Deciding where to settle down in the later stages of life is no easy decision. U.S. News compiled a list of the best places to retire in 2020, and Dallas-Fort Worth scored the #10 spot. Here's why:
Although the average age of the Dallas-Fort Worth population is about 35, it's still a great place for seniors looking to settle down. In fact, U.S. News rated the metroplex #10 on a list of cities to retire in 2020.
An online survey asked just over 2,500 people aged 45 or older about their retirement preferences, and the answers were used to formulate the list. Housing affordability, happiness, desirability, retiree taxes, the job market, and access to quality health care are among the metrics used.
Within the market, fifteen percent of the DFW population is 60 or older. When you consider over seven million people live in the metroplex, that's actually a significant chunk!
Among seniors, the median home price is $165,200. The average monthly mortgage cost is $1620, and rent averages $1022.
No state income tax in Texas significantly eases the burden of moving to a large city. Retirees still have to think about property taxes, but one less financial obligation makes enjoying this new phase of life much easier.
UT Southwestern Medical Center is one of the top academic hospitals in Texas, and certainly the best in Dallas-Fort Worth. Unparalleled care for a variety of ailments is never far away for seniors living here.
Recreational activities abound in the area, especially at the Fort Worth Stockyards! Watch a cattle drive, visit the Texas Cowboy Hall of Fame, take a historic walking tour to see where the Chisholm Trail began, and so much more.
Do you think Dallas-Fort Worth is a good place to retire? Would you consider settling down there? What other cities should be added to the list? Let us know your thoughts.
Subscribe to our newsletter
Get the latest updates and news
Thank you for subscribing!