Overall, Fredericksburg is one of the best places to retire in Texas for those on a budget, but also in general; seeing as 30% of its population are senior citizens. Read 2 reviews. NewHomeSource.com is a trademark of Builders Digital Experience, LLC and all other marks are either trademarks or registered trademarks of their respective owners. While driving through the neighborhood you are filled with so much joy. FEMA National Risk Index for Natural Hazards, growing threat to the finances and wellbeing of retirees who have clustered in those areas. Here are the best places to retire in Texas: Living in Texas we already know how great it is, but these 10 best places to retire in Texas are supposed to be pretty swell to settle down. If its city living you want, look at New Braunfels, 30 minutes away on the Comal and Guadalupe rivers, home to 90,000 people and with easy interstate access to both Austin and San Antonio. But look at rapidly growing Denton. Whether a Texas retirement is imminent or just a distant dream, finding a financial advisor can help you get prepared. Best known for its Riverwalk, San Antonio is among the best towns to retire in Texas for its history. Another city confirming why the answer to is Texas a good place to retire? is yes is Amarillo. Everything's within walking distance, well-maintained streets, good safety, and its an overall gorgeous city. Read 22 reviews. Very safe, friendly with abundant hiking trails and scenery and great access to 2 championship Jack Nicholas Courses, World of tennis, Lake Travis around the. Current Resident: Lakeway is the best place to grow up/raise a family! But assuming youre good with 100-degree days, you can certainly find places that offer what you are looking for, all with different personalities. Debt and waiting until a financial situation improves are top justifications financial advisors hear. It also has good proximity to Houston where you can enjoy all the amenities the big city offers while living in a small, quaint town. The families are all so close and are always looking out for each other. I estimate my monthly retirement income in the range of $3,750 to $4,200. Visit a quote page and your recently viewed tickers will be displayed here. It does attract a decent tourist population, but this also means youll have plenty of restaurants and shops nearby. and have not been previously reviewed, approved or endorsed by any other 15 What is the best month to retire in 2021? The average mortgage usually hovers around $600, the weather is some of the best in Texas, and golf, libraries, and restaurants are all easily accessible. Featured Review: Nearby Resident says It's a beautiful neighborhood! Here are the best cities to retire in Texas: Population: 429,120Share of population age 60+: 20%Median monthly mortgage cost: $1,527Median monthly rent: $1,048. To empower a confident, worry-free retirement for everyone. A little bit in the middle of nowhere, but the view is worth it. Read 16 reviews. Set to the north of Houston, Humble ranks fourth on this list for medical centers. Featured Review: Current Resident says Decordova is located in Granbury, TX. From when to retire to how much to save, here are expert-backed answers to crucial retirement questions. Well, Granbury has 0.80 retirement communities per 1,000 residents, the highest number of any city on this list. Brownsville is bordered by Matamoros, Mexico. Learn how to stop stressing about money matters and start enjoying your free time with these pro tips. If youre a fan of the movie Back to the Future, Humble has one thing going for it: it is the home to the DeLorean Motor Company. Retirables retirement calculator helps to project how much monthly retirement income your retirement nest egg can produce while ensuring your savings last as long as you need. To get a sense of the housing market, heres whats on the market now. San Antonio is the ideal place to combine a scenic Texas Hill Country retirement with the amenities of a large . Here are the 10 most conservative places in Texas for 2019: Pampa ( Photos) Bowie ( Photos) Perryton ( Photos) Breckenridge ( Photos) Childress ( Photos) Borger ( Photos) Silsbee Lumberton Eugene, Oregon Population: 377,749 Share of population age 60+: 26% Median monthly mortgage cost: $1,586 Median monthly rent: $1,037 This college town is home to the University of Oregon,. These two big schools also offerauditing options. Not to mention, the schools are fantastic! How We Determined the Best Places to Retire. One-bedroom rent: $786.89. Central Texas Fredericksburg offers easy access to two of Texas major cities: both Austin and San Antonio are just over an hour away by car. El Paso. