Best Retirement Cities in Texas
Texas Ranks High for Retirement Cities
Best Cities to Retire in Texas
In February of this year, the Wall Street Journal published an article, The 10 Best Places to Retire in the U.S, based on the research conducted by John Brady at TopRetirments.com. At the top of the list in 2012 was San Antonio which placed second just after Sarasota, Florida. San Antonio ranked high based on low home prices, cost of living, low unemployment rate and the city’s cultural activities and attractions.
Canyon Lake, Texas – A Top Retirement Spot just north of San Antonio, Texas
San Antonio is a great place to live, but if its size of 1.3 million people is a bit large for your taste, you may want to consider Canyon Lake, Texas for your retirement location. Canyon Lake is a small town of 23,000 located in the Texas Hill country just 30 miles north of San Antonio. Canyon Lake is close enough to San Antonio to take advantage of the activities and festivals it offers, but far enough away to enjoy a lifestyle surrounded by the natural beauty and peacefulness of the Texas Hill Country.
According to Zillow.com, Canyon Lake’s medium home price is $193,000, a bit higher than San Antonio’s of $150,000. But Canyon Lake’s unemployment rate is 5.8% as compared to San Antonio’s 6.8%, and its cost of living index is 81,a bit lower than San Antonio at 91. A positive for both, of course, is the issue of income tax. There is none in Texas.
Canyon Lake, Texas – A Water Recreational Capital of Texas
According to TopRetirements.com,
“The area is becoming popular with retirees - the average age is 45. Canyon Lake (actually a reservoir completed in 1964) is a recreation center for the region. The Corps of Engineers maintains 8 park areas around the lake for camping, swimming, boating and picnicking. There are several boat ramps for access to the lake. Hiking biking and equestrian trails are available, as well as limited hunting.”
Canyon Lake, Texas – Fall Festivals in the Surrounding Area
Besides the wonderful outdoor activities Canyon Lake provides its retirees, the surrounding area hosts a number of fabulous festivals which active adults 55+ are looking for when deciding on a place to retire, according to TopRetirements.com. The Music and Wine Festival in Gruene, the Texas Clay Festival, a gathering of over 100 of the best potters in Texas, and Wursfest, a German folk festival, which has been celebrated for fifty years are a few of the special events this fall. For a detailed list of activities, click here.
What makes something the best is, of course, entirely subjective. When looking at the best cities to retire In Texas, do your homework. Determine what is most important to you and what meets your financial criteria.
To help you in your retirement decision making process, we have collected a number of resources from health care to investment planning to suggested lists of best places to retire. To access these resources click the box below.