10 Best Places to Retire in Texas Under 100k Population

#5 Monahans

The town of Monahans takes the number five spot in our countdown of the Top 10 Best Places to Retire in Texas with a population of less than 100,000 residents. Monahans’ population at the 2010 Census was 6,953 residents, of which, roughly 14.7% are of retirement age – 65 and older.

Monahans is a west Texas town and the county seat of Ward County, although a small section of the town extends into Winkler County. Monahans sits about 35 miles southwest of Odessa. Being a west Texas town, you know the summers are going to be hot, but you’ll also enjoy mild winters, which is an appealing feature for retirees.

Best Places to Retire in Texas - #5 Monahans, TexasFive miles to the east of Monahans is the Monahans Sandhills State Park, which is great for retirees who enjoy camping, hiking, picnicking, or even sand-surfing. Monahans also hosts the Freedom Fair, the Mild to Wild Salsa Festival, the AQHA Quarter Horse Show, the Wickett Bluegrass Festival, the Butterfield Overland Stagecoach & Wagon Festival, and various other livestock shows and rodeos.

If you are on a budget and looking for a place to retire in Texas, two extremely appealing draws to Monahans are low housing costs and low property taxes. The median monthly housing cost for homeowners in Monahans is only $515, which is 45% lower than the state average of $929 per month. The median property tax rate of Monahans is the lowest in our Top 10 Best Places to Retire in Texas, coming in at a very low 0.67%, over a full percentage point lower than the state average rate of 1.94%.

Long Term Care Insurance Quote

Monahans scores very well in crime & safety, and access to golf, grocery stores, and restaurants. However, access to doctors is very important to retirees, and Monahans only scores a C- in access to doctors. Another grade where Monahans was a bit lacking was in access to recreation/fitness facilities, but overall, Monahans scores very well for retirees and those searching for a place to retire in Texas.

That takes us to the number four spot in our countdown of the Top 10 Best Places to Retire in Texas with a population of less than 100,000 residents, and the 4th place finish goes to…

Back next

#1 Fredericksburg

#2 Kerrville

#3 Granbury

#4 Aransas Pass

#5 Monahans

#6 Yoakum

#7 Cameron

#8 Burnet

#9 Brady

#10 Silsbee



           

Other websites by DeWitt & Dunn Financial Services:

  • Dewittanddunn logo
  • AnnuityWatchUSA logo
  • WomenMoneyPower logo