My friends and I love to drive through that neighborhood and admire the homes that are there. One notable and welcome change this year: With the pandemic seemingly coming under control, weve restored to the list some college towns omitted last year for fear the pandemic would deprive them of the low-cost cultural and educational opportunities that make them so appealing. Best Places to Live Best Places to Retire Rankings Category Population Size X-Large 2.5M+ Large 1M - 2.5M Medium 500K - 1M Small 50K - 500K Average Rent < $500 - $2,100+ Median Home Price. Below, we will compare each community to its more famous neighbor. Despite being home to over seven million people, Near the Texas-Louisiana border, Beaumont is located about 90 miles outside of Houston. You can take classes at Texas State University in San Marcos, 20 minutes by car from New Braunfels. As always, some places that sound great on paper may not be as appealing in real life. Where to look? 112 Niche users give it an average review of 4.3 stars. Best known for its Riverwalk, San Antonio is among the best towns to retire in Texas for its history. It is also a beautiful place to live. Read 8 reviews. We earn $400,000 and spend beyond our means. For the second year, we also considered climate change and disaster risk. 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. I highly recommend coming out for a visit. Im 52, wont live past 80 and have $1.6 million. 1. 2022 Retirable Inc. All rights reserved. Featured Review: Current Resident says A small town named Columbus is located in the middle between Houston and San Antonio, making it a known stop for many. 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. We used several factors to determine retirement "worthiness," which included good weather, average population age, and cost of living. We love that the school ends in 8th grade and students get to explore which high school is the best fit. Mot residents are older, or have children in high school. Brownsville is another larger city that made the top 100 best US cities to retire in at #97. You play an instrument? Featured Review: Current Resident says What a great place to live. Listmakers were selected based on an assortment of data and amenitiesfrom affordability and action to walkability . Community, though, wont be a problem: The citys population is 30% senior citizens, the highest percentage of any city on this list. Speaking of budget, be honest about what youll be spending more on, not just how youll be cutting some costs by leaving Maine. It is gorgeous with its lush green gold course and three lakes to fish in. Mot residents are older, or have children in high school. The last entry on this list is Burnet, a central Texas city located just an hour north of Austin. The 10 Best Places To Retire In Texas For 2023 Santa Fe Lockhart Fredericksburg Southlake Taylor Port Lavaca Angleton Kerrville Gatesville Alice Why did Santa Fe take the top spot? You have plenty of options in the DallasFort Worth area, as well. There are 4.34 medical centers per 1,000 residents, the second-lowest number on this list. The teachers are all invested in their students' education, and there are many courses to choose from. Situated next to Lake Waco and having so many wooded areas, we often find families of deer in our yards! 15 What is the best month to retire in 2021? A financial advisor can help, and SmartAssets, A workplace retirement savings account like a 401(k) can help you save for retirement. By using this website, you accept our Terms and Conditions and Privacy Policy. If youre the student, depending on the school you pick, you may qualify for reduced or even free tuition as a senior citizen, freeing up some of your budget. When you click through real estate links on our site, we earn an affiliate commission. Sources for our data include zillow.com, trulia.com, bestplaces.net, the National Association of Realtors, the U.S. Bureau of Labor Statistics, websites of individual state tax agencies and the latest Milken Institute report on Best Performing Cities. There are plenty of affordable cities in Texas, giving you a wide range of options. It has 2.02 recreation centers per 1,000 residents, the third most of any city on this list. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. For more information, see our Form ADV Part II and other disclosures. All rights reserved. It is a diverse neighborhood and they are all good people as well.. Current Resident: Highland Park is a very friendly neighborhood, but it's also known as a bubble of its own. Junior: Second Baptist school welcomes you, encourages you, and prepares you. 1. Read 5 reviews. Silvia Ascarelli is a senior news editor for MarketWatch based in New York. We love the community and everything it has to offer. A bonus for retirees: Texas doesn't have a state income tax. I came in as a freshman and all the teachers, administrators, and students welcomed me with open arms. Featured Review: Current Resident says Hideaway is an amazing place to live. I will be buying a house and selling the one in Maine. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. In addition to being ideal for beach lovers, Port Arthur is also a suburban town packed with amenities. 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. Is Texas a retirement friendly state? Other notable cities include Fredericksburg and Southlake, a city that got 10/10 on our snackability scale. 