Just a word of caution: Maine to Texas is quite a temperature switch, so consider investigating your possibilities during the summer. Jim Barnash is a Certified Financial Planner with more than four decades of experience. This peculiar name of a city won first place for retirement because of its low cost of living and its proximity to bigger cities. More than 20% of the 21,000 residents there are 65 and older. If charming small towns are your thing, Cameron is the place for you. (The name is a hint that the town was founded by German immigrants.). Despite being home to over seven million people, Near the Texas-Louisiana border, Beaumont is located about 90 miles outside of Houston. All rights reserved. So there you have it, the best place to retire in Texas goes to Santa Fe. Texas can be hit pretty hard by inclement weather from time to time. Featured Review: Senior says TOPS is a wonderful school! I want to retire to Texas. Other notable cities include Fredericksburg and Southlake, a city that got 10/10 on our snackability scale. Additionally, the winter climate is mild, which attracts "snowbirds" who have second homes in McAllen to escape the cold. San Antonio is the ideal place to combine a scenic Texas Hill Country retirement with the amenities of a large . Im 66, we have more than $2 million, I just want to golf can I retire? We considered many factors when determining which cities were the the best places to retire in Texas. This town located west of Fort Worth ranks in the top 50 places to retire in the United States. The residents are kind and selfless, and you will probably make a friend wherever you go. A typical Social Security payment is likely to cover basic costs in these areas. Last year, we noted work-from-home would enable some boomers to move while still on the job. This is a gated community located on the outside of Granbury. Lastly, SBS prepares us for our next step in life. Listmakers were selected based on an assortment of data and amenitiesfrom affordability and action to walkability . Featured Review: Current Resident says I live in the Barton Creek area and I have always felt very safe in this neighborhood. The families are all so close and are always looking out for each other. And if Conroe or the Woodlands isnt for you, youre likely to find something in the wider Houston metro area. 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. You have plenty of options in the DallasFort Worth area, as well. We have a brand new community center and pool with a basketball court, sand volleyball court, tennis courts, walking path, and exercise equipment. The teachers helped me with the curriculum of a new school, the administrators helped me adapt to a new system, and some of the students I first met are now my closest friends. If I had a choice I would have lived here from the beginning rather than move here in the 5th grade.The rural atmosphere is more enjoyable than the city life of Bryan, TX where I was born. Its one of the best retirement communities in Texas, though, due to its healthcare industry. Stretched between the Atlantic Ocean and the Cape . Have a question? The 5 Best Places To Retire. Stephanie Faris has written about finance for entrepreneurs and marketing firms since 2013. Killeen, Texas, is located in east-central Texas and has a population of about 156,000, according to the latest U.S. census. You can read more about our methodology and sources below the list. Kids are at the park playing while couples are sitting on their porch drinking coffee. The list is compiled . (Maine, by the way, wont tax your Social Security check.) the ages range from newborn to grand parents and not once will you not feel included in this neighborhood. Please, 2022 Places with the Lowest Cost of Living. Denton also stands out among neighboring cities that were just farms a few decades back and are now planned communities, in that it has some older housing stock. 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. 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. There are also various levels of courses offered, such as AP, honors, dual credit, and regular. Brownsville-Harlingen tops the list as the cheapest place to live in Texas. The consent submitted will only be used for data processing originating from this website. Another city confirming why the answer to is Texas a good place to retire? is yes is Amarillo. Youll find plenty to do, from touring the Pioneer Museum to taking in the many landmarks and historic buildings. Many small business. Current Resident: Sweet gated community on the Brazos river, which big houses on several acre lots. Read more on how this ranking was calculated. 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. Not to mention, the schools are fantastic! Current market conditions bring both opportunity and risk. And, while you can live in a neighborhood, you could also opt to find a home with more land. We used several factors to determine retirement "worthiness," which included good weather, average population age, and cost of living. A health savings account is a beneficial tool for retirement planning. You play an instrument? My friends and I love to drive through that neighborhood and admire the homes that are there. This allows for a variety of people to come and enjoy our many town traditions. Wichita Falls 10. You say you want to use some of the money from selling your Maine house for college. Taking classes keeps your mind sharp, helps you network and may even be free. The content The 10 Best Places to Retire in Texas in 2021, The 9 Best Places to Retire in Hawaii in 2021. It has 2.02 recreation centers per 1,000 residents, the third most of any city on this list. 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. 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. There were more than 35 communities on the Texas list of certified retirement communities as of 2016, but the . Katys proximity to Houston means easy access to professional sports games, arts and other amenities that big cities offer, while you can live in a relatively small town. Ranking based on data from the U.S. Census, FBI, CDC, and other data sources. One-bedroom rent: $786.89. 