15 Places Retirees on Social Security Can Afford That Have No State Income Tax
Written by
Travis Woods
Edited by
Rebekah Evans
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Retirement costs — especially healthcare and housing — are continually on the rise across America, which makes where a person chooses to retire all the more important.
There are currently nine states (Arkansas, Florida, Nevada, New Hampshire, South Dakota, Tennessee, Texas, Washington and Wyoming) in which a retiree’s Social Security benefits aren’t taxed, giving residents there a meaningful advantage in their golden years.
Within those nine states, the cities below allow retirees to combine the tax advantages of the state with the relatively affordable housing of each metro.
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Punta Gorda, Florida
This laidback Florida city offers beautiful canals, boating activities for retirees and, per Realtor.com, median home prices of about $380,000.
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Sioux Falls, South Dakota
According to its official website, it’s the largest city in South Dakota and boasts great healthcare access, along with a steady population growth — which helps support housing demands.
Spearfish, South Dakota
This quiet town features lovely national parks with a myriad of hiking trails, making it a perfect retirement town for outdoorsy retirees.
Columbia, Tennessee
Less than an hour outside of Nashville, Columbia mixes affordability with easy access to a major metro culture and economy.
Knoxville, Tennessee
A median home value of $360,000 in a university city makes Knoxville a vibrant, lively town for culturally-engaged retirees.
Galveston, Texas
A tourism-driven economy, coastal living and historical charm make Galveston a perfect retirement town for easygoing seniors.
San Antonio
Known for its scenic River Walk and lower-than-average cost of living for a major American city, San Antonio mixes big-city living with small-town charm.
Wenatchee, Washington
With homes costing only around $300,000, lush scenic beauty and an easygoing pace, Wenatchee is a retirement haven for those seeking the quiet life.
Sequim, Washington
Unlike most of Washington state, Sequim is defined by sunny weather and fields of lavender. Also, the median housing price is only $280,000.
Carson City, Nevada
The capital city of Nevada offers residents close proximity to Lake Tahoe and a lower cost of living than nearby resort towns.
Portsmouth, New Hampshire
Portsmouth is a historic seaport with great walkability, quaint shops and small homes in the $300,000 range.
Rapid City, South Dakota
With median home values in the mid $300,000 range, a multitude of outdoor activities and close to Mt. Rushmore, Rapid City is a great retirement spot for active retirees.
Fort Myers, Florida
For retirees who love to golf or lounge on the beach and want to spend around $300,000 on a home, Fort Myers, Florida is a great place to spend one’s golden years.
El Paso, Texas
El Paso offers extremely affordable living (median home values near $220,000), as well as big-city culture surrounded by rustic desert landscapes.
Manchester, New Hampshire
In Manchester, retirees can find affordable housing for around $300,000, with views of beautiful mountains right out the window.
Editor’s note: all housing costs were sourced from Zillow.
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