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. entities, such as banks, credit card issuers or travel companies. Get Forbes daily top headlines delivered straight to your inboxfor news on the worlds most important entrepreneurs and superstars, expert career advice and success secrets. We went through two hurricanes in a year, explains Steve, 60, who is now winding up a career at oil refinery and chemical plants in the U.S. and abroad. Another city confirming why the answer to is Texas a good place to retire? is yes is Amarillo. Last year, we consulted a University of Notre Dame Urban Adaption Assessment which focuses on issues like sea level rise and heat. Current market conditions bring both opportunity and risk. Comparative assessments and other editorial opinions are those of U.S. News To get a sense of the housing market, heres whats on the market now. There truly is no other city like it! 5. 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. Ask our Retirement expert. The residents are kind and selfless, and you will probably make a friend wherever you go. Texas is known for oil, barbecued meat, and ranches, but the state has many things to offer retirees. 16 Niche users give it an average review of 4.1 stars. All investing involves risk, including loss of principal. Well, Granbury has 0.80 retirement communities per 1,000 residents, the highest number of any city on this list. Read more on how this ranking was calculated. (Maine, by the way, wont tax your Social Security check.) Everything's within walking distance, well-maintained streets, good safety, and its an overall gorgeous city. Read 22 reviews. The DFW area is one of the best places to live (ranked #24) and to retire (ranked #17) within the U.S., according to U.S. News and World Report. Taxes can be a big focus for retirees, and Texas appeals to many because it doesnt have a state income tax. The 10 Best Places to Retire in Texas 2021 - Nowhere Diary Nowhere Diary 11.6K subscribers Subscribe 425 39K views 1 year ago #texas #retirement #nowherediary Is Texas a good place to. But what makes it one of the best places to retire in Texas is its relatively low housing prices. 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()});});}. Amarillo CITY POPULATION: 199,371 SHARE OF POPULATION 65+: 13.5% It has a 65 . Our choices are listed alphabetically below. HomeSnacks is reader-supported. 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. So there you have it, the best place to retire in Texas goes to Santa Fe. It has 8.44 medical centers per 1,000 residents. 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. Additionally, the winter climate is mild, which attracts "snowbirds" who have second homes in McAllen to escape the cold. Medicare just crushed the hopes of 750,000 Alzheimers patients a year. This is a gated community located on the outside of Granbury. Look for ways to trim costs and keep items in solid condition to stretch retirement dollars. Very pretty, though expensive homes, each uniquely designed. There were more than 35 communities on the Texas list of certified retirement communities as of 2016, but the . In fact, the only area in which it doesnt have a middling ranking is its senior population. Bullard is a growing town that is currently having some growing pains as there is not enough housing. Read 3 reviews. Read 123 reviews. Photo credit: iStock.com/Davel5957, iStock.com/JasonDoiy, iStock.com/Stgur Mr Karlsson /Heimsmyndir. Nearby Resident: It's a beautiful neighborhood! At the end of the day we answered that burning question that brought you here -- what are the best of the best when it comes to retirement cities in Texas? How We Determined the Best Places to Retire. The quality of life is high, medical care excellent, and Hispanic culture is strong and celebrated. We have a fun summer swim team that connects many families. Finally, we took the average rank across these criteria. In November they closed on a one-story on the outskirts of Knoxville, where they are now living happily. SmartAsset also ranked the top places to retire in. Americans are living longer than ever, and that creates some challenges for retirees. 8 Niche users give it an average review of 4.8 stars. Plano. Haltom City Common Questions About Retiring in Texas 1. This fast-growing city of nearly 90,000 is 40 miles north of Houston and abuts Lake Conroe, a 33-square-mile lake, and is close to Sam Houston National Forest. The city is also home to UT Southwestern Medical Center, one of the top hospitals in the country. It comes in fourth on this list with 2.00 recreation centers per 1,000 residents. Among the many medical centers is Houston Methodist, a top-ranked hospital statewide. Brownsville 7. They also wanted low taxes and reasonable living costs, mild weather and a lively cultural scene. The cities with the highest percentage of voters who voted republican and gave the most to conservatives where named the most conservative cities in the state. if(typeof ez_ad_units!='undefined'){ez_ad_units.push([[336,280],'homesnacks_com-medrectangle-3','ezslot_2',143,'0','0'])};__ez_fad_position('div-gpt-ad-homesnacks_com-medrectangle-3-0');We analyzed over 226 cities in Texas to determine which cities are worthy of your extended vacation. Although you will find a relatively low cost of living in some areas, its important to note that both sales taxes and property taxes are higher than many states. Cameron. This peculiar name of a city won first place for retirement because of its low cost of living and its proximity to bigger cities. San Antonio is the ideal place to combine a scenic Texas Hill Country retirement with the amenities of a large . Hike the, Next up is the Alamo City. The list is compiled . However, Richmond shines for its number of recreation centers. Moon light nights are the best. We share some of the best small towns for singles to retire in the Lone Star State.. 