San Antonio secures spot among best places for retirees, says Forbes
Tens of thousands of military veterans already believe San Antonio reigns as one of the best places in the U.S. for retirees. Now, Forbes is backing up this belief.
In a list published May 14, Forbes names Alamo City one of the top 25 U.S. cities for retirees in 2021. The cities are not ranked; instead, they’re listed alphabetically.
To come up with the list, Forbes compared nearly 800 places in the U.S., weighing factors such as housing costs, taxes, health care, crime, air quality, climate change, and risk of natural hazards.
Forbes lauds San Antonio’s median home price (37 percent below the national median), along with other factors, including:
- Good economy
- Good air quality
- No state income tax or estate tax
- “Very bikeable” environment
- “Big” cultural scene
However, Forbes knocks San Antonio’s “serious” above-average crime rate.
U.S. News & World Report also recognizes San Antonio as a hot spot for retirees. It ranks 24th on the publication’s most recent list of the top metro areas for retirement.
“San Antonio is as comfortable as an old pair of jeans. It offers big-city amenities and world-renowned attractions coupled with a relaxed and inviting atmosphere,” U.S. News & World Report says.
And two other studies, from AdvisorSmith and Insurify, recently deemed the San Antonio area a key retirement hub, further solidifying Alamo City’s status as a hot spot for seniors.
The only other Texas city on the Forbes list is College Station, home of Texas A&M University. Forbes praises its low median home price, abundance of doctors, good air quality, “very bikeable” environment, no state income tax or inheritance tax, and low risk of natural hazards.
The one fault Forbes finds with College Station is that it’s “not very walkable.”