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Should I Retire in Austin, Texas?

Posted by Ryan Rodenbeck on Wednesday, October 16th, 2019 at 5:27pm

Living a healthy life in a city is one of the most important things for seniors when it comes to looking for a place to retire. The City of Austin is not a stranger to that. In fact, it is one of the ideal places for retirement. There are neighborhoods that are perfect for retirees to settle down despite the city being known for its lively and vibrant feel. To answer your questions, is Austin a good place to retire? Should I retire in Austin, Texas? Here are some of the reasons why retiring in Austin Texas will be one of the best decisions you’ll ever make.

 

1. Outdoor Activities

Austin has plenty of green spaces, lakes, and several parks that can keep you active all day long. Whether you’re in downtown Austin or living in on top of a mountain with gorgeous Hill Country views, you’ll never run out of places to keep yourself active. Austin, Texas is one of the fittest cities in the U.S. Seniors can put their running shoes on and go for a hike, walk, swim, bike, or spend a day with your grandkids in the park.

A few of the well-known and loved parks and natural spaces within Austin are Zilker Metropolitan Park, Barton Springs Pool, Barton Creek Greenbelt, Mayfield Park, and Mount Bonnell. Aside from the beautiful green spaces, there are also entertainment venues, shops, and dining areas that are within the proximity of each neighborhood. This will make it easy for seniors to 

 

2. Walkable Neighborhoods

Austin currently ranks as 33rd in the country on the walk score. This is due to different businesses being brought in, especially in downtown Austin. Searching for the right walkable neighborhood in Austin is helpful for retirees for their convenience. The best walkable neighborhoods in Austin are found within the areas of the University of Texas and Downtown Austin. Check out our blog on the best walkable neighborhoods in Austin to know more.

 

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3. Entertainment

As the “Live Music Capital of the World”, Austin is perfect for the young and young at heart. It is home to diverse arts, live music, and cultural events. There are multiple events every week and festivals that occur annually. There are entertainment venues that host operas, theatrical plays, symphonies and performing arts which seniors that are fond of the creative will definitely appreciate.

 

4. Warm Climate

For seniors that are looking for a place with a warmer climate and are sensitive to cool weather, retiring in Austin, Texas is ideal. It does get really hot here and know that it goes up to about a hundred degrees during summer while winters are mild here.

 

5. Cost of Living

Most retirees in the Austin tend to live in single-homes with small yards or townhouses. Georgetown, Round Rock, Wimberly, Bee Cave, and Cedar Park are a few of the best neighborhoods to retire in Austin TX. Thinking if you should rent vs buy in Austin? Here’s what you need to know. The average cost of buying a home in Greater Austin starts at $305,000 while renting can cost you $1,364 monthly.

Retirees do not need to pay personal or corporate income tax. They can also enjoy low state and local tax rates which can help seniors stretch their budget a little more. Thanks to tech companies such as Google, Dell, and Apple, the economy is expected to thrive in the following years.

Now, are you interested to learn more living and retiring in Austin, Texas? Fill out the form below now and our consultant will get in touch with you.
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