55places.com looked at over 29,000 cities designated by the most recent census data, focusing . 12 Niche users give it an average review of 4.2 stars. The drawback is youll have a longer drive to college classes, airports and hospitals. Is it the hometown restaurants, the cost of living, or the friendly communities? Featured Review: Nearby Resident says It's a beautiful neighborhood! If you've been looking for a place to live in the past several years, you've probably stumbled upon his writing already. It is annoying having. Current Resident: Small tourist town and a great place to live, play and raise a family, and of course do lots of fishing. Read 2 reviews. Spring Valley Village is the best small town in Texas based on the most recent Census data. Featured Review: Current Resident says Would like public lake access for all Hudson bend residents. The area is beautiful and the schools are excellent. Living on a golf course or near the lake is a great choice and the security here is excellent with virtually no crime. Read 2 reviews. Download our guide to help safeguard your retirement from economic shifts. We do not manage client funds or hold custody of assets, we help users connect with relevant financial advisors. Healthcare options are also important to seniors, so we calculated the . The trail in part parallels the A-train that connects to Dallas Countys rail network, getting you to downtown Dallas and beyond. See how they fared in WalletHub's Best Cities for Veterans. What is the best month to retire in 2021? The cost to buy is ridiculous and rent is very high. I came in as a freshman and all the teachers, administrators, and students welcomed me with open arms. 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. We are looking forward to a healthy peaceful retirement with our grandchildren, when they finally arrive. Featured Review: Current Resident says This is such a family friendly neighborhood. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Visit a quote page and your recently viewed tickers will be displayed here. 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. History lovers often choose Fredericksburg for a Texas retirement. Scenic and far from hurricane paths, Knoxville is home to the University of Tennessee and its medical school, which translates into lots of doctors, restaurants and entertainment. This guide will show you the 10 best places to retire in Texas and explain what makes them so good for retirees. The doctor data comes from countyhealthrankings.org while air ratings are from the U.S. Environmental Protection Agency. Jim Barnash is a Certified Financial Planner with more than four decades of experience. This is our tenth time ranking the best places to retire in Texas. This community was the safest I have felt in years. For flexibility and a sense of purpose, consider these jobs for people over 50. 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. As for fresh water, youd be close to Ray Roberts Lake State Park and a nearly 46-square-mile lake. Copyright 2023 MarketWatch, Inc. All rights reserved. Texas A&M is 65 miles away in College Station. Santa Fe, Texas. As it happens, Knoxville is for the first time on Forbes Best Places To Retire list, which aims to identify places that provide exceptional retirement valuemeaning they combine a high quality of life with affordability. With housing prices up 11% since March 2020 and mortgage rates still near record lows, now would seem to be an ideal time for newly vaccinated boomers aiming to either downsize or move to a cheaper housing market to start their search. Wichita Falls 10. The tax burden in Katy is 16.40%, placing Katy seventh on this list for that metric. We also have road runners galore and even used to have a Road Runner Festival on Memorial weekend before Covid. 27 Niche users give it an average review of 4.9 stars. 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. Texas. Although. 1 Niche users give it an average review of 3 stars. Read more on how this ranking was calculated. 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. It does attract a decent tourist population, but this also means youll have plenty of restaurants and shops nearby. Consider your health care plans, income sources and tax bracket before making the transition. Featured Review: Senior says TOPS is a wonderful school! Well, you might assume it would be a big city like Austin or Houston, but the reality is a little more nuanced. . 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 2 Niche users give it an average review of 5 stars. Featured Review: Current Resident says The community here had always been great. This is a gated community located on the outside of Granbury. 16 What is the safest city in Texas to live in? We also consider ratings in the Milken Institutes Best Cities for Successful Aging ratings, which looks at wellness, health care, transportation and other factors, but Milkens ratings are not determinative. 