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HomeRetirementThe ten Greatest Locations to Retire in Virginia In 2022

The ten Greatest Locations to Retire in Virginia In 2022



Are you contemplating retiring to Virginia? The state ranks second on CNBC’s listing of one of the best states to spend your retirement, due to its affordability, high quality of life, entry to healthcare, and extra. It affords all the pieces from coastal entry to small cities within the countryside to easy accessibility to among the largest metropolitan areas. To assist your subsequent dwelling in Virginia, we’ve rounded up the ten finest locations to retire within the state.

How We Decide the Greatest Locations to Retire

To slim down the ten finest states in Virginia, we sought to search out cities that provide a mix of affordability, livability, and group. We narrowed down our ultimate listing utilizing the next rankings:

  • Median dwelling worth
  • Value of dwelling
  • Crime price
  • Value of healthcare
  • Facilities Rating
  • P.c of the inhabitants over the age of 65%

To collect our knowledge, we relied on info from Zillow, the U.S. Census Bureau, AreaVibes (an internet site that ranks the livability of cities everywhere in the nation). The cities on our listing could not have the very best rankings in each class, however they provide one of the best mixture of advantages all through the state.

Learn Extra: 2022’s Greatest U.S. States to Retire In

Greatest Locations to Retire in Virginia

1. Abingdon

  • Inhabitants: 8,321
  • Median Dwelling Worth: $217,529
  • Value of Residing (In comparison with the Nationwide Common): 11% decrease
  • Crime Charge (In comparison with the Nationwide Common): 39% decrease
  • Value of Healthcare (In comparison with the Nationwide Common): 8% decrease
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 23.4%

Abingdon is the smallest city on our listing, with a inhabitants of simply over 8,000, making it excellent for retirees in search of a small city to take pleasure in their golden years. The city is positioned in Washington County, Virginia, close to the state’s southern border, simply north of Tennessee. It’s dwelling to loads of historic websites, in addition to a powerful positive arts and crafts scene.

Abingdon makes the highest of our listing due to its advantages throughout the board. It has inexpensive housing, value of dwelling, and healthcare. It additionally boasts a low crime price, a excessive facilities rating, and a big retiree inhabitants. In reality, almost 1 / 4 of the city’s residents are over the age of 65.

2. Roanoke

  • Inhabitants: 98,865
  • Median Dwelling Worth: $231,884
  • Value of Residing (In comparison with the Nationwide Common): 14% decrease
  • Crime Charge (In comparison with the Nationwide Common): 83% greater
  • Value of Healthcare (In comparison with the Nationwide Common): 1% decrease
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 16.5%

Roanoke is likely one of the largest cities on our listing and the eighth-most populated within the state, with a inhabitants of almost 100,000 individuals. It’s positioned within the western a part of the state within the Roanoke Valley of the Roanoke Area of Virginia. Roanoke is understood for its stunning surroundings, particularly with the close by Blue Ridge Mountains. It has many out of doors actions and loads of arts, tradition, and nightlife.

Roanoke made our listing due to its many facilities and its affordability. Town boasts a low median dwelling worth, low healthcare prices, and a low total value of dwelling. It additionally has a big retiree inhabitants, with greater than 16% of the inhabitants being over the age of 65. The one draw back of Roanoke is its crime price, which is significantly greater than the nationwide common.

3. Martinsville

  • Inhabitants: 13,517
  • Median Dwelling Worth: $94,550
  • Value of Residing (In comparison with the Nationwide Common): 20% decrease
  • Crime Charge (In comparison with the Nationwide Common): 31% greater
  • Value of Healthcare (In comparison with the Nationwide Common): 1% decrease
  • Facilities Rating: A
  • % of Inhabitants Above 65: 18.5%

Martinsville is a small unbiased metropolis in Virginia with a inhabitants of about 13.500 individuals. It’s positioned in Henry County within the southwestern a part of the state, not removed from North Carolina. One of many metropolis’s claims to fame is the Martinsville Speedway, the place it hosts NASCAR races. It additionally has a wealthy arts and tradition scene and loads of out of doors actions, together with kayaking and mountain climbing. Town is positioned within the foothills of the Blue Ridge Mountains.

Martinsville has loads of advantages for retirees, particularly because it pertains to its affordability. Town boasts the bottom median dwelling worth of any on our listing. It additionally affords inexpensive healthcare and an total low value of dwelling. The state additionally has a big retiree inhabitants, with greater than 18% of town’s residents being over the age of 65. The one main draw back of Martinsville is its crime price, which is significantly greater than the nationwide common.

4. Williamsburg

  • Inhabitants: 15,590
  • Median Dwelling Worth: $404,987
  • Value of Residing (In comparison with the Nationwide Common): 16% greater
  • Crime Charge (In comparison with the Nationwide Common): 42% decrease
  • Value of Healthcare (In comparison with the Nationwide Common): 6% decrease
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 16.1%

Williamsburg is a small metropolis in Virginia with a inhabitants of almost 16,000. Town sits within the japanese a part of the state, positioned proper between the James River and York River, and never too removed from the coast. Williamsburg has one of many richest histories within the state. It was based by English settlers in 1632, and its lengthy historical past is a vital a part of its tradition and tourism right now.

Williamsburg has loads of benefits for retirees, together with its excessive amenity rating, the share of retirees within the state, and the low value of healthcare. It additionally has against the law price that’s significantly decrease than the nationwide common. That being mentioned, town does have a median dwelling worth and an total value of dwelling that’s greater than the nationwide common.

