Support Local Journalism, Join the SA Current Press Club.

San Antonio is the No. 2 Retirement Hotspot in the U.S. 

San Antonio's favorable tax conditions and its warm weather make it a major retirement draw, according to a new study.
  • San Antonio's favorable tax conditions and its warm weather make it a major retirement draw, according to a new study.
If you've been around San Antonio for a while, you know warm weather, low costs and available medical facilities make it a retirement hotspot.

But would you believe Taco Town is the United States' No. 2 retirement destination?

S.A. ranked only behind Henderson, Nev., in grabbing a net gain in retirement-age residents, according to a new SmartAsset study. The finance site used 2016 Census data (the most recent available) to rank cities by the number of new retirement-age residents minus the number who moved out.

S.A. showed a net gain of 2,306 new retirees during that period, compared to Henderson's 2,341. Third-ranked Scottsdale, Ariz., pulled in 1,834.

When it came to state migration totals, Florida outshone the rest with a net gain of 84,663 retirees during that time. Texas, at 7,774, ranked 6th on the list.

The Lone Star State has no income tax and doesn't tax retirement income, which helps explain its attraction. In San Antonio's case, both the tax situation and warm weather provided a draw, according to the study.

The retiree numbers should come as no shock given the area's rocketing population growth. Last month, the Census Bureau ranked Bexar County as the 7th fastest growing county in the nation.

Influxes of new residents — whether hip millennials or retirees chasing better golf weather — bring challenges in affordable housing, transportation and development. Should be interesting to see how sustainable Texas' low-tax mindset remains as S.A. and other cities struggle to adapt.

Stay on top of San Antonio news and views. Sign up for our Weekly Headlines Newsletter.

Support Local Journalism.
Join the San Antonio Current Press Club

Local journalism is information. Information is power. And we believe everyone deserves access to accurate independent coverage of their community and state. Our readers helped us continue this coverage in 2020, and we are so grateful for the support.

Help us keep this coverage going in 2021. Whether it's a one-time acknowledgement of this article or an ongoing membership pledge, your support goes to local-based reporting from our small but mighty team.

Join the San Antonio Press Club for as little as $5 a month.

Read the Digital Print Issue

January 12, 2022

View more issues


Join SA Current Newsletters

Sign Up Now

Subscribe now to get the latest news delivered right to your inbox.


© 2022 San Antonio Current

Website powered by Foundation