And in how many other places can you still find a drive-in movie theater? Featured Review: Current Resident says Sweet gated community on the Brazos river, which big houses on several acre lots. Read 27 reviews. 17 What should I know before moving to Texas? 2022 Retirable Inc. All rights reserved. My family has enjoyed being part of the Horseshoe Bay landscape for the past 15 years. The Bible classes and the chapels are designed for us to grow and learn more about God. This year, we also used the new FEMA National Risk Index for Natural Hazards which calculates for every county a vulnerability measure for 18 natural hazards, including flooding, hurricanes, landslides, earthquakes and wind. The community has gone above and beyond with the seniors in our community. Just a word of caution: Maine to Texas is quite a temperature switch, so consider investigating your possibilities during the summer. 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. Manage Settings Livingston is another Houston suburb. Annuities provide steady income in retirement, but some financial planners prefer alternatives. 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. Finally, we calculated the percentage of the citys population thats made up of senior citizens. To help Americans find the best cities to spend their golden years, WalletHub compared the retirement-friendliness of 182 cities including the 150 most populated U.S. cities, plus at least two of the most populated cities in each state across four key dimensions: 1) Affordability, 2) Activities, 3) Quality of Life and 4) Health Care. 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. 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. Last year, we noted work-from-home would enable some boomers to move while still on the job. As Texass largest city, Houston is a great option if you want to make sure you have access to everything. A typical Social Security payment is likely to cover basic costs in these areas. Silvia Ascarelli is a senior news editor for MarketWatch based in New York. As such, residents in these areas have access to more amenities than those in typical small cities. 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. 8 Niche users give it an average review of 4.8 stars. We love the community and everything it has to offer. Youll get access to high-quality healthcare, recreation, and cultural attractions. 1 Niche users give it an average review of 5 stars. 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. HomeSnacks has crunched the numbers for you to find the answers to this pressing question. Debt and waiting until a financial situation improves are top justifications financial advisors hear. How Much Do I Need to Save for Retirement? Featured Review: Current Resident says Hideaway is an amazing place to live. You can have the big city experience when you want it, but have a quiet getaway at the end of the day. All rights reserved. Texas may not be the most tax-friendly state for retirees, but it does have a low cost of living. Katy. All rights reserved. As the Nagels understood only too well, powerful hurricanes and increased flooding on the low-lying East and Gulf Coasts are a growing threat to the finances and wellbeing of retirees who have clustered in those areas. In addition to being close to Austin and the University of Texas, there are attractions like the Longhorn Cavern State Park and the Highland Lakes Air Museum nearby. As an added bonus, the tax burden in Granbury is 15.30%, which is on the lower end of this list. Brownsville is another larger city that made the top 100 best US cities to retire in at #97. But there are many other reasons to move to the state, as described below. Want to see how your favorite Texan city stacked up? We are looking forward to a healthy peaceful retirement with our grandchildren, when they finally arrive. You'll get access to high-quality healthcare, recreation, and cultural attractions. Housing prices are low and Tennessee was about to end its remaining state income tax on dividends and interest. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. It is very important to do your own analysis before making any decisions based on your own personal circumstances. Set to the southeast of Houston, Webster has the second most medical centers of any city on this list with 13.28 medical centers per 1,000 residents. The 5 Best Places To Retire. Stretched between the Atlantic Ocean and the Cape . Taking money from your IRA may seem like a simple matter, but it's a decision that must be timed right. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. If youre driving, its about 30 miles to Dallas/Fort Worth International Airport and 36 miles to Dallas Love Field. Continue with Recommended Cookies. Mot residents are older, or have children in high school. Locals say Conroe still has a small-town feel, but its status as the seat of Montgomery County means it also has a bustling, historic downtown. You can read more about our methodology and sources below the list. With Lone Star College nearby, you can claim that same fee waiver for six credit hours per semester. Working with an adviser may come with potential downsides such as payment of fees (which will reduce returns). Everyone is friendly and welcoming. Things to do (Museums, Colleges, and Libraries in town), Distance to the closest international airport. The last thing any of us wants in retirement is to be unnecessarily squeezed. I want to retire to Texas. The trail in part parallels the A-train that connects to Dallas Countys rail network, getting you to downtown Dallas and beyond. Provides auto-suggestions when entering text, Niche requires Javascript to work correctly. Featured Review: Nearby Resident says It's a beautiful neighborhood! Many of the towns we've featured here have topped one list or another depending on who is putting together the rankings. The area is beautiful and the schools are excellent. (The name is a hint that the town was founded by German immigrants.). We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. Is Texas a retirement friendly state? 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? Featured Review: Current Resident says Decordova is located in Granbury, TX. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Medicare just crushed the hopes of 750,000 Alzheimers patients a year. The town has a 15.30% tax rate, tying it for second-lowest tax rate on this list. And, while you can live in a neighborhood, you could also opt to find a home with more land. Texas is hot, hot, hot that time of year, and you dont want to discover you hate the weather after youve paid for a move. Join the line of people heading to the Lone Star State about 1,500 every day in 2018. 