01 - Taxes
Retirement Tax Treatment
Texas levies no state income tax, so Social Security, pension payments, and IRA or 401(k) withdrawals are all free from state-level taxation.
Source · Tax Foundation
79
Your
Abilene
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
124,691
+
Total Population
$
52,518
Median Income
$
131,300
Median Home
13
%
Age 65+
Retirement Suitability
How
Abilene
ranks for retirees?
59
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
79
Affordability
87
Healthcare
30
Climate
32
Results
Abilene
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
87
03 - Healthcare
Hospital Access & Quality
The area has
1
Medicare-certified hospitals, averaging a
3
/5 CMS quality rating.
Source · CMS Hospital Compare
3
04 - Climate
Weather & Comfort
A
Temperate
climate — summers peak near
93
°F, winters dip to about
34
°F, with roughly
5
″ of snow a year.
Source · NOAA Climate Normals
Temperate
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Relatively Moderate
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Frequently Asked Questions
Does Texas tax Social Security or pension income for retirees in Abilene?
Texas levies no state income tax, which means Social Security benefits, pension payments, and withdrawals from IRAs or 401(k) accounts are all free from state-level taxation. For Abilene retirees working with a median household income around $52,518, this tax treatment can meaningfully stretch retirement dollars without any additional planning steps required.
What hospitals are available in Abilene for Medicare patients?
Abilene has one Medicare-certified hospital serving the area, which CMS rates 3.0 out of 5 stars — a middle-of-the-road score. Retirees relying heavily on local hospital care may want to research that facility’s specific service lines and consider how proximity to additional medical centers factors into their broader healthcare planning.
How affordable is housing in Abilene for someone on a fixed retirement income?
The median home value in Abilene is $131,300, which sits well below national averages. For retirees managing a fixed income against a median household income of roughly $52,518 in the area, relatively modest home prices can reduce housing costs and leave more room in a budget for healthcare, travel, or other retirement expenses.
What is the natural-disaster risk like for retirees living in Abilene?
FEMA’s National Risk Index rates the county surrounding Abilene as having a Relatively Moderate overall natural-disaster risk. Summers average highs near 93°F and winters can dip to around 34°F with roughly 5 inches of annual snowfall. Retirees should factor these climate conditions and moderate hazard exposure into decisions about insurance coverage and emergency preparedness.
How does Texas’s tax setup affect annuity income for retirees in Abilene?
Texas levies no state income tax, meaning annuity income stays out of the state’s hands entirely — a real advantage for Abilene retirees working with a median household income of $52,518. A multi-year guaranteed annuity, or MYGA, locks in a fixed interest rate for a set term, so you know exactly what your money will earn. That predictability helps cover essential expenses without market worry. Current rates change often, so check our current annuity rates page for today’s figures.