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Subscribe to our daily newsletter to get investing advice, rankings and stock market news. Your email address will not be published. For these 226, we looked at the following criteria taken from the Census, the FBI's Crime Report, National Weather Service, and OpenFlights: We then ranked each of these places for each criteria from one to 226, with the lowest number being the best. After growing up in Lakeway, I can not wait to bring back my own family some day to this area. Many cities in Texas have ample job opportunities for retirees looking to launch a second career and top doctors and hospitals that can help manage health conditions, according to a recent U.S. News analysis of the 150 largest U.S. metropolitan areas as potential retirement spots. It is also a beautiful place to live.. 4 Niche users give it an average review of 4.3 stars. San Antonio has an energy that's both lively - due to the upbeat Hispanic culture - and laid-back. The teachers make it clear that they are there to help us, and are understanding with what we are struggling with. Retirement in Texas comes with mild winters, low taxes and affordable housing. America's second-most populous state is a haven for retirees. We love the community and everything it has to offer. In Travel & Leisure's roundup of the best places to retire, 11 American cities topped the list, with one Texas destinationthe Dallas/Fort Worth metro arealanding a spot. 4 Niche users give it an average review of 3.8 stars. Taking classes keeps your mind sharp, helps you network and may even be free. In fact, its the oldest city in the state. Living on a coast boosts happiness, health and well-being, according to a 2020 report. I will be buying a house and selling the one in Maine. A warm climate and plenty of bustling towns make it popular with many retirees. on this page is accurate as of the posting date; however, some of our partner offers may have expired. While not related to the manufacturers of the original car, it still supports owners of the classic gull-winged autos. This seaside city is an affordable place to retire near the Gulf of Mexico. The last entry on this list is Burnet, a central Texas city located just an hour north of Austin. It also leads this list in terms of recreation centers, with 3.61 recreation centers per 1,000 residents. But Covid-19 also led to a jump in the number leaving the workforce3.2 million retired in 2020, more than double the number the year before. You can't beat the schools (Hidden Forest, Bradley, Churchill) and teachers. Hike the, Next up is the Alamo City. The city is located just 10 minutes from Waco, the home of Baylor University. Youll get a low cost of living and warm climate, along with easy access to medical care. Livingston is another Houston suburb. Plus, we consider factors that promote an active retirement. 5. I highly recommend coming out for a visit. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. 8 Niche users give it an average review of 4.8 stars. Featured Review: Current Resident says Would like public lake access for all Hudson bend residents. It has a 65 . Outside of work, you can likely find her curled up on the sofa with a hot cup of coffee, watching a crime TV show or scary movie. It has 8.44 medical centers per 1,000 residents. 6. Retirees may be able to visit or volunteer at the Texas State Aquarium, USS Lexington or South Texas Botanical Gardens and Nature Center. As for fresh water, youd be close to Ray Roberts Lake State Park and a nearly 46-square-mile lake. When we retire, we lose a lot. How to avoid retirement shock. To get a sense of the housing your money can buy, heres whats on the market now in Canyon Lake and New Braunfels, using listings from Realtor.com (which, like MarketWatch, is owned by News Corp). To create our list of the best places in Texas to retire, we first used Census data to find all places in the Lone Star State -- 1687 cities and towns. We also look closely at taxes and the strength of the local economy (should retirees want to work part time or resell their homes), the availability of medical care, the level of serious crime and factors conducive to a healthy and active lifestyle, such as air quality, and convenience for walking and biking. The tax burden here is 15.30%, which is on the low end compared to other cities on this list. San Antonio. We and our partners use cookies to Store and/or access information on a device. Youll get year-round warm weather and access to all the amenities that come with living in a larger town. The city also has 1.53 recreation centers and 0.57 residential communities per 1,000 residents, placing it fourth on this list in both categories. And in how many other places can you still find a drive-in movie theater? But we also identify inviting locales in Massachusetts, Minnesota, Pennsylvania, and North Dakota; indeed, Fargo is the only city to make the list all 11 years weve compiled it. We earn $400,000 and spend beyond our means. We have a brand new community center and pool with a basketball court, sand volleyball court, tennis courts, walking path, and exercise equipment. 