by Robert Borges on September 23, 2024
Austin has quickly become a trending place for retirees to live, making it a great place to retire. It’s a tax-friendly, affordable city in a warm climate with a wide range of activities and access to housing and healthcare, making it ideal for seniors entering their next season of life.
While Southern California retirement cities are often hailed as the best places to retire, seniors and older adults are finding top-of-the-line retirement communities in Virginia, Texas, and across the US. Austin, Texas for example, is one shining example.
Reasons Why You Should Retire in Austin
Austin is known as a hip city with rich, eclectic culture and a strong economy. People of all ages are moving to Austin to explore its beautiful environment, exciting activities, and enjoy a more diverse way of life.
So, what makes Austin so appealing to retirees in particular? Let’s take a look:
Better Tax Climate
If you’re retired and ready to slow down without breaking the bank, Austin may just be the city for you. Retirees in Austin don’t pay personal or corporate income tax, and the state of Texas doesn’t tax retirement income or impose state property taxes. This helps reduce housing costs, allowing retirees to maximize their fixed income for a more comfortable lifestyle.
Lower Cost of Living
Speaking of getting your dollar to go farther, Austin also boasts of a lower cost of living compared to the national average cost of living. The average cost of living in Austin is 3% lower than the national average, but other expenses are actually lower! Utilities and groceries, for example, cost 12% lower than the national average.
This ensures that retirees in Austin can maintain a balanced lifestyle, enjoying travel and leisure without having to compromise on your vacation ideas – rev up the RV or snag those cruise tickets–you can still enjoy trips while living affordably in Austin!
Wide Variety of Activities
Austin has a notoriously vibrant art scene, great spots for good food, fun outdoor activities, and more. Retirees can walk trails, bike, swim, kayak, or simply enjoy an afternoon at the park. In the mood for some live music or a happy hour? Take a walk to the end of the block and you’re sure to find a hidden gem!
This city is filled with activity for individuals of all ages, and when you live in a retirement community in or near Austin, your options only grow! From fitness classes to book clubs, there’s something for everyone in this sunny city.
Easy Access to Healthcare
Retirees need to plan for the future, and it’s smart to settle into a location with quick and easy access to specialists and medical facilities. Austin offers options for everything from preventative care to long-term care.
There are three major healthcare systems to choose from: St. David’s Healthcare, Baylor & Scott White Healthcare, and Ascension Seton Healthcare Family. There are also many hospitals, local clinics, and wellness centers in town, as well.
Housing Options Galore
From luxury apartments to spacious single-family homes, Austin has it all. As Austin grows in popularity across all age groups, retirement communities offer a more serene and tailored lifestyle, allowing retirees to enjoy the city without the distractions of a bustling, mixed-age neighborhood.
These communities can offer a range of housing options to suit your needs and lifestyle. You can find cozy apartments, townhomes with a view, condos, and single-family units near all of your favorite community hotspots and amenities.
Find Your Dream Retirement Community
In the past several years, Austin has exploded with potential, activity, and benefits for retirees. This Texan city offers competitive tax breaks and benefits to retirees, a lower cost of living that benefits those with a fixed income, a multitude of housing options, easy access to healthcare, and a wide range of hobbies and activities to keep you active and engaged.
Living in a retirement community in Austin can come with many benefits, including customized amenities, consolidated costs, and opportunities to make friends with like-minded people in your age bracket. To find a retirement community that suits your lifestyle and meets your needs, check out Private Communities' user-friendly search tool and get started today!
