BEST CITIES TO RETIRE TO
Baby Boomers are looking for the best places to retire.
Baby Boomers, those of us born between 1946 and 1964, are upwardly mobile and for the most part very savvy about the internet, finances, health care and all the fun places to go for the night life.
Retirement no longer means sitting at “Home Alone”. Most retirees to day are looking for cities catering to their wants and needs and they are looking for those cities that are “Hip, mobile, and have excellent financial centers and good health care facilities. No more of this sitting at home waiting for the grand kids to show up. We are on the go. Don’t have time to wait around, we have things to do and places to go.
AUSTIN, TEXAS AND THE MUSIC INDUSTRY
The Architect
The Texas State Capitol was designed by architect Elijah E. Myers, architect of the Michigan and Colorado Capitols, who won a nationwide design competition for the project in 1881. Contractors were offered an interesting trade: three million acres in the Texas Panhandle in exchange for constructing the Capitol. This acreage would become the famous XIT Ranch.
Austin Texas has one of the fastest growing Boomer populations in the US.
Why is that? What is the draw for Baby Boomers here in Austin Texas?
I can tell you one thing. Music! Austin is a hub for the music industry. Musicians come from around the world to play here.
Some Fantastic Facts about our Music Industry: Follow this link.
And a lot of these people choose to stay and build their careers in Austin, called the “Music Capital Of The World.
Take your pick. Country and Western, Jazz, Rock—Hey you name it. Austin has a night life that can’t be beat.
Bob Wills and The Texas Play Boys
How Does Costs Compare?
Austin Texas is one of the most affordable places to retire.
According to numbers from ACCRA Cost of Living Index Austin has a composite index of 94.4–compared to Boston at 142.8—New York at 229.5—Just a few numbers you might be interested in.
HOUSING COSTS
Affordable homes in Austin Texas, fastest growing retirement city in Texas
The median price home according to the Austin Board of Realtors is 220.000 while the national median is 184,300.00
According to the Austin Board of Realtors, families come to Austin Texas for affordable housing, cost of living, low crime rate, and no income taxes. The median home value in Austin is very affordable at $220,000 as of March 2013.
TAXES IN TEXAS
Texas doesn’t have either a personal or corporate income tax, adding to its relocation appeal. In fact, according to the nonprofit TaxFoundation.org, Texas has one of the lowest state and local tax burdens in the nation at 7.9 percent of income (ranking 45th of 50 states nationally) and below the national average of 9.8 percent.
I know statistics, usually, are quite boring and kind of tedious to have to read. But look at the taxes, living expenses, and all the things Austin has to offer.
AUSTIN RELOCATION GUIDE
All these statistics and more came from Austin Relocation Guide, and they are well worth the read here at: http://www.austinrelocationguide.com/2013/Cost-of-Living-in-Austin-Texas/
Look at these facts and drop me a line on my Profile page at: https://my.wealthyaffiliate.co/macey321
To Your Search for that Special Place……….Good luck and Happy Retirement
Happy Trails Ya’ll
Come Visit Any time…………Frank
Ps. Please drop me a line and let me know how your retirement is going.