12 Niche users give it an average review of 4.2 stars. That means that there are plenty of places for you to move where youll find a built-in community. The area is beautiful and the schools are excellent. #2 Best Places to Retire in Texas Shenandoah Suburb of Houston, TX 4 reviews A minus Overall Niche Grade A+ Public Schools A+ Good for Retirees Population 3,350 View nearby homes #3 Best Places to Retire in Texas Hollywood Park Suburb of San Antonio, TX 12 reviews Current Resident: This is such a family friendly neighborhood. 5 Niche users give it an average review of 3.4 stars. We also consider the local economy, since many retirees look for part-time work and down the road might want to sell their home and relocate again. But what makes it one of the best places to retire in Texas is its relatively low housing prices. From beautiful beaches to great food to a comfortable climate, and even the, McAllen is a border town that serves as the retail, international trade, tourism, and manufacturing. Some cities are more historic in nature, while many others are more geared toward families and suburban life. My friends and I love to drive through that neighborhood and admire the homes that are there. Featured Review: Former Resident says Honestly, such a great neighborhood and in a really good suburb with lots of things to do and a really good education system!. I am tired of both the rat race and workplace politics. Should I retire? They also wanted low taxes and reasonable living costs, mild weather and a lively cultural scene. Texas's largest city clocks in at #120. Retirable can help set you up with a plan for achieving your retirement goals no matter where you decide to live. Moon light nights are the best. The cost to buy is ridiculous and rent is very high. SmartAssets services are limited to referring users to third party advisers registered or chartered as fiduciaries ("Adviser(s)") with a regulatory body in the United States that have elected to participate in our matching platform based on information gathered from users through our online questionnaire. For flexibility and a sense of purpose, consider these jobs for people over 50. So what part of Texas has the best weather? We just kept putting on and taking off masks, Steve shrugs. However, Richmond shines for its number of recreation centers. Time to drop the disability coverage and review your other plans. Is it the hometown restaurants, the cost of living, or the friendly communities? Listmakers were selected based on an assortment of data and amenitiesfrom affordability and action to walkability . Santa Fe, Texas. The town has 17.60 medical centers per 1,000 residents, which is the most of any city on this list. America's second-most populous state is a haven for retirees. It offers countless opportunities to explore the outdoors while also enjoying the young city life. Nearby Resident: Shavano Park is an established neighborhood that conveniently located near good schools, grocery stores, and retail shopping. It has the second-to-lowest senior population of any city on this list, with seniors comprising just 10.60% of the population. Woodway is a suburb of Waco, and it ranks third on this list for medical centers, with 10.61 medical centers per 1,000 residents. Brownsville-Harlingen tops the list as the cheapest place to live in Texas. We have our own police and fire departments keeping us safe and comforted. The Texas certified retirement community program is run by the Texas Department of Agriculture. In Texas, you may not be surrounded by luscious green grass, but you can make a decent cactus garden, ride horses, and eat delicious BBQ. Hideaway is filled with old residents but the new and young ones keep it live and well. We considered the retiree tax burden, knowing that retirees will want to protect their retirement savings as best they can. The tax burden in Katy is 16.40%, placing Katy seventh on this list for that metric. This is a gated community located on the outside of Granbury. Silvia Ascarelli is a senior news editor for MarketWatch based in New York. First-time Homebuyers Guide Austin 2021; Visit Frisco Austin . The drawback is youll have a longer drive to college classes, airports and hospitals. Featured Review: Current Resident says The community here had always been great. Corpus Christi Population: 429,120 Share of population age 60+: 20% Median monthly mortgage cost: $1,527 Median monthly rent: $1,048 The. Are you surprised to see any of these cities on the list? Cameron. The community has gone above and beyond with the seniors in our community. He believes the key to finding the right place to live comes down to looking at the data, reading about things to do, and, most importantly, checking it out yourself before you move. Here are the best cities to retire in Texas: 10. (Read about why, here.). 