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retire

Finding the Best Places to Retire Since 2006!

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Retire in Marble Falls, Texas?

Overview:   Built along the banks of the Colorado River, comfortable Marble Falls is in the middle of the Texas Hill Country and the Highland Lakes Chain (six fresh water lakes). Founded by a Confederate general in the late-1800s, the town has mushroomed by nearly 60% in the last 10 to 20 years.

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The falls from which Marble Falls takes its name were submerged under a dam in the 1950s. Today, the resulting in-town lake is home to one of the largest drag boat races in the United States. Marble Falls is also bracketed by Lake LBJ and Lake Travis, both of which are popular with fishermen and campers. The healthy but slightly rustic Main Street District has wide streets, galleries, sculptures, a cinema, and restaurants. The Highland Arts Guild and Gallery offers classes and workshops, and the Hill Country Community Theatre has been producing plays since 1991. There is at least one health foods store, and national retailers include Wal-Mart, Walgreen's and Bealls.

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Residents enjoy a plein air (outdoor painting) competition and a "starving artist" show. Two local wineries have tours and tastings, and Hidden Falls Golf Club has 18 holes. Homes sit in tidy neighborhoods laid out along grids and include brick ranch ramblers and country bungalows. At least one gated community allows horses.

Population:  6,500 (city proper)

Percentage of Population Age 45 or Better:  30%

Cost of Living:   4% below the national average

Median Home Price: $210,000

Climate:    The climate is humid subtropical. Summers are hot, and winters are mild. Summer temperatures are in the 80s, 90s and even low-100s. Winter temperatures are in the 30s, 40s and 50s. On average, the area receives 30 inches of rain per year.

At Least One Hospital Accepts Medicare Patients? No, but Seton Highlands Lakes Hospital is 12 miles away and accepts Medicare patients.

At Least One Hospital Accredited by Joint Commission? No, but Seton Highlands Lakes Hospital is 12 miles away and is accredited.

Public Transit:   No

Crime Rate:   Meets the national average

Public Library?    Yes

Political Leanings:   Very conservative

Is Texas Considered Tax Friendly for Retirement?    Yes

Cons:    The tornado risk is 78% higher than the national average.

Notes:    The lakes around Marble Falls are said to keep their water at higher levels than other lakes during Texas droughts. The town is racially diverse and has a good reputation.

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Recommended as a Retirement Spot?   Yes

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Texas:

With a name based on a word used by Caddo Indians meaning "friends," Texas is the second biggest state by population in the country. It is estimated that 70% of residents live within 200 miles of Austin, the capital city.

Houston is the largest city, while Dallas-Fort Worth is the largest metropolitan area. Connecticut and Delaware could fit inside Texas' largest county - Brewster. The state is larger than all of New York, New England and Ohio combined.

In addition to the Caddo, the historical people of Texas include members of the Native American tribes of Apache, Choctaw, Tonkawa and Hasinai.

When Texas became the 28th state of the United States (1845), it adopted the official flag called the Lone Star Flag. Symbols include the Bluebonnet - the state flower.

Almost 10% of Texas is covered by forest. The state has nearly 24,000 farms, 90 mountains a mile or more high and is the nation's leading producer of natural gas, oil, wool, cotton, watermelons and rice. It also has the most airports of any state in the Union and is one of the most business-friendly states. Its culture has a blend of of Southern, Southwestern (Mexican) and Western influences.

Famous natives and residents include Mary Kay Ash, George W. Bush, Tommy Lee Jones and Joan Crawford.

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Stats:

Population - 27,862,596

Persons 65 years old and over - 12%

High school graduates, persons age 25+ - 82%

Bachelor's degree or higher, age 25+ - 27%

Persons of Hispanic or Latino origin - 40%

White persons, not Hispanic - 42%

Median household income - $43,470

Median home price - $132,000

Social Security taxed? No

Source: U.S. Census Bureau

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