Investing involves risk and past performance is not indicative of future results. 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 town is great when coming to education producing great students by great teachers. Read 59 reviews. 3 Niche users give it an average review of 4.7 stars. Featured Review: Nearby Resident says Alamo Heights has an excellent school district, safe neighborhoods, and easy access to all amenities life requires.. Current Resident: I live in the Barton Creek area and I have always felt very safe in this neighborhood. 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. 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. It might surprise you but Huntsville ranks as the safest part of Texas weather-wise. Featured Review: Current Resident says Sweet gated community on the Brazos river, which big houses on several acre lots. 123 Niche users give it an average review of 4.3 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. This town located west of Fort Worth ranks in the top 50 places to retire in the United States. 5 Niche users give it an average review of 3.4 stars. But there are many other reasons to move to the state, as described below. You can look up and clearly see the stars and constellations. Love Texas? Methodology. 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. 6 min read. Jim has run his own advisory firm and taught courses on financial planning at DePaul University and William Rainey Harper Community College. Victoria DeCuir/ Courtesy Denton Public Library, reduced or even free tuition as a senior citizen, There is more to picking a place to retire than low taxes avoid these 5 expensive mistakes, Health care will cost this much in retirement but probably even more, claim that same fee waiver for six credit hours per semester. 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. Copyright 2023 MarketWatch, Inc. All rights reserved. People are always supporting other people, other businesses. These two big schools also offerauditing options. 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,. In November they closed on a one-story on the outskirts of Knoxville, where they are now living happily. The doctor data comes from countyhealthrankings.org while air ratings are from the U.S. Environmental Protection Agency. The laid-back lifestyle and low housing prices draw many retirees to Corpus Christi. Obviously there are plenty of amenities in Houston, including an international airport and big-name hospitals. 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. You can find out more about him on LinkedIn or his website. Everyone is friendly and welcoming. You can't beat the schools (Hidden Forest, Bradley, Churchill) and teachers. 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. 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. 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. Please, 2022 Places with the Lowest Cost of Living. Read 31 reviews. This guide will show you the 10 best places to retire in Texas and explain what makes them so good for retirees. Everything's within walking distance, well-maintained streets, good safety, and its an overall gorgeous city. Read 22 reviews. We are also surrounded by other wonderful, small towns, which all come together to form one school district, which I think is the best around. People are always supporting other people, other businesses. 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. 6. We considered many factors when determining which cities were the the best places to retire in Texas. 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. The community has gone above and beyond with the seniors in our community. Conroe. 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. Community, though, wont be a problem: The citys population is 30% senior citizens, the highest percentage of any city on this list. We just kept putting on and taking off masks, Steve shrugs. 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. 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. We live in purgatory: My wife has a multimillion-dollar trust fund, but my mother-in-law controls it. You can enjoy the Lake Fest activities as seen on ESPN every summer at Lake LBJ. Read 1 review. It has a 16.70% tax burden. Featured Review: Current Resident says I would choose Colleyville as my hometown over and over again. Population: 1.487 million. Outside of work, you can likely find her curled up on the sofa with a hot cup of coffee, watching a crime TV show or scary movie. Residents can enjoy a thrilling day at Six Flags Fiesta Texas, or simply take a leisurely stroll along, Brownsville boasts a fascinating blend of Texas and Mexican culture due to its location right near the border. In fact, the only area in which it doesnt have a middling ranking is its senior population. Amarillo CITY POPULATION: 199,371 SHARE OF POPULATION 65+: 13.5% the ages range from newborn to grand parents. Current Resident: Woodway is a beautiful, oak tree-filled town on the outskirts of Waco, TX. 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? 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. A warm climate and plenty of bustling towns make it popular with many retirees. I am tired of both the rat race and workplace politics. Should I retire? 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. Friendly people and beautiful houses to look at! It is a diverse neighborhood and they are all good people as well. Read 1 review. 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. I will be buying a house and selling the one in Maine. Harlingen 5. 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. 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. Featured Review: Current Resident says The community here had always been great. With Lone Star College nearby, you can claim that same fee waiver for six credit hours per semester. The last thing any of us wants in retirement is to be unnecessarily squeezed. 3 Niche users give it an average review of 3.7 stars. Although the choice of where to spend your golden years takes a lot of careful consideration, its nice to know our state is brimming with great options. The teachers are all invested in their students' education, and there are many courses to choose from. Im 52, wont live past 80 and have $1.6 million. 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. Youll get year-round warm weather and access to all the amenities that come with living in a larger town. 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. A typical Social Security payment is likely to cover basic costs in these areas. (Maine, by the way, wont tax your Social Security check.) 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. 