Austin reclaims spot in top 10 best places to live in 2024 according to U.S. News

San Antonio, Texas, has emerged as a top destination for retirees looking to enjoy a more relaxed lifestyle and lower cost of living. According to SmartAsset’s “Where Retirees Are Moving – 2024 Study,” San Antonio ranked No. 2 in the nation for attracting retirement-age Americans, with a net migration of 2,936 retirees in 2022.

In contrast, Austin, Texas, lagged far behind at No. 133, with a net migration loss of 352 retirees. The report analyzed Census Bureau data from 182 large U.S. cities to determine where retirees are relocating based on out-of-state migration patterns.

San Antonio’s appeal to retirees lies in its affordability, favorable weather, and proximity to other popular retirement destinations like New Braunfels and Boerne. The city’s population of retirement-age individuals exceeds 272,000, representing 18.5% of the total population.

Other top Texas cities for retirees include Houston (No. 7) and Fort Worth (No. 8), both offering favorable net migration numbers for seniors. Overall, Texas ranked as the No. 4 top state for retirees, with nearly 5.7 million residents aged 60 and older.

While Texas is a popular destination for retirees, other states like Florida, Arizona, and South Carolina also ranked highly in attracting retirement-age individuals. The full report can be found on SmartAsset’s website, providing valuable insights for those considering a relocation in their golden years.