10 cities in Texas are among the best places to retire in the nation for 2022-2023. the ages range from newborn to grand parents. Current Resident: Woodway is a beautiful, oak tree-filled town on the outskirts of Waco, TX. Copyright 2023 MarketWatch, Inc. All rights reserved. We have several community events around the holidays and otherwise. An example of data being processed may be a unique identifier stored in a cookie. 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. 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. Here is a list of a few more towns in Texas where the cost of living and the safety ratings are favorable: Whether you plan to visit one of these charming small towns in Texas or make it your retirement home these towns are among the cheapest places to live in Texas. Featured Review: Current Resident says LIved here than 5 years and is a gem. 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. #2 Best Places to Retire in Texas Shenandoah Suburb of Houston, TX 4 reviews A minus Overall Niche Grade A+ Public Schools A+ Good for Retirees Population 3,350 View nearby homes #3 Best Places to Retire in Texas Hollywood Park Suburb of San Antonio, TX 12 reviews Current Resident: This is such a family friendly neighborhood. But look at rapidly growing Denton. 17 Niche users give it an average review of 4.4 stars. Very pretty, though expensive homes, each uniquely designed. We considered the retiree tax burden, knowing that retirees will want to protect their retirement savings as best they can. But Philadelphians know their city as a green, welcoming, community-minded place. 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 . If the historic Crighton Theatre doesnt have what youre looking for, you can head to the Woodlands, a planned community in the southern end of the county with an amphitheater that draws big names. The area is beautiful and the schools are excellent. The teachers make it clear that they are there to help us, and are understanding with what we are struggling with. San Juan 6. The couple investigated Nashville, Austin, Tex., and Asheville, N.C. As part of their online research they came across a Facebook group touting the eastern Tennessee city of Knoxville. 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. Although many of the activities are geared toward families, two senior centers ensure retirees have plenty to do. Wilmington, North Carolina. Check out the local symphony orchestra, a mix of professionals and amateurs. 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). Population: 1.487 million. 5 Niche users give it an average review of 3.4 stars. Retirable provides holistic retirement planning services, which are available only to residents of the United States. Ready to look? 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. 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. Current Resident: Lakeway is the best place to grow up/raise a family! Read more on how this ranking was calculated. Typically, Texass lack of an income tax makes up for those tax hikes. 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. Comparative assessments and other editorial opinions are those of U.S. News Editors Note: Data has been updated for 2023. And, yes, living here offers access to top-quality hospitals. 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. In November they closed on a one-story on the outskirts of Knoxville, where they are now living happily. The teachers helped me. Niche User: I honestly enjoy living in the Bullard area. Provides auto-suggestions when entering text, Niche requires Javascript to work correctly. Manage Settings How long will $100,000 last me in retirement. 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. on this page is accurate as of the posting date; however, some of our partner offers may have expired. HomeSnacks has crunched the numbers for you to find the answers to this pressing question. Are you surprised to see any of these cities on the list? You'll make lots of friends too - 20.1% of residents here are 65 or older. FEMA National Risk Index for Natural Hazards, growing threat to the finances and wellbeing of retirees who have clustered in those areas. 1. I highly recommend coming out for a visit. That is a rare find, folks. Population: 682,669. It has the lowest occurrence of hail, lightning, tornados, and floods. You'll have to come to visit to find out. 5. Senior insurance needs are different. 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. Am I crazy? After my mother died, my cousin took her designer purse, and my aunt took 8 paintings from her home then things really escalated, It broke me: Everyone says you need power of attorney, but nobody tells you how hard it is to use, 3 ways to prepare your portfolio for a recession. SmartAsset also ranked the top places to retire in. 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 Nearby Fort Hood has one of the largest military bases in the U.S. Population: 12,782Rank Last Year: 6 (Up 5)Median Rent: $897Distance to Closest Airport: 16 milesMore on Santa Fe: Real Estate|Data|Photos, Population: 14,480Rank Last Year: 4 (Up 2)Median Rent: $1,051Distance to Closest Airport: 21 milesMore on Lockhart: Real Estate|Data|Photos, Population: 10,864Rank Last Year: 1 (Down 2)Median Rent: $1,064Distance to Closest Airport: 30 milesMore on Fredericksburg: Real Estate|Data|Photos, Population: 30,754Rank Last Year: 3 (Down 1)Median Rent: $1,497Distance to Closest Airport: 7 milesMore on Southlake: Real Estate|Data|Photos, Population: 16,154Rank Last Year: 16 (Up 11)Median Rent: $939Distance to Closest Airport: 30 milesMore on Taylor: Real Estate|Data|Photos, Population: 11,654Rank Last Year: 7 (Up 1)Median Rent: $719Distance to Closest Airport: 79 milesMore on Port Lavaca: Real Estate|Data|Photos, Population: 19,408Rank Last Year: 11 (Up 4)Median Rent: $1,039Distance to Closest Airport: 34 milesMore on Angleton: Real Estate|Data|Photos, Population: 24,071Rank Last Year: 8 (No Change)Median Rent: $948Distance to Closest Airport: 52 milesMore on Kerrville: Real Estate|Data|Photos, Population: 15,997Rank Last Year: 10 (Up 1)Median Rent: $833Distance to Closest Airport: 86 milesMore on Gatesville: Real Estate|Data|Photos, Population: 18,001Rank Last Year: 30 (Up 20)Median Rent: $797Distance to Closest Airport: 2 milesMore on Alice: Real Estate|Data|Photos. The drawback is youll have a longer drive to college classes, airports and hospitals. Living on a golf course or near the lake is a. Current Resident: Decordova is located in Granbury, TX. It has 8.44 medical centers per 1,000 residents. Hideaway is filled with old residents but the new and young ones keep it live and well. And the winner? Sometimes it makes more sense for one member of a married couple to keep working. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. You can take classes at Texas State University in San Marcos, 20 minutes by car from New Braunfels. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. How Much Do I Need to Save for Retirement? Read 4 reviews. The community has gone above and beyond with the seniors in our community. To get a sense of the housing market, heres whats on the market now. A warm climate and plenty of bustling towns make it popular with many retirees. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. 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. Obviously there are plenty of amenities in Houston, including an international airport and big-name hospitals. Read 12 reviews. 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. Mot residents are older, or have children in high school. Moon light nights are the best. 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. It comes in fourth on this list with 2.00 recreation centers per 1,000 residents. We are in close proximity to anything we might need living here and surrounded by neighbors we love. If you like to golf, youll have plenty of choices. Hike the, Next up is the Alamo City. Texas is known for oil, barbecued meat, and ranches, but the state has many things to offer retirees. Youll also find all the dining and shopping you need both downtown and in the surrounding suburbs. The study included data about housing affordability, happiness, desirability, retiree taxes, the job market and access to quality health care. 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,. 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 best part about living in this small town is the ability to recognize and have a conversation with the majority of townspeople. Read 5 reviews. But there are many other reasons to move to the state, as described below. As such, residents in these areas have access to more amenities than those in typical small cities. California is one of the most beautiful states, and Rancho Mirage just proves that point even more, making it one of the best places to retire in 2021. We just kept putting on and taking off masks, Steve shrugs. People are always supporting other people, other businesses. All rights reserved. Consider your health care plans, income sources and tax bracket before making the transition. This is not an offer to buy or sell any security or interest. It has a 16.70% tax burden. You can have the big city experience when you want it, but have a quiet getaway at the end of the day. Taking money from your IRA may seem like a simple matter, but it's a decision that must be timed right. It is so close to all facilities, grocery stores, doctors, hospitals and all the sports available in the Texas Hill Country. 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 . As for fresh water, youd be close to Ray Roberts Lake State Park and a nearly 46-square-mile lake. 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. This Gulf Coast town is one of the best cities to retire in Texas if youre looking for a beachfront community. The cost to buy is ridiculous and rent is very high. We have a fun summer swim team that connects many families. 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? We compare data on nearly 800 places, with populations above 10,000, in all 50 states. The town is great when coming to education producing great students by great teachers. 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. Read 27 reviews. The people here in Plano are so diverse, and so hospitable! 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). 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 . We are looking forward to a healthy peaceful retirement with our grandchildren, when they finally arrive. The air is always fresh and clean. It might surprise you but Huntsville ranks as the safest part of Texas weather-wise. The laid-back lifestyle and low housing prices draw many retirees to Corpus Christi. 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. Whats our next move? 3 Niche users give it an average review of 4.7 stars. Nearby Resident: It's a beautiful neighborhood! The cost to buy is ridiculous and rent is very high. 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. It has a 65 . Love Texas? If Florida is too beachy and California is too West Coast, then there is another state that many people consider for retirement living: Texas. Retirement in Texas comes with mild winters, low taxes and affordable housing. It is not far from the world famous Blue Bonnet Caf. Medicare just crushed the hopes of 750,000 Alzheimers patients a year. 25. 59 Niche users give it an average review of 4.4 stars. It brings up the tail with seniors accounting for just 10.40% of its population. The Bible classes and the chapels are designed for us to grow and learn more about God. Featured Review: Current Resident says I absolutely love Meadows Place. By using this website, you accept our Terms and Conditions and Privacy Policy. It offers countless opportunities to explore the outdoors while also enjoying the young city life. And where are Houston and San Antonio? 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. It's a great place for kids and adults and welcomes all other communities to join the fun, too. My family has enjoyed being part of the Horseshoe Bay landscape for the past 15 years. The town is close to Houston and Sugar Land, both of which offer plenty of options for recreation and entertainment. Many of the towns we've featured here have topped one list or another depending on who is putting together the rankings. Builders Digital Experience, LLC. There are many reasons for the states popularity, and you know your reasons best. As always, some places that sound great on paper may not be as appealing in real life. We combined all of that data to create this list of the best places to retire in Texas. 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? 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.