5. Virginia Seashore

  • Inhabitants: 457,672
  • Median Dwelling Worth: $372,390
  • Value of Residing (In comparison with the Nationwide Common): 11% greater
  • Crime Charge (In comparison with the Nationwide Common): 31% decrease
  • Value of Healthcare (In comparison with the Nationwide Common): 6% decrease
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 14.2%

Virginia Seashore has the most important inhabitants of any metropolis on our listing. With a inhabitants of almost half one million, town is positioned on the southeastern coast of town subsequent to Norfolk and Chesapeake. Given its proximity to the coast, it’s no shock that seashore life is a vital a part of the tradition in Virginia Seashore. There’s loads of out of doors recreation, in addition to loads of historic and artwork websites.

There are many the explanation why a retiree would possibly wish to dwell in Virginia Seashore. Town has a low crime price and low healthcare prices. It additionally has a wonderful amenity rating and an over-65 inhabitants of greater than 14% of the residents. The one draw back is the associated fee — the median dwelling worth and total value of dwelling are each barely greater than the nationwide common.

6. Winchester

  • Inhabitants: 28,136
  • Median Dwelling Worth: $338,015
  • Value of Residing (In comparison with the Nationwide Common): 3% greater
  • Crime Charge (In comparison with the Nationwide Common): 1% decrease
  • Value of Healthcare (In comparison with the Nationwide Common): 3% greater
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 16.7%

Winchester is a metropolis of simply over 28,000 individuals and the county seat of Frederick County. It’s positioned on the very northern tip of Virginia, not removed from Maryland. Like a lot of the state, Winchester has a powerful historic tradition, together with its position within the American Revolution and Civil Battle. Town is dwelling to loads of out of doors recreation, in addition to purchasing and eating.

Winchester has a lot to supply retirees. First, the median housing worth is a bit decrease than the nationwide common. And whereas the price of healthcare and the general value of dwelling are greater than the nationwide common, it’s simply barely. Town additionally has a low crime price, a excessive facilities rating, and a big proportion of its inhabitants over the age of 65.

7. Staunton

  • Inhabitants: 25,661
  • Median Dwelling Worth: $231,868
  • Value of Residing (In comparison with the Nationwide Common): 3% decrease
  • Crime Charge (In comparison with the Nationwide Common): 1% greater
  • Value of Healthcare (In comparison with the Nationwide Common): 12% greater
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 21.2%

Staunton is a Virginia metropolis positioned within the northwestern a part of the state with a inhabitants of simply over 25,000. Staunton is positioned close to the Shenandoah Valley and the Blue Ridge Mountains. Its downtown has a vibrant music and humanities scene, with loads of retailers, artwork galleries, and eating alternatives. Town additionally has loads of historic websites, together with its native museums and Woodrow Wilson’s presidential library.

Considered one of Staunton’s greatest perks for retirees is its value of dwelling. Each the median dwelling worth and the general value of dwelling are beneath the nationwide common. It additionally has a excessive facilities rating and an over-65 inhabitants that’s greater than 21% of its residents. Sadly, town does have against the law price that’s barely above common, in addition to above-average healthcare prices.

8. Colonial Heights

  • Inhabitants: 18,273
  • Median Dwelling Worth: $236,094
  • Value of Residing (In comparison with the Nationwide Common): 9% decrease
  • Crime Charge (In comparison with the Nationwide Common): 72% greater
  • Value of Healthcare (In comparison with the Nationwide Common): 7% greater
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 19.7

Colonial Heights is an unbiased metropolis within the japanese a part of Virginia, simply south of Richmond. It has a inhabitants of greater than 18,000 individuals. Town has a wealthy historical past that dates again to the American Revolution. In reality, that conflict is the place town obtained its identify. Town affords a lot to do, together with its museums, parks, and historic points of interest.

Colonial Heights has loads of benefits for retirees. It has each a median dwelling worth and price of dwelling which are decrease than the nationwide common. It additionally has a wonderful facilities rating and a big retiree inhabitants — almost 20% of its residents are over the age of 65. As for downsides, Colonial Heights has above-average healthcare prices and against the law price that’s significantly greater than the nationwide common.

9. Blacksburg

  • Inhabitants: 44,949
  • Median Dwelling Worth: $352,715
  • Value of Residing (In comparison with the Nationwide Common): 7% greater
  • Crime Charge (In comparison with the Nationwide Common): 67% decrease
  • Value of Healthcare (In comparison with the Nationwide Common): 5% decrease
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 6.5%

Blacksburg is a city in Montgomery County within the western a part of Virginia, simply west of Roanoke. Town is primarily recognized for being dwelling to the Virginia Polytechnic Institute and State College. Blacksburg has a lot to supply its residents, together with a number of purchasing, cultural and historic points of interest, a historic downtown, and a thriving arts scene.

Blacksburg’s biggest benefits embrace its below-average median dwelling worth, its low crime price, its low value of healthcare, and its excessive facilities rating. As for downsides, the city has a excessive total value of dwelling, in addition to a really small retiree inhabitants — simply 6.5% of the inhabitants is 65 or older.

10. Arlington

  • Inhabitants: 232,965
  • Median Dwelling Worth: $831,466
  • Value of Residing (In comparison with the Nationwide Common): 64% greater
  • Crime Charge (In comparison with the Nationwide Common): 62% decrease
  • Value of Healthcare (In comparison with the Nationwide Common): 6% decrease
  • Facilities Rating: A+
  • % of Inhabitants Above 65: 11.1%

Arlington is the fourth-largest metropolis in Virginia, with a inhabitants of almost 1 / 4 of one million individuals. It’s positioned simply throughout the Potomac River from Washington, D.C., that means its residents take pleasure in the advantages of one of many nation’s largest and most famous metropolitan areas. Arlington residents can benefit from the walkable neighborhoods, waterfront views, and extra.