📈 Investment & Retirement Calculators Texas

Texas Retirement Calculator

Plan your retirement in Texas. Factor in lower cost of living and no state income tax. Free calculator.

Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Texas Quick Facts

None Income Tax Rate

1.80% Property Tax Rate

$67,321 Median Income

93.9 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Retirement planning for Texas. Texas has no state income tax — a major advantage for retirees. Cost of living index: 93.9 (100 = national avg). Desired income is pre-filled based on 80% of Texas's median household income, adjusted for local costs. Uses compound growth with 4% safe withdrawal rate.

Key State Information

Retiring in Texas: Texas has no state income tax — a major advantage for retirees. Cost of living: 93.9/100. Property tax: 1.8%. Median home: $310,000. As a no-income-tax state, Texas is among the most popular retirement destinations. Average home insurance: $3,600/yr.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Tax Foundation, SSA

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

Is Texas a good state to retire in?

Yes, Texas is very popular with retirees because it has no state income tax. Cost of living is near the national average. Median home price: $310,000.

How much do I need to retire in Texas?

Using the 4% rule, to generate $4,488/month (80% of Texas median income) you'd need approximately $1,346,420 saved. Adjust up or down based on your lifestyle and housing costs.