Despite the pandemic, with the help of a Knoxville real-estate-agent couple, Jon and Dawn Powell, the Nagels were able to tour a dozen potential homes during two 1,600-mile (roundtrip) road trips. These two big schools also offerauditing options. The town has a 15.30% tax rate, tying it for second-lowest tax rate on this list. Featured Review: Current Resident says Would like public lake access for all Hudson bend residents. Some like to make comparisons to Austin of a few decades back, with one DFW resident saying downtown Denton has a hippie dippy college-town vibe. Outside of downtown, however, the feeling is much more suburban. Corpus Christi Population: 429,120 Share of population age 60+: 20% Median monthly mortgage cost: $1,527 Median monthly rent: $1,048 The. Where Are The Best Places To Retire In Texas? 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. Featured Review: Current Resident says Small tourist town and a great place to live, play and raise a family, and of course do lots of fishing.. Current Resident: A small town named Columbus is located in the middle between Houston and San Antonio, making it a known stop for many. We love that the school ends in 8th grade and students get to explore which high school is the best fit. Located north of Houston, Tomball ranks fourth on this list in terms of medical centers, with 8.76 medical centers per 1,000 residents. What happens to my Social Security benefit if my husband dies. But assuming youre good with 100-degree days, you can certainly find places that offer what you are looking for, all with different personalities. It's an active town, with people always out walking, cycling, and boating and the. Granbury is located just an hour from Dallas, where you can enjoy all that the city has to offer in terms of culture. Read 31 reviews. 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. Where is the cheapest place to retire Texas? - 2023 We and our partners use cookies to Store and/or access information on a device. The 10 Best Places To Retire In Texas For 2023 - HomeSnacks Tomball also has 1.25 recreation centers and 0.36 retirement communities per 1,000 residents, placing in the bottom half of this list for both. History lovers often choose Fredericksburg for a Texas retirement. 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. We and our partners use data for Personalised ads and content, ad and content measurement, audience insights and product development. Active adults will also love the parks and gyms throughout the city. Get more stories delivered right to your email. 3 Niche users give it an average review of 4.7 stars. This is a gated community located on the outside of Granbury. Friendly people and beautiful houses to look at! 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. It has the lowest occurrence of hail, lightning, tornados, and floods. San Antonio is the ideal place to combine a scenic Texas Hill Country retirement with the amenities of a large . How Much Do I Need to Save for Retirement? And where are Houston and San Antonio? We compare data on nearly 800 places, with populations above 10,000, in all 50 states. 1 Niche users give it an average review of 5 stars. 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. Texas A&M is 65 miles away in College Station. Getting bumped from the best place to retire in Texas, is, Dallas-Fort Worth Metropolitan Area, TX, USA, El Paso sees mostly thru traffic across the border or into New Mexico, but it's an incredible place to live, too. Featured Review: Current Resident says Hideaway is an amazing place to live. The Texas certified retirement community program is run by the Texas Department of Agriculture. Featured Review: Current Resident says I live in the Barton Creek area and I have always felt very safe in this neighborhood. Featured Review: Current Resident says The community here had always been great. If youre driving, its about 30 miles to Dallas/Fort Worth International Airport and 36 miles to Dallas Love Field. 5 Niche users give it an average review of 3.4 stars. Love Texas? Texas may not be the most tax-friendly state for retirees, but it does have a low cost of living. The Best Places to Retire in Texas - Yahoo News People are always supporting other people, other businesses. Youll find antique stores and craft brewers there, too. Taking classes keeps your mind sharp, helps you network and may even be free. Whatever you are passionate about, whether that be in the area of athletics or the arts, they have an activity/class available for you to master and expand your God-given talent. There truly is no other city like it! Among the many medical centers is Houston Methodist, a top-ranked hospital statewide. It brings up the tail with seniors accounting for just 10.40% of its population. And, yes, living here offers access to top-quality hospitals. Livingston also has 7.66 medical centers per 1,000 residents, which places it only 6th on this list but is still a fairly decent number comparatively speaking. Burnet boasts the lowest tax burden on this list at just 14.90%. But what makes it one of the best places to retire in Texas is its relatively low housing prices. 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. Taking money from your IRA may seem like a simple matter, but it's a decision that must be timed right. But the people are friendly and it's a very quiet area.. Current Resident: LIved here than 5 years and is a gem. 