Forget Florida. If you want an affordable place to retire without any income tax, consider the small Texas border town most people have never heard of, Eagle Pass. It’s charming and quiet, with numbers that are almost too good to believe, according to U.S. News.
Related: Forget LA and San Francisco — These Affordable California Cities Are Perfect for Retirees
Eagle Pass is located in Southern Texas along the Rio Grande, which means it borders Mexico to the west. According to Travel + Leisure, the median home value in Eagle Pass is $185,037, the median monthly rent is just $632, and the cost of living runs about 20% below the national average, with a median household income of $58,119. Compared against the other 859 cities in the U.S. News & World Report, this was the cheapest place to retire that the site evaluated.
Eagle Pass boasts some truly lovely homes at prices significantly lower than in places like San Antonio or Houston. It’s no wonder retirees are selling their homes in big cities and relocating to affordable places like Eagle Pass to stretch their retirement savings. Since there’s no state income tax, your retirement income, including Social Security, will be completely tax-free.
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Life in Eagle Pass
Eagle Pass has a population of around 28,815 according to the same U.S. News report. While it doesn’t see much tourism, it does have a vibrant arts center and direct access to its sister city, Piedras Negras, Coahuila, Mexico. For anyone wanting to experience different cultures, Eagle Pass offers it without the hustle and bustle of a large city.
With a charming, vintage-looking main street and rich past as a safe haven for travelers, Eagle Pass is steeped in history. Tour Texas mentions that there’s golf and gambling for anyone who likes low-key activities and tranquil relaxation. The Kickapoo Lucky Eagle Casino is one of only three in the state, according to Travel + Leisure, and is operated by the Kickapoo Traditional Tribe of Texas.
Related: Here's How Much You'll Need to Retire in West Virginia, the Most Affordable State for Retirees in the Country
Is Eagle Pass Your Retirement Dream?
Together, all of this paints the picture of a small town where life is slow and meaningful. If small-town country living is at the top of your list, then Eagle Pass might be the affordable dream you’ve been waiting for.
Lovely homes, a charming old-fashioned main street, and relaxing activities make this Texas border town a quiet but engaging place for retirees. Is this exactly what you’re dreaming of? Tell us below.
Disclaimer: This article is for informational purposes only and does not constitute financial advice.
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