17 Niche users give it an average review of 4.4 stars. Please, 2022 Places with the Lowest Cost of Living. El Paso is often ranked as the cheapest place to retire in Texas, but it also gets high marks for the overall happiness rating of its residence. This story was published at an earlier date and has been updated with new information. OnlyInYourState may earn compensation through affiliate links in this article. But what makes it one of the best retirement communities in Texas is its many parks and walking trails. Situated next to Lake Waco and having so many wooded areas, we often find families of deer in our yards! Houston and its cultural attractions are just over half an hour from Tomball, which might be attractive to people considering moving to this Texas city. The people here in Plano are so diverse, and so hospitable! Sometimes it makes more sense for one member of a married couple to keep working. We also have Carleen Bright Arboretum, which is a beautiful place to hike and see trees and flowers where people from all around enjoy nature, garden shows, and even get married. For more information, see our Form ADV Part II and other disclosures. We are looking forward to a healthy peaceful retirement with our grandchildren,. Current Resident: I would choose Colleyville as my hometown over and over again. Del Rio 9. It's an active town, with people always out walking, cycling, and boating and the. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. The biggest factors we take into account involve money, including median home prices and overall cost of living compared to the national average, and state taxes, including special income tax exemptions for Social Security and other retirement income and state estate/inheritance taxes. These include ratings by walkscore.com for walkability (how easy it is to shop and get to places on foot) and by walkscore.com and the League of American Bicyclists on whether dedicated lanes and other measures make it easy to bike around town. This Gulf Coast town is one of the best cities to retire in Texas if youre looking for a beachfront community. Join the line of people heading to the Lone Star State about 1,500 every day in 2018. This suburb does a great job about catering to. Current Resident: It's a great place to live. The Padre Island National Seashore provides a 70-mile stretch of undeveloped coastline to enjoy the sand, sun and wildlife. The 5 Best Places To Retire. This allows for a variety of people to come and enjoy our many town traditions. This is our tenth time ranking the best places to retire in Texas. Texas may not be the most tax-friendly state for retirees, but it does have a low cost of living. I would like a good hospital and airport within a one-hour drive. We compare data on nearly 800 places, with populations above 10,000, in all 50 states. It has 2.02 recreation centers per 1,000 residents, the third most of any city on this list. The teachers are all invested in their students' education, and there are many courses to choose from. Katy, located just a half hour west of Houston, leads this list and is also in the top 20 places to retire across the U.S. If the sale of your home in Maine means youve got the money to afford a lake house, why not consider Canyon Lake in whats dubbed the Hill Country Coast? Brownsville 7. The town is great when coming to education producing great students by great teachers. 31 Niche users give it an average review of 4 stars. If Florida is too beachy and California is too West Coast, then there is another state that many people consider for retirement living: Texas. 27 Niche users give it an average review of 4.9 stars. While New Braunfels has a hospital, you could also go to San Antonio or Austin for care. Many of the towns we've featured here have topped one list or another depending on who is putting together the rankings. The study included data about housing affordability, happiness, desirability, retiree taxes, the job market and access to quality health care. A dozen Texas cities were in the ranking including: Austin, Fort Worth, San Antonio, Laredo, Plano, Arlington, Dallas, El Paso, Lubbock, Garland, Houston and Corpus Christi. The residents are kind and selfless, and you will probably make a friend wherever you go. If you haven't done these things by age 50, it could be too late to do them well. It has the fewest medical centers at 1.64 per 1,000 residents and the fewest recreation centers at 0.66 per 1,000 residents. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. There are also 0.46 retirement communities per 1,000 residents. But there are many other reasons to move to the state, as described below. Wilmington, North Carolina. My friends and I love to drive through that neighborhood and admire the homes that are there. Here are three options that give you a lake nearby: This is the area between Austin and San Antonio and includes plenty of state parks. