Forbes: Houston looks good for retirees
Houston Business Journal
The Houston-Sugar Land-Baytown metropolitan area ranks No. 4 on a new list by Forbes of America’s 40 “recession proof” retirement cities.
Forbes said it considered such factors as average income for seniors, current and expected home prices, job-growth predictions through 2014, the cost of living and median monthly housing cost.
The Houston area ranked 33rd for home price change predicted for 2009-2014, 21st for number of sunny days, 18th for income of residents 65 and older, 15th for median home price, 13th for median monthly housing cost and fourth for both cost of living and job growth predicted for 2009-2014.
Atlanta-Sandy Springs-Marietta, Ga. took the top ranking and was followed by Dallas-Fort Worth-Arlington, and Tampa-St. Petersburg-Clearwater, Fla.
Austin-Round Rock shared the No. 5 slot with St. Louis, Mo., while San Antonio came in at No. 10.
New York finished last among the 40 cities, with Milwaukee and Boston rounding out the bottom three.