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). 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,. 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 corner and Hill Country Galleria minutes away. 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. Very pretty, though expensive homes, each uniquely designed. Healthcare options are also important to seniors, so we calculated the number of medical centers in each city per 1,000 residents. 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. Well, you might assume it would be a big city like Austin or Houston, but the reality is a little more nuanced. This is not an offer to buy or sell any security or interest. A big part of retirement is staying active, so we also looked at the number recreation centers and retirement communities per 1,000 residents. 1. 1. Consider your health care plans, income sources and tax bracket before making the transition. We analyzed over 226 cities in Texas to determine which cities are worthy of your extended vacation. Copyright 2023 MarketWatch, Inc. All rights reserved. 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. And while it might seem like a miracle, the reality is you're ready to hang up your hat and stirrups. Typically, Texass lack of an income tax makes up for those tax hikes. A part-time career could mean a stressful future if you don't use some of these tips to prepare for retirement. The study included data about housing affordability, happiness, desirability, retiree taxes, the job market and access to quality health care. Check out how much you can expect to have saved by retirement with our free, If you dont think Texas is for you, you can check out the best places to retire in other states. Places to Live Search - Niche Well, Granbury has 0.80 retirement communities per 1,000 residents, the highest number of any city on this list. 31 Niche users give it an average review of 4 stars. Conroe. Another city confirming why the answer to is Texas a good place to retire? is yes is Amarillo. 7 - Livingston, Texas Livingston is a suburb of Houston that regularly ranks high within the state as a retirement getaway. Our 2021 roster contains 25 spots in 18 states across all four continental time zones, representing a wide range of size, climate, culture and politics (though those play no role in our decision-making, we do note the 2020 Presidential vote in our full profiles). However, empty land is rapidly filling up, and its only a matter of time until the DFW megapolis fills the I-35 corridor up to the Oklahoma state line. While this community of 100,000-plus has an upscale reputation (and upscale shopping in its downtown), there are some homes at lower price points. There are also 0.46 retirement communities per 1,000 residents. Retirable, Inc. ('Retirable') is an SEC registered investment advisor. 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. There are also various levels of courses offered, such as AP,. Parent: Good Shepherd is such a special, one-of-a-kind school! Healthcare options are also important to seniors, so we calculated the . The town has 17.60 medical centers per 1,000 residents, which is the most of any city on this list. To empower a confident, worry-free retirement for everyone. Brownsville is considered a gulf coast border town of fewer than 200,000 inhabitants. SmartAsset also ranked the top places to retire in. Spindletop, the site of the largest oil discovery in Texas history, is located here, and a museum commemorates its far-reaching influence. This is our tenth time ranking the best places to retire in Texas. Manage Settings Methodology. You can take classes at Texas State University in San Marcos, 20 minutes by car from New Braunfels. Stephanie Faris has written about finance for entrepreneurs and marketing firms since 2013. I cant stress enough the importance of treating your exploration time as if you were living there, not just visiting on vacation. The consent submitted will only be used for data processing originating from this website. Best Parent Student Loans: Parent PLUS and Private. This left us with 226 places from across the state. Read 112 reviews. It's a great place for kids and adults and welcomes all other communities to join the fun, too. 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? NewHomeSource.com is a trademark of Builders Digital Experience, LLC and all other marks are either trademarks or registered trademarks of their respective owners. The 5 Best Places To Retire in the U.S. - Parade: Entertainment Here are the best cities to retire in Texas: Next: 10. 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 Americans are living longer than ever, and that creates some challenges for retirees. 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. 