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. Corpus Christi 1 / 14 Credit 10. SmartAsset Advisors, LLC ("SmartAsset"), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S. Securities and Exchange Commission as an investment adviser. My least favorite part is the 1604 part only because of traffic, but. Current Resident: I absolutely love Meadows Place. In addition to the cultural attractions of Houston, Webster is close to the Trinity Bay portion of Galveston Bay. Live entertainment? There are also 0.46 retirement communities per 1,000 residents. 59 Niche users give it an average review of 4.4 stars. 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. I cant stress enough the importance of treating your exploration time as if you were living there, not just visiting on vacation. It's that time of your life when you deserve an indefinite vacation -- retirement. And while it might seem like a miracle, the reality is you're ready to hang up your hat and stirrups. The people here in Plano are so diverse, and so hospitable! 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. Finally, we calculated the percentage of the citys population thats made up of senior citizens. Read 123 reviews. . We considered many factors when determining which cities were the the best places to retire in Texas. It's a very niche community that celebrates fun events, but it does have a reputation of a rich neighborhood, and diversity is welcomed, just rare. Between the cost of living, healthcare, and activities to fill up your leisure time with, there are many different factors to consider. San Antonio has an energy that's both lively - due to the upbeat Hispanic culture - and laid-back. 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. SmartAssets free financial advisor matching service makes it easier to find a financial advisor to work with who meets your needs. Granbury is located just an hour from Dallas, where you can enjoy all that the city has to offer in terms of culture. One-bedroom rent: $786.89. The existence of a fiduciary duty does not prevent the rise of potential conflicts of interest. The town has 17.60 medical centers per 1,000 residents, which is the most of any city on this list. Read 27 reviews. 2022 Retirable Inc. 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. 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. In addition to being ideal for beach lovers, Port Arthur is also a suburban town packed with amenities. And the winner? Hideaway is filled with old residents but the new and young ones keep it live and well. Look for ways to trim costs and keep items in solid condition to stretch retirement dollars. As noted in the story above, we also give serious consideration to climate change and natural hazards. Another town near Houston, Richmond boasts the second-lowest tax burden on this list with a tax rate of 15.20%. What is the best month to retire in 2021? Very pretty, though expensive homes, each uniquely. Current Resident: What a great place to live. We combined all of that data to create this list of the best places to retire in Texas. HomeSnacks has crunched the numbers for you to find the answers to this pressing question. We are in close proximity to anything we might need living here and surrounded by neighbors we love. A financial advisor can help, and SmartAssets, A workplace retirement savings account like a 401(k) can help you save for retirement. 7 - Livingston, Texas Livingston is a suburb of Houston that regularly ranks high within the state as a retirement getaway. Well, Granbury has 0.80 retirement communities per 1,000 residents, the highest number of any city on this list. We also are encouraged to participate in various activities. Featured Review: Current Resident says I absolutely love Meadows Place. I am tired of both the rat race and workplace politics. Should I retire? Brownsville is considered a gulf coast border town of fewer than 200,000 inhabitants. 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. Average Retirement Savings: How Do You Compare? Humble also is towards the middle of the pack in terms of tax burden, with a tax rate of 16.20%. If youre looking for the cheapest place in Texas to live, another consideration is Killeen. Looking to retire deep in the heart of Texas? Join the line of people heading to the Lone Star State about 1,500 every day in 2018. Texas. 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. 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). We are looking forward to a healthy peaceful retirement with our grandchildren, when they finally arrive. I would like a good hospital and airport within a one-hour drive. If you like live music, you cant go wrong with Austin, which is rich in live music venues. While the overall tax burden is low, sales and property taxes are on the higher side. For more information, see our Form ADV Part II and other disclosures. But assuming youre good with 100-degree days, you can certainly find places that offer what you are looking for, all with different personalities. Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities. Key West, Florida One of the most beautiful towns in not only Florida but the entire United States is without a doubt Key West. But what makes it one of the best places to retire in Texas is its relatively low housing prices. Junior: Second Baptist school welcomes you, encourages you, and prepares you. 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. And, while you can live in a neighborhood, you could also opt to find a home with more land. 2 Niche users give it an average review of 4 stars. 1. Texas's largest city clocks in at #120. Brownsville-Harlingen tops the list as the cheapest place to live in Texas. What happens to my Social Security benefit if my husband dies. Builders Digital Experience, LLC. And where are Houston and San Antonio? 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. We use data, analytics, and a sense of humor to determine quality of life for places across the nation. Last year, we noted work-from-home would enable some boomers to move while still on the job. There are also various levels of courses offered, such as AP,. Parent: Good Shepherd is such a special, one-of-a-kind school! Here's a look at the most recent IRA and 401(k) tax reform laws. Though that ties it with Woodway and Webster for the highest tax burden on this list, this rate is not terribly high comparatively speaking. Taxes can be a big focus for retirees, and Texas appeals to many because it doesnt have a state income tax. How Much Do I Need to Save for Retirement? It has the lowest occurrence of hail, lightning, tornados, and floods. For entertainment, you dont need to go all the way to Houston. All rights reserved. My least favorite part is the 1604 part only because of traffic, but there are easy ways to avoid it Read 7 reviews. As such, residents in these areas have access to more amenities than those in typical small cities. I wouldn't change a single thing about Decordova, I just never want to leave. It is near the Armand Bayou Nature Center, where you can see more than 370 species of animals at what is the nations largest urban wilderness preserve. San Antonio is the ideal place to combine a scenic Texas Hill Country retirement with the amenities of a large . Living on a golf course or near the lake is a. Current Resident: Decordova is located in Granbury, TX. We have a brand new community center and pool with a basketball court, sand volleyball court, tennis courts, walking path, and exercise equipment. 