JERSEY CITY, N.J. – Dallas and San Antonio have landed on Forbes‘ list of 2020’s best cities in which to retire.
A major draw to Dallas is the city’s relatively low median home price. As of August 2020, the median home price was $219,000, 21 percent below the national median. The city’s culture is another positive for the city.
San Antonio also benefits from affordable housing. The city’s median home price was $188,000, 34 percent below the national median.
Texas cities are desirable due to the state’s lack of income and estate taxes.
However, Forbes identified serious crime rates above the national average as a major drawback for both Dallas and San Antonio. The latter was also dinged for its lack of walkability.
To compile the top 25 rankings, Forbes took into account living affordability, quality-of-life indicators, and factors that promote an active retirement.
The Real Estate Center has more COVID-19 information online: