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Best Places to Retire in Texas

8 0
30.04.2024

America's second-most populous state is a haven for retirees. Whether you're seeking warmer weather, affordable housing, lower taxes or engaging leisure activities, you will be able to find it somewhere in the state of Texas.

Texas is known for its resilience and has a number of vibrant communities for retirees to enjoy. “The state's demographic trends underscore its appeal, with a rapidly growing population and an increasing number of retirees choosing Texas as their ultimate destination,” says Graham Sowden, chief investment officer at Dallas-based RREAF Holdings.

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. The study included data about housing affordability, happiness, desirability, retiree taxes, the job market and access to quality health care. A bonus for retirees: Texas doesn't have a state income tax.

“One of the biggest draws for retirees is the financial affordability Texas provides. With no state income tax and a generally lower cost of living compared to other popular retirement destinations, seniors can stretch their retirement savings further here,” says Neal Shah, founder and CEO of CareYaya, a health-tech company with a large presence in Texas. “This is especially true in cities like Killeen, Beaumont and Brownsville, where the cost of housing, groceries and other essentials is significantly lower than the national average.”

Here are the best cities to retire in the Lone Star state.

10. Corpus Christi
9. McAllen
8. Houston
7. Beaumont
6. Brownsville
5. San Antonio
4. Austin
3. Dallas-Fort Worth
2. El Paso
1. Killeen

See:

Population: 422,194
Share of population age 65 : 14.6%
Median monthly mortgage cost: $1,091
Median monthly rent: $1,098

The laid-back lifestyle and low housing prices draw many retirees to Corpus Christi. This seaside city is an affordable place to retire near the Gulf of Mexico. The Padre Island National Seashore provides a........

© U.S.News


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