aged 40 & Older: Full Weight (~3.51 Points)
• Share of Homeless Veterans: Double Weight (~7.02 Points)
• Idealness of Weather: Full Weight (~3.51 Points)

 

Health Care – Total Points: 33.33

• Number of VA Health Facilities per Number of Veterans*: Full Weight (~4.76 Points)
• Federal, State, Local & Private Hospitals per Capita: Full Weight (~4.76 Points)
• Physicians per Capita: Full Weight (~4.76 Points)
• Quality of VA Hospitals: Triple Weight (~14.28 Points)
• Presence of Veteran-Treatment Courts: Full Weight (~4.76 Points)

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