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. Everyone is friendly and welcoming. We then narrowed it down to places with at least 10,000 people that weren't townships. The majority offer warmish weatherthree are in Florida, with two each in Arizona, Georgia, North Carolina, Texas and Virginia. From when to retire to how much to save, here are expert-backed answers to crucial retirement questions. It's that time of your life when you deserve an indefinite vacation -- retirement. Featured Review: Current Resident says I absolutely love Meadows Place. Pensacola, Florida. (You can audit classes at no cost, too, without a limit on credit hours.). Her work has appeared on Money Under 30, The Motley Fool, MoneyGeek, E-commerce Insiders, and GoBankingRates. Where To Retire In Texas. Silvia Ascarelli is a senior news editor for MarketWatch based in New York. For more information, see our Form ADV Part II and other disclosures. (Read about why, here.). If youre looking for one of the cheapest cities in Texas, consider McAllen, a populous city close to the Mexico border. Speaking of budget, be honest about what youll be spending more on, not just how youll be cutting some costs by leaving Maine. Read more on how this ranking was calculated. Join the line of people heading to the Lone Star State about 1,500 every day in 2018. Ranking based on data from the U.S. Census, FBI, CDC, and other data sources. 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. 27 Niche users give it an average review of 4.9 stars. While this can increase the cost of living, this rate is still relatively low compared to some other states. A financial advisor can help, and SmartAssets, A workplace retirement savings account like a 401(k) can help you save for retirement. I will be moving from Maine within the next five years and would like a location that has freshwater and some national or state parks. Nearby Fort Hood has one of the largest military bases in the U.S. Debt and waiting until a financial situation improves are top justifications financial advisors hear. 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. Featured Review: Niche User says I honestly enjoy living in the Bullard area. Your email address will not be published. If you're not ready to hang up your office apparel yet, then these places might be up your alley: Chris Kolmar has been in the real estate business for almost ten years now. The community has gone above and beyond with the seniors in our community. But there are many other reasons to move to the state, as described below. We have our own police and fire departments keeping us safe and comforted. Read 123 reviews. 8 Niche users give it an average review of 4.8 stars. 25. Here is a list of a few more of the best Texas retirement towns: Find out why life in Texas is better in these small towns when it's time to retire. Population: 1.487 million. Please, 2022 Places with the Lowest Cost of Living. We considered the retiree tax burden, knowing that retirees will want to protect their retirement savings as best they can. Ready to look? Now read:Im 52, wont live past 80 and have $1.6 million. We also are encouraged to participate in various activities. Conroe isnt a retiree haven, although it does attract plenty of snowbirds. Featured Review: Current Resident says This is such a family friendly neighborhood. We analyzed over 211 places in Texas to identify the ones that offer the most to retirees. 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. Our 2021 roster contains 25 spots in 18 states across all four continental time zones, representing a wide range of size, climate, culture and politics (though those play no role in our. 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. You still find Texas horse country and small towns to the north and west. 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). 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. (The name is a hint that the town was founded by German immigrants.). But the people are friendly and it's a very quiet area. Read 3 reviews. Some cities are more historic in nature, while many others are more geared toward families and suburban life. The Best Places to Retire in Texas - US News & World Report Best Places to Live in Texas in 2022-2023 - U.S. News & World Report Featured Review: Current Resident says Highland Park is a very friendly neighborhood, but it's also known as a bubble of its own. Taxes can be a big focus for retirees, and Texas appeals to many because it doesnt have a state income tax. There are many reasons for the states popularity, and you know your reasons best. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. There are plenty of affordable cities in Texas, giving you a wide range of options. The drawback is youll have a longer drive to college classes, airports and hospitals. The neighborhoods here are pretty friendly as well allowing you to walk late at night with no worry. Visit a quote page and your recently viewed tickers will be displayed here. A health savings account is a beneficial tool for retirement planning. Published: June 21, 2021, 12:46 PM Tags: Texas , College Station , San Antonio , Retirement College Station and San Antonio are two of the best places to retire in 2021, according to Forbes . The teachers helped me. Niche User: I honestly enjoy living in the Bullard area. This town does lack entertainment, although it does provide a variety of fast food and restaurants. While New Braunfels has a hospital, you could also go to San Antonio or Austin for care. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. Youll find plenty to do, from touring the Pioneer Museum to taking in the many landmarks and historic buildings. Featured Review: Current Resident says Decordova is located in Granbury, TX. Although. 