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. 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. Katie Lawrence is a Southeast Texas native who graduated 18th in her high school class with a GPA of 4.25. Livingston is another Houston suburb. The Padre Island National Seashore provides a 70-mile stretch of undeveloped coastline to enjoy the sand, sun and wildlife. But look at rapidly growing Denton. (Read about why, here.). Our family feels truly blessed to have found a school home that cares about our children and our family. Check out the local symphony orchestra, a mix of professionals and amateurs. Socorro 8. It is kept friendly and very scenic. Some Texas cities, though, have more to offer retirees than others. This is a gated community located on the outside of Granbury. Youll also find all the dining and shopping you need both downtown and in the surrounding suburbs. For the second year, we also considered climate change and disaster risk. Current Resident: Hideaway is an amazing place to live. Killeen, Texas, is located in east-central Texas and has a population of about 156,000, according to the latest U.S. census. Even a pandemic couldnt stop some of the nations 70 million baby boomers from their determined pursuit of an agreeable retirement lifestyle. Featured Review: Current Resident says Woodway is a beautiful, oak tree-filled town on the outskirts of Waco, TX. Great place for just taking a stroll in either the morning or late in the evening. And if Conroe or the Woodlands isnt for you, youre likely to find something in the wider Houston metro area. 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. 2015-2023 Chasing Chains, LLC. To empower a confident, worry-free retirement for everyone. Today, Katie writes for the Texas and Arizona pages of OnlyInYourState.com and has never been more passionate about a job before. 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. Taking classes keeps your mind sharp, helps you network and may even be free. Additionally, the winter climate is mild, which attracts "snowbirds" who have second homes in McAllen to escape the cold. Last year, we consulted a University of Notre Dame Urban Adaption Assessment which focuses on issues like sea level rise and heat. 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. Pensacola, Florida. If you would like to change your settings or withdraw consent at any time, the link to do so is in our privacy policy accessible from our home page.. Situated next to Lake Waco and having so many wooded areas, we often find families of deer in our yards! We have several community events around the holidays and otherwise. This suburb does a great job about catering to all ages. entities, such as banks, credit card issuers or travel companies. This suburb does a great job about catering to. Current Resident: It's a great place to live. As an added bonus, the tax burden in Granbury is 15.30%, which is on the lower end of this list. I have even considered coming back and building my family her in this neighborhood. Read 2 reviews. 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. 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. Im 66, we have more than $2 million, I just want to golf can I retire? 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. And, yes, living here offers access to top-quality hospitals. He originally worked for Movoto Real Estate as the director of marketing before founding HomeSnacks. While this can increase the cost of living, this rate is still relatively low compared to some other states. 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. There were more than 35 communities on the Texas list of certified retirement communities as of 2016, but the . You'll get access to high-quality healthcare, recreation, and cultural attractions. 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. Read 4 reviews. Best Parent Student Loans: Parent PLUS and Private. Ranking based on data from the U.S. Census, FBI, CDC, and other data sources. 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). Many of the towns we've featured here have topped one list or another depending on who is putting together the rankings. Americans are living longer than ever, and that creates some challenges for retirees. Niche ranks places to retire based on a variety of factors including cost of living, health care . To view the purposes they believe they have legitimate interest for, or to object to this data processing use the vendor list link below. You can take classes at Texas State University in San Marcos, 20 minutes by car from New Braunfels. However, Richmond shines for its number of recreation centers. El Paso. Provides auto-suggestions when entering text, Niche requires Javascript to work correctly. The biggest factors we take into account involve money, including median home prices and overall cost of living compared to the national average, and state taxes, including special income tax exemptions for Social Security and other retirement income and state estate/inheritance taxes. Retirees may be able to visit or volunteer at the Texas State Aquarium, USS Lexington or South Texas Botanical Gardens and Nature Center. The homes are on the more expensive side, but considering the views and the community it is well worth it. Read 48 reviews. 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. How We Determined the Best Places to Retire. 5 Niche users give it an average review of 4.2 stars. Texas A&M is 65 miles away in College Station. And where are Houston and San Antonio? Youll get access to high-quality healthcare, recreation, and cultural attractions. Read on to find out and to learn more about how we determined the best of the best cities in Texas for retirement. Well, you might assume it would be a big city like Austin or Houston, but the reality is a little more nuanced. Comparative assessments and other editorial opinions are those of U.S. News 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. 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.