San Antonio has a ton of entertainment options, from museums to art districts, from golf to nightlife. Residents, especially retirees, get to better enjoy the attractions since they get to keep a larger portion of their income.
GOBankingRates found the best cities for retirees in each state that does not have an income tax, according to CNBC. San Antonio, where 10.4 percent of the population is 65 and older, is tops for Texas. The city’s median rent is a relatively affordable $1,450, and utilities are only around $130.
Seven states do not have income tax: Alaska, Florida, Nevada, South Dakota, Texas, Washington, and Wyoming. Other cities on the list include Spokane, Wash., Henderson, Nev., and Tampa, Fla.
Advertisement
Related Stories
Financing
Mortgage Rates Set to Remain Higher for Longer
After the Fed's announcement on Wednesday that it is holding interest rates steady, homebuyers hoping for lower mortgage rates will have to keep waiting
Financing
As Mortgage Rates Dip, Homeowners With High Rates Move to Refinance
A decrease in rates last week prompted a rise in refinancing by homeowners who obtained their mortgages at near-peak rates
Market Data + Trends
January's Mortgage Rate Dip Prompts Some Thawing of the Housing Market
A drop in mortgage rates from recent peaks nudged more homebuyers and sellers into the market, signaling the start of greater supply and demand