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. Since living well is just as important as living affordably, we look at a number of quality of life indicators, including the rate of violent crime (murder, rape, robbery and aggravated assault) as compiled by the Federal Bureau of Investigation. Featured Review: Current Resident says I would choose Colleyville as my hometown over and over again. It is not far from the world famous Blue Bonnet Caf. 2 Niche users give it an average review of 4 stars. 16 Niche users give it an average review of 4.1 stars. The couple investigated Nashville, Austin, Tex., and Asheville, N.C. As part of their online research they came across a Facebook group touting the eastern Tennessee city of Knoxville. In addition to the cultural attractions of Houston, Webster is close to the Trinity Bay portion of Galveston Bay. Schedule your FREE Retirable consultation today. So there you have it, the best place to retire in Texas goes to Santa Fe. Read 27 reviews. The teachers helped me. Niche User: I honestly enjoy living in the Bullard area. You can enjoy the Lake Fest activities as seen on ESPN every summer at Lake LBJ. Read 1 review. There are also various levels of courses offered, such as AP, honors, dual credit, and regular. if(window.innerWidth<700){ezoicSiteSpeed(jQuery(document),String(/documentReady/).substring(1).slice(0,-1),String(/jQuery-document-dot-ready/).substring(1).slice(0,-1),function($){$("#skip_expand").html("(Expand+)");$("#toc ul").css("display","none");$("#skip_expand").on("click",function(){$("#toc ul").toggle()});$("#toc h3").on("click",function(){$("#toc ul").toggle()});});}. Taking money from your IRA may seem like a simple matter, but it's a decision that must be timed right. The town has a 15.30% tax rate, tying it for second-lowest tax rate on this list. There's also a massive retirement community for those age 55 and older called Sun City Texas, which has over 15,000 residents. 10 cities in Texas are among the best places to retire in the nation for 2022-2023. Americans are living longer than ever, and that creates some challenges for retirees. Conroe. The Best State (and National) Parks in Texas, The 10 Best and Worst U.S. Cities for Allergies, The Complete Guide to Closing Costs in Texas, Comprehensive Guide to Building a House in Texas, The Top 10 Most Affordable Cities in Texas, Top Master Planned Communities near San Antonio, Best Tiny Home Builders in Dallas-Fort Worth. Featured Review: Current Resident says It's a great place to live. Haltom City Common Questions About Retiring in Texas 1. When you click through real estate links on our site, we earn an affiliate commission. Speaking of budget, be honest about what youll be spending more on, not just how youll be cutting some costs by leaving Maine. Another town near Houston, Richmond boasts the second-lowest tax burden on this list with a tax rate of 15.20%. Population: 1.487 million. Although. 1 Niche users give it an average review of 3 stars. It is kept friendly and very scenic. Read more on how this ranking was calculated. Explore the best places to retire in the U.S. based on number of retirees, weather, and access to healthcare and entertainment. Annuities provide steady income in retirement, but some financial planners prefer alternatives. It comes in fourth on this list with 2.00 recreation centers per 1,000 residents. Healthcare options are also important to seniors, so we calculated the number of medical centers in each city per 1,000 residents. But the people are friendly and it's a very quiet area. Read 3 reviews. from 100 cities nationwide to find the best American cities to retire, . Located just a half hour west of Houston, Katy is one of the best places to retire in Texas as the town has 17.60 medical centers per 1,000 residents. Kids are at the park playing while couples are sitting on their porch drinking coffee. In addition to being ideal for beach lovers, Port Arthur is also a suburban town packed with amenities. A health savings account is a beneficial tool for retirement planning. Nearby Fort Hood has one of the largest military bases in the U.S. The answer, of course, is one of these Texas towns. We are also surrounded by other wonderful, small towns, which all come together to form one school district, which I think is the best around. We also have road runners galore and even used to have a Road Runner Festival on Memorial weekend before Covid. As Texass largest city, Houston is a great option if you want to make sure you have access to everything. The best part about living in this small town is the ability to recognize and have a conversation with the majority of townspeople. Read 5 reviews. Continue with Recommended Cookies. But how you decide the best what's the best place to retire in the Longhorn State? What makes it so appealing? Denton also stands out among neighboring cities that were just farms a few decades back and are now planned communities, in that it has some older housing stock. Check out the local symphony orchestra, a mix of professionals