Austin, Texas – Retirement Guide

Austin, Texas   Retirement Guide

With one of the best live music scenes in the nation, a burgeoning tech community, and the University of Texas, as well as 8 other colleges in its midst, funky Austin lives up to its motto, “Keep Austin Weird,” in all the best possible ways.

Retirees drawn to an intellectual haven, mixed with a colorful arts and music scene will no doubt be entertained in Austin. The state capital is also one of Texas’s most liberal enclaves, and a stark contrast to some of the state’s more conservative towns.

Retirees will find a number of 55+ communities, as well as most any other style of housing in Austin, with a cost of living that is lower than the national average. While living in town is popular, so are some of the neighborhoods toward the west side of town, heading into scenic Hill Country. The town generally enjoys mild weather, though summer can be hot and humid.

Retirees will never want for activities in Austin. They are in proximity to a number of golf courses, a plethora of performance spaces for both theater and music, and a number of universities and colleges offering a variety of continuing education classes.

Pros: Vibrant music and culture scene, near outdoor activities.
Con: Hot, humid summers

At a Glance
Best For: Arts lovers and intellectuals
Population: 820,611
Cost of Living: 5% lower than national average
Median Home Cost: $126,819
Unemployment: 4.6%
Top State Income Tax: No state income tax
Crime Rate: 15% higher than national average

Other points of interest include the State Capitol building — the largest in the nation, the LBJ Presidential Library and the Blanton Museum of Art, the nation’s largest university art museum. Austin is also home to the popular South by Southwest music festival and situated near a number of parks and trails popular with hikers and bikers.

Hungry? Austin boasts hundreds of restaurants, including many dishing up some of the state’s best barbecue.

Top Retirement Cities in Texas:  Austin | Corpus Christi | San Antonio

Photo by Ed Schipul via FlickrAll statistics were up to date as of publication. See these sources for the most current data.