Retirees still flock to sunny Florida, yet Texas is gaining ground as a desirable destination for retirement. In a new analysis from U.S. News & World Report magazine, Austin ranks 11th in the United States and second in Texas among the best places for retirees in 2020.
DFW, No. 10, appears right ahead of Austin, with Houston at No. 29 and San Antonio at No. 39.
To identify the best places to retire, U.S. News analyzed data for the country’s 125 largest metro areas to gauge how well they meet Americans’ retirement needs and expectations. Top criteria include housing affordability and healthcare quality.
Overall, Austin earned a score of 7 out of 10, with a healthcare quality score of 5.8 and a housing affordability score of 5.7.
"People are drawn to the Texas capital's music, outdoor spaces, and cultural institutions," U.S. News says, citing the city's history, "from the bronze statue of Stevie Ray Vaughan that greets visitors near the river, to the stately Capitol that anchors downtown, to the LBJ Presidential Library at the University of Texas at Austin."
DFW also scored 7 total points, posting a 6.3 for healthcare quality and a 6.2 for housing affordability. "Offering both big-city excitement and quiet, suburban living, the Dallas-Fort Worth metro area offers an interesting mix of Texas pride and cosmopolitan offerings," U.S. News observes.
Houston received an overall score of 6.8, with scores of 6.3 for both housing affordability and healthcare quality. San Antonio, too, earned an overall score of 6.8; it notched a high score for housing affordability (6.8) but a low score for healthcare quality (5.5).
No. 1 in the U.S. was Fort Myers, Florida, followed by Sarasota, Florida; Lancaster, Pennsylvania; Asheville, North Carolina; and Port St. Lucie, Florida.