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 you like to golf, youll have plenty of choices. We aim to deliver bite-sized pieces of infotainment about where you live. The community has gone above and beyond with the seniors in our community. Retirees may be able to visit or volunteer at the Texas State Aquarium, USS Lexington or South Texas Botanical Gardens and Nature Center. The new spending bill makes it easier to save for retirement. Typically, Texass lack of an income tax makes up for those tax hikes. Brownsville has a city zoo, the Gladys Porter Zoo, and 32 city parks. Plus, we consider factors that promote an active retirement. Niche ranks places to retire based on a variety of factors including cost of living, health care . When we retire, we lose a lot. How to avoid retirement shock. This town located west of Fort Worth ranks in the top 50 places to retire in the United States. 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. Texas's largest city clocks in at #120. The place, in this case Santa Fe, with the lowest average rank was crowned the best of the best, a place for you to start your second careers. I cant stress enough the importance of treating your exploration time as if you were living there, not just visiting on vacation. 123 Niche users give it an average review of 4.3 stars. It is so close to all facilities, grocery stores, doctors, hospitals and all the sports available in the Texas Hill Country. I estimate my monthly retirement income in the range of $3,750 to $4,200. If youre interested in a city with a high population of seniors, Webster might not be for you though. It's a great place for kids and adults and welcomes all other communities to join the fun, too. I want to retire to Texas. Today, Katie writes for the Texas and Arizona pages of OnlyInYourState.com and has never been more passionate about a job before. 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. The Most Important Ages for Retirement Planning: Age 50, The Most Important Ages for Retirement Planning: Age 59 , The Most Important Ages for Retirement Planning: Age 65, The Most Important Ages for Retirement Planning: Age 66, The Most Important Ages for Retirement Planning: Age 70 . The appeal of this city and its 140,000 residents includes the University of North Texas (39,000 students) and Texas Womans University (coed and another 13,000 students), both with the ability to take classes for free at age 65, as well as a lively downtown and music scene (the free Denton Arts and Jazz Festival attracts hundreds of thousands every year). And in how many other places can you still find a drive-in movie theater? 5 Niche users give it an average review of 4.2 stars. My friends and I love to drive through that neighborhood and admire the homes that are there. While the overall tax burden is low, sales and property taxes are on the higher side. Texas is known for oil, barbecued meat, and ranches, but the state has many things to offer retirees. The tax burden for the town is 16.70%, which ties Woodway with two other Texas cities for the highest tax rate on this list. To retire comfortably, youll want to get your savings as close to Texas-sized as you can. The town is close to Houston and Sugar Land, both of which offer plenty of options for recreation and entertainment. Our oldest child's best friends went to 5 different high schools, each of which best suited their interests and strengths. Read 4 reviews. Debt and waiting until a financial situation improves are top justifications financial advisors hear. It's an active town, with people always out walking, cycling, and boating and the. The Chamber of Commerce counts more than 20 public and private courses in the county. The consent submitted will only be used for data processing originating from this website. Featured Review: Nearby Resident says Shavano Park is an established neighborhood that conveniently located near good schools, grocery stores, and retail shopping. Subscribe to our daily newsletter to get investing advice, rankings and stock market news. 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 ages range from newborn to grand parents and not once will you not feel included in this neighborhood. 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. 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. 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. And, while you can live in a neighborhood, you could also opt to find a home with more land. The last thing any of us wants in retirement is to be unnecessarily squeezed. It offers countless opportunities to explore the outdoors while also enjoying the young city life. Not only does it share an outstanding school district with Lindale but it has a beach, poo, and multiple parks for your kids to grow up in. Whats our next move? Featured Review: Niche User says I honestly enjoy living in the Bullard area. Living on a golf course or near the lake is a. Current Resident: Decordova is located in Granbury, TX. 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. Other Texas cities further down the list are Arlington . The air is always fresh and clean. 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. 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? Here's a look at the Best Places to Retire in 2021. 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. If charming small towns are your thing, Cameron is the place for you. The teachers helped me. Niche User: I honestly enjoy living in the Bullard area. As such, residents in these areas have access to more amenities than those in typical small cities. The neighborhoods here are pretty friendly as well allowing you to walk late at night with no worry. Senior insurance needs are different. Average Retirement Savings: How Do You Compare?