6. A part-time career could mean a stressful future if you don't use some of these tips to prepare for retirement. FEMA National Risk Index for Natural Hazards, growing threat to the finances and wellbeing of retirees who have clustered in those areas. It offers countless opportunities to explore the outdoors while also enjoying the young city life. 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,. 27 Niche users give it an average review of 4.9 stars. 123 Niche users give it an average review of 4.3 stars. As always, some places that sound great on paper may not be as appealing in real life. Featured Review: Current Resident says What a great place to live. 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. Here is a list of a few more of the best Texas retirement towns: Hutto Lubbock Brady Burnet Cameron Granbury Kerrville Fredericksburg Find out why life in Texas is better in these small towns when it's time to retire. Living on a golf course or near the lake is a. Current Resident: Decordova is located in Granbury, TX. 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. HomeSnacks is reader-supported. Featured Review: Current Resident says Woodway is a beautiful, oak tree-filled town on the outskirts of Waco, TX. We used several factors to determine retirement "worthiness," which included good weather, average population age, and cost of living. 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). Consider your health care plans, income sources and tax bracket before making the transition. 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. on this page is accurate as of the posting date; however, some of our partner offers may have expired. 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. Read 31 reviews. My friends and I love to drive through that neighborhood and admire the homes that are there. You play an instrument? It's that time of your life when you deserve an indefinite vacation -- retirement. This guide will show you the 10 best places to retire in Texas and explain what makes them so good for retirees. Among the many medical centers is Houston Methodist, a top-ranked hospital statewide. Finally, we took the average rank across these criteria. My family has enjoyed being part of the Horseshoe Bay landscape for the past 15 years. The cost to buy is ridiculous and rent is very high. But the people are friendly and it's a very quiet area. Read 3 reviews. For flexibility and a sense of purpose, consider these jobs for people over 50. 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. Another interesting tidbit is that it is home to the. There are also various levels of courses offered, such as AP, honors, dual credit, and regular. 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. Katie Lawrence is a Southeast Texas native who graduated 18th in her high school class with a GPA of 4.25. Get more stories delivered right to your email. Best Hotels & Resorts in Texas: 12 Amazing Places to Stay, Chow Down On A Chicken-Fried Steak, Then Treat Yourself To A Slice Of Homemade Pie At New York Hill In Texas, This BBQ And Wine Bus Tour Is Heaven For Texas Foodies And Oenophiles Alike, The Unique Hike In Texas Where You Can Camp Right Along The Trail, Here Are The 10 Best Cities In Texas To Raise A Family, The Woodlands, Texas Was Just Named The Best City To Live In America, Here Are The 10 Best Cities In Texas To Find A Job, Here Are The 12 Best Places To Live In TexasAnd Why, Photograph by Asim Bharwani / Moment Collection / Getty Images, Michael Fitzgerald Fine Art Photography of Texas / Moment Collection / Getty Images, Ryan Kyte / Moment Collection / Getty Images, Joe Daniel Price / Moment Collection / Getty Images, DenisTangneyJr / iStock / Getty Images Plus / Getty Images, DenisTangneyJr / iStock / Getty Images Plus Collection / Getty Images, Tim Leviston / EyeEm Collection / Getty Images, DenisTangneyJr / iStock / Getty Images Plus Collection / Getty Images, DenisTangneyJr / E+ Collection / Getty Images, beaches boast white sands and pristine waters. Featured Review: Current Resident says I absolutely love Meadows Place. 5. Current Resident: The community here had always been great. Humble also is towards the middle of the pack in terms of tax burden, with a tax rate of 16.20%. I grew up there as a child, and now I am a mom of three and my husband and I are currently living in the Meadows as a family. We then narrowed it down to places with at least 10,000 people that weren't townships. Very pretty, though expensive homes, each uniquely designed. The last entry on this list is Burnet, a central Texas city located just an hour north of Austin. Current Resident: Hideaway is an amazing place to live. That means that there are plenty of places for you to move where youll find a built-in community. For entertainment, you dont need to go all the way to Houston. America's second-most populous state is a haven for retirees. It has 8.44 medical centers per 1,000 residents. A little bit in the middle of nowhere, but the view is worth it. Read 16 reviews. Other notable cities include Fredericksburg and Southlake, a city that got 10/10 on our snackability scale. Check out the local symphony orchestra, a mix of professionals and amateurs. It has 7.31 medical centers per 1,000 residents, which is on the lower end for this list, but is still a good number compared to cities in some other states. One-Time Checkup with a Financial Advisor, 7 Mistakes You'll Make When Hiring a Financial Advisor, Take This Free Quiz to Get Matched With Qualified Financial Advisors, Compare Up to 3 Financial Advisors Near You. The Padre Island National Seashore provides a 70-mile stretch of undeveloped coastline to enjoy the sand, sun and wildlife. We analyzed over 226 cities in Texas to determine which cities are worthy of your extended vacation. 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. But what makes it one of the best places to retire in Texas is its relatively low housing prices. I have even considered coming back and building my family her in this neighborhood. Read 2 reviews. Youll find antique stores and craft brewers there, too. You can download the data here. It's a very niche community that celebrates fun events, but it does have a reputation of a rich. Current Resident: Would like public lake access for all Hudson bend residents. 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. A bonus for retirees: Texas doesn't have a state income tax. A financial advisor can help, and SmartAssets, A workplace retirement savings account like a 401(k) can help you save for retirement. Each year, U.S. News reports on the best places to retire. Plano. An example of data being processed may be a unique identifier stored in a cookie. Port Arthur Percentage of the Population Over 65: 12.7% Median Home Value: $65,800 Most Recent Annual Number of Violent Crim es: 344 Most Recent Annual Number of Property Crimes: 1,203
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