The Best Places to Retire in Texas
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Best Cities For Retirement in Texas America’s second most populous state is a retirees haven. Regardless of whether you are looking for warmer weather, …
Best cities in Texas to retire to
America’s second most populous state is a retirees haven. Whether you’re looking for warmer weather, affordable housing, lower taxes, or attractive recreational activities, you will find it anywhere in the state of Texas. Many cities in Texas have plenty of job opportunities, according to a recent analysis of the US News of the 150 largest US metropolitan areas as potential retirees seeking a second career, as well as top doctors and hospitals who can help manage health problems Retirement locations. The study included data on housing affordability, satisfaction, attractiveness, pensioner taxes, the labor market and access to quality health care. A bonus for retirees: Texas has no state income tax. Here are the best Texas cities to retire to:
10. Beaumont
Population: 395.174
Proportion of the population aged 60 and over: 21%
Average monthly mortgage cost: $ 1,343
Average monthly rent: $ 857
Beaumont is located in southeast Texas on the Neches River near the Louisiana border. Sabine Lake is an ideal spot for saltwater fishing and the lake connects to the Gulf of Mexico. Beaumont is about an hour and a half drive from Houston, which gives retirees access to big city facilities and health care options but has a lower cost of living than Houston. Beaumont’s low cost of housing makes it easier to live well on a modest retirement income.
9. El Paso
Population: 840.477
Proportion of the population aged 60 and over: 17%
Average monthly mortgage cost: $ 1,235
Average monthly rent: $ 837
El Paso is one of the cheapest places in the country to retire. The average home price is among the lowest of any major city in the United States. This western Texas city is right across the Rio Grande from the Mexican city of Ciudad Juarez. The 26,627-acre Franklin Mountains State Park is the largest urban park in the country and is entirely within the El Paso city limits. You may be able to spot pictograms and petroglyphs made by Native Americans that are thousands of years old.
8. McAllen
Population: 855.176
Proportion of the population aged 60 and over: fifteen%
Average monthly mortgage cost: $ 1,149
Average monthly rent: $ 734
On the southern tip of Texas is the McAllen metro area, which includes Edinburgh and Mission. A modest retirement income is usually enough to finance housing. McAllen is the only major metropolitan area in the country where a typical home costs less than $ 100,000. The affordable housing and mild winter temperatures make McAllen a popular destination for Snowbird retirees. McAllen is also an ideal retirement destination for bird watching and has a World Birding Center in Quinta Mazatlan, a historic country estate.
7. Brownsville
Population: 821,666
Proportion of the population aged 60 and over: 18%
Average monthly mortgage cost: $ 1,134
Average monthly rent: $ 733
Brownsville is located on the southern tip of Texas along the Gulf of Mexico and the Rio Grande border with Mexico. The low cost of living and proximity to the beach often attract retirees from locations with colder climates. Nearby South Padre Island is a popular beach destination for winter Texans who enjoy the mild winter weather and Gulf Coast beaches. Locals may also be able to watch rockets launch into orbit from the SpaceX South Texas launch site.
6. Corpus Christi
Population: 428,548
Proportion of the population aged 60 and over: 20%
Average monthly mortgage cost: $ 1,502
Average monthly rent: $ 1,014
The relaxed lifestyle and low property prices attract many retirees to Corpus Christi. This coastal city is an affordable place to retreat near the Gulf of Mexico. The Padre Island National Seashore has 70 miles of undeveloped coastline to soak up the sand, sun, and wildlife. Retirees can visit the Texas State Aquarium, the USS Lexington, or the South Texas Botanical Gardens and Nature Center, or do some volunteer work.
5. Houston
Population: 6,884,138
Proportion of the population aged 60 and over: 16%
Average monthly mortgage cost: $ 1,738
Average monthly rent: $ 1,101
Houston is the fourth largest city in the United States. Located in east Texas near the Gulf of Mexico, Houston has a museum district and a theater district that provide retirees with plenty of opportunities for recreation and volunteering. The Houston Methodist Hospital is ranked 16th in the nation on the US News Honor Roll of the Best Hospitals. There are several colleges in the area, including the University of Houston, which offers free classes for seniors 65 and over, and Rice University. Housing in Houston costs far less than in cities of similar size in other states.
4. Killeen
Population: 444.716
Proportion of the population aged 60 and over: fifteen%
Average monthly mortgage cost: $ 1,337
Average monthly rent: $ 921
Killeen is a centrally located city in Texas that is within driving distance of many major cities such as Austin, Dallas, San Antonio and Houston. But Killeen is a smaller and more affordable place to retreat. Killeen’s low housing costs make it easier to live well on a steady income. The city has a large military presence thanks to the Fort Hood military base. Texas also has no state income tax, which keeps costs down.
3. Dallas
Population: 7,320,663
Proportion of the population aged 60 and over: 16%
Average monthly mortgage cost: $ 1,758
Average monthly rent: $ 1,139
Dallas and nearby Fort Worth have been rapidly attracting new residents in the past decade, the Census Bureau found. The low housing costs make moving affordable. Major healthcare providers include Baylor University Medical Center and UT Southwestern Medical Center. Sports fans have plenty of professional teams to assist them, including the Cowboys, Mavericks, Rangers, and Stars, while art enthusiasts can find volunteer and social events at the city’s many museums.
2. San Antonio
Population: 2,468,193
Proportion of the population aged 60 and over: 18%
Average monthly mortgage cost: $ 1,505
Average monthly rent: $ 1,024
San Antonio is one of the fastest growing cities in the United States. According to data from the US Census Bureau, the metropolitan area has gained 107,218 people over the past decade. Health care is available at Methodist Hospital-San Antonio. San Antonio could be an ideal place to retreat for those on a budget. Retirees can enjoy the scenic beauty of the Texas Hill Country without high housing costs. The San Antonio missions, including the Alamo, were designated a UNESCO World Heritage Site in 2015.
1. Austin
Population: 2,114,441
Proportion of the population aged 60 and over: 16%
Average monthly mortgage cost: $ 1,909
Average monthly rent: $ 1,273
Austin’s hot job market and unique, quirky culture draw many people to the area, including retirees. This state capital is home to the University of Texas-Austin, which seniors 65 and older can enjoy up to six tuition-fee-free hours per week. The area is also a hub for tech jobs, including Apple, Dell, and IBM. Major healthcare providers include St. David’s Medical Center and Ascension Seton Medical Center Austin. Austin costs more to live in than many other parts of Texas, but retirees moving from more expensive cities with similar amenities can potentially cut their housing costs.
The best places to retire in Texas are:
– Austin.
– San Antonio.
– Dallas-Fort Worth.
– Killeen.
– Houston.
– Body of Christ.
– Brownsville.
– McAllen.
– Step.
– Beaumont.
Are you considering retiring in Texas? Find a local financial advisor now.
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Best Places to Retire in Texas originally featured on usnews.com
Update 11/22/21: This story was published earlier and has been updated with new information.
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