1 Niche users give it an average review of 3 stars. Where to look? Finally, we calculated the percentage of the citys population thats made up of senior citizens. We've Got A List Of The 8 Best Places To Retire In Texas - OnlyInYourState The cost to buy is ridiculous and rent is very high. Huntsville Independent School District, TX. Here's a look at the Best Places to Retire in 2021. Current Resident: This is such a family friendly neighborhood. The town is close to Houston and Sugar Land, both of which offer plenty of options for recreation and entertainment. Featured Review: Current Resident says I would choose Colleyville as my hometown over and over again. #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. Another interesting tidbit is that it is home to the. Steve and Kathleen Nagel had two special requirements as they searched for a retirement locale last fall: plentiful medical specialists (Kathy, 64, has health issues) and no risk of hurricanes, a perpetual threat to their old home in Lake Charles, 30 miles off the Gulf of Mexico. 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. But look at rapidly growing Denton. The content Things to do (Museums, Colleges, and Libraries in town), Distance to the closest international airport. As an added bonus, the tax burden in Granbury is 15.30%, which is on the lower end of this list. As always, some places that sound great on paper may not be as appealing in real life. 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. 48 Niche users give it an average review of 3.9 stars. Its also more densely populated than Conroe, if thats more your style. Best places to retire in 2021 - WTOP News Is Texas a retirement friendly state? Although Colleyville is growing and modernizing, it will always have the small hometown feel like it did when I was born. We are in close proximity to anything we might need living here and surrounded by neighbors we love. 10 Great Small Towns to Retire - US News & World Report All investing involves risk, including loss of principal. OnlyInYourState may earn compensation through affiliate links in this article. Cameron. My family has enjoyed being part of the Horseshoe Bay landscape for the past 15 years. Niche ranks places to retire based on a variety of factors including cost of living, health care . Here's a look at the most recent IRA and 401(k) tax reform laws. It is very important to do your own analysis before making any decisions based on your own personal circumstances. Texas's largest city clocks in at #120. There's also a massive retirement community for those age 55 and older called Sun City Texas, which has over 15,000 residents. Dallas has a little bit of everything, from restaurants to dining options. SmartAssets free financial advisor matching service makes it easier to find a financial advisor to work with who meets your needs. 15 What is the best month to retire in 2021? 5 Niche users give it an average review of 4.2 stars. 112 Niche users give it an average review of 4.3 stars. As noted in the story above, we also give serious consideration to climate change and natural hazards. Another top cities for veterans listing was produced by Navy Federal Credit Union. Retirable provides holistic retirement planning services, which are available only to residents of the United States. 25. It is kept friendly and very scenic. If you like live music, you cant go wrong with Austin, which is rich in live music venues. My least favorite part is the 1604 part only because of traffic, but. Current Resident: I absolutely love Meadows Place. Download our new guide to help safeguard your retirement. People are always supporting other people, other businesses. You can't beat the schools (Hidden Forest, Bradley, Churchill) and teachers. The 10 Best Small Towns To Live In Texas For 2022 Spring Valley Village Rollingwood Hollywood Park Southside Place Bunker Hill Village Taylor Lake Village Castle Hills Piney Point Village Olmos Park The Hills What's the best small town in Texas? Of Philly's 1.6 million residents, 300,000 are over 60. 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!. The teachers are all invested in their students' education, and there are many courses to choose from. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. 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. The new spending bill makes it easier to save for retirement. 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. 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 . 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. entities, such as banks, credit card issuers or travel companies. 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. That is a rare find, folks. All rights reserved. Key West, Florida One of the most beautiful towns in not only Florida but the entire United States is without a doubt Key West. 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. The Chamber of Commerce counts more than 20 public and private courses in the county. 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. For flexibility and a sense of purpose, consider these jobs for people over 50. Amarillo CITY POPULATION: 199,371 SHARE OF POPULATION 65+: 13.5% Is it better to retire in Nevada or Texas? - 2023 Texas State has 38,000 students and will let you earn up to six credits per semester for free if you are at least 65 years old. Read on to find out and to learn more about how we determined the best of the best cities in Texas for retirement. 6. Best cities to retire in Texas. From Austin to Dallas there are plenty of good retirement towns in Texas.