Katy : Texas

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What it's Like to Retire in Katy

Katy is an affluent suburb of Houston of about 15,000 people within the city itself, and there are many housing developments and corporate headquarters nearby.  The median household income is about $63,000. Katy is recognized as a high growth area with almost 270,000 people in the Katy area, and has won national accolades for growth and sustainability.  Photo of Katy courtesy of Wikipedia and WhisperToMe

 

Where to Retire in Katy and Home Prices

Greater Katy includes new upscale developments and master planned communities such as while also encompassing developments from the 1970s and 1980s . The median selling price of a home was about $246,000 in early 2016, according to Zilow.

 

What is special about Katy

Katy is a small town, just outside of Houston, with its own medical center, a community college, and housing costs below the national average.

 

What is not special about Katy

The town is growing quickly with new businesses and developments, and may not be considered a small town in the near furture; summers can be hot and humid; crime rate is above the national average.

 

Who will like retirement in Katy

Those who want to live in a small town but within easy reach of a large city (Houston).

 

Local economy is driven by

Katy has a number of impressive corporations with headquarters here. BP America is headquartered in the Energy Corridor and is the largest employer. 

 

Climate and Physical Environment

The average January temperature is about 55 degrees, with July's average about 83 degrees.

 

Restaurants & Cultural Scene

Katy is home to the Katy Heritage Museum, Veterans Memorial Museum, and the Railroad Park.  The town also hosts several events and festivals throughout the year.  For cultural venues and restaurants of every kind, Houston is nearby.

 

Crime

The crime rate is higher than the national average.

 

Medical facilities

Memorial Hermann Katy Hospital

 

Transportation

The nearest airport is in Houston, about 40 miles away.

 

Valuable Links

City of Katy, TX

 

What people are saying about Katy

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    Wellspring at Tamarron

    Wellspring at Tamarron is a beautiful, new D.R. Horton active adult enclave located in the master-planned community of Tamarron, in Katy, Texas. Wellspring, for those 55+, features affordable one level living in an intimate gated neighborhood compris....
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Facts about KATY
  • State: TX
  • Environment: Suburban,Small Town,
  • City Population: 10,000-25,000
  • Median age of Population: 25-44
  • Avg Jan Temperature: 41-60
  • Avg July Temperature: 81+
  • Median HH Income: 60,001-80,000
  • Average Home Price (MLS): $100,000-$200,000
  • Annual Property Tax on a $200,000 house: 2000-4000
  • Total Crime Index: 101-110 (slightly above average)
  • Cost of Living Index: 91-100 (slightly below average)
  • Culture Index: 91-100 (slightly below average)
  • State Sales Tax: Yes
  • State Income Tax: No
  • Name of the Guide:

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