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New Study from SmartAsset ranks the 10 best places to retire in Texas

Best Places to Retire

 

 

 

Rank

City

Tax

Doctors' Offices per 1,000 People

Recreation Centers per 1,000 People

Retirement Centers per 1,000 people

% of Seniors

Best Place to Retire Index

1

Katy, TX

15.5%

17.7

3.9

0.6

14.1%

54.86

2

Granbury, TX

14.4%

5.0

2.3

0.6

29.5%

45.05

3

Fredericksburg, TX

14.4%

4.5

1.4

0.6

29.4%

43.31

4

Woodway, TX

15.8%

10.9

1.1

0.3

23.9%

41.73

5

Livingston, TX

14.4%

7.3

1.4

0.6

14.5%

41.15

6

Webster, TX

15.8%

14.9

1.2

0.2

8.8%

39.62

7

Tomball, TX

15.8%

9.1

1.2

0.5

17.6%

39.40

8

Humble, TX

15.3%

9.0

2.1

0.4

11.1%

38.20

9

Richmond, TX

14.2%

7.7

2.2

0.2

12.2%

36.72

10

Decatur, TX

14.4%

7.3

0.9

0.2

16.1%

35.65

Methodology

 

A happy, healthy retirement depends a lot on location. To find the best places to retire, SmartAsset gathered data on three separate regional factors that affect the quality of life for retirees.

First, we looked at state and local tax rates, considering two types of taxes: income and sales. We calculated effective rates based on a typical retiree earning $35,000 annually (from retirement savings, Social Security or part-time employment) and spending their disposable income on taxable goods. Next, we determined the number of doctors’ offices, recreation centers and retirement centers per thousand residents in each area. Finally, we found the number of seniors in each area as a percentage of the total population.

 

In our final analysis, we ranked each county and city on these three factors. Then we calculated an average ranking for each area, weighting the three factors equally. The areas with the lowest average ranking are the best places to retire.

 

Sources: US Census Bureau 2016 County Business Patterns (CBP) and ZIP Code Business Patterns (ZBP), Avalara, US Census Bureau 2017 American Community Survey, government websites

 

https://smartasset.com/retirement/retirement-calculator#texas