and amateurs. #15 Best Cities to Retire in America Plano City in Texas 927 reviews Current Resident: Moving from a smaller town in the midwest, to Plano, Texas has been one of the best decisions that I've made so far. To be sure, the Lone Star State has plenty to offer those who have left the working world behind and are looking for somewhere to spend their retirement. She attended college in the Houston area and changed her major twice (psychology, computer science, and finally criminal justice) before taking a leap of faith and dropping out to pursue a career in freelance writing. Some of the equity will be used for college. This left us with 226 places from across the state. Population: 682,669. Im 66, we have more than $2 million, I just want to golf can I retire? I have even considered coming back and building my family her in this neighborhood. Read 2 reviews. The list is compiled . Manage Settings Pensacola, Florida. Average Retirement Savings: How Do You Compare? If the historic Crighton Theatre doesnt have what youre looking for, you can head to the Woodlands, a planned community in the southern end of the county with an amphitheater that draws big names. Is Texas a retirement friendly state? SmartAsset does not review the ongoing performance of any Adviser, participate in the management of any users account by an Adviser or provide advice regarding specific investments. Featured Review: Current Resident says What a great place to live. Finally, we calculated the percentage of the citys population thats made up of senior citizens. You'll get access to high-quality healthcare, recreation, and cultural attractions. Photo credit: iStock.com/Davel5957, iStock.com/JasonDoiy, iStock.com/Stgur Mr Karlsson /Heimsmyndir. Ask our Retirement expert. Philadelphia may not seem like the most obvious place to settle down into retirement the big, old, noisy East Coast city is as famous for its grumpy sports fans as for its history. Katie Lawrence is a Southeast Texas native who graduated 18th in her high school class with a GPA of 4.25. And while it might seem like a miracle, the reality is you're ready to hang up your hat and stirrups. Spring Valley Village is the best small town in Texas based on the most recent Census data. The last thing any of us wants in retirement is to be unnecessarily squeezed. 2015-2023 Chasing Chains, LLC. My family moved into hideaway for the security and multiple opportunities it has to be engaged in the community such as the beach and clubhouse. Even a pandemic couldnt stop some of the nations 70 million baby boomers from their determined pursuit of an agreeable retirement lifestyle. Other options are the University of Texas at San Antonio, less than an hours drive from either New Braunfels or Canyon Lake, and the University of Texas at Austin, less than an hour from New Braunfels. See how they fared in WalletHub's Best Cities for Veterans. You can find out more about him on LinkedIn or his website. I came in as a freshman and all the teachers, administrators, and students welcomed me with open arms. 22 Niche users give it an average review of 4 stars. It is near the Armand Bayou Nature Center, where you can see more than 370 species of animals at what is the nations largest urban wilderness preserve. What is the best month to retire in 2021? We eliminate from consideration cities with beyond-the-pale crime rates as well as places that are well below the national average when it comes to physicians per capita or air quality. (The name is a hint that the town was founded by German immigrants.). The National Association of Realtors reports the national median home price has climbed to $329,000, but the median for our list averages $246,000 and all but two of our picks are under the national median. But youll get a break on Social Security tax in many states that do have a state income tax, so the benefits wont be that notable. All investing involves risk, including loss of principal. Spindletop, the site of the largest oil discovery in Texas history, is located here, and a museum commemorates its far-reaching influence. Our family feels truly blessed to have found a school home that cares about our children and our family. You can read more about our methodology and sources below the list. The laid-back lifestyle and low housing prices draw many retirees to Corpus Christi. It has the lowest occurrence of hail, lightning, tornados, and floods. The town is close to Houston and Sugar Land, both of which offer plenty of options for recreation and entertainment. Obviously there are plenty of amenities in Houston, including an international airport and big-name hospitals. She spent nearly a year as a writer for a credit card processing service and has written about finance for numerous marketing firms and entrepreneurs. Let us know your thoughts, then check out this incredibly scenic drive in El Paso that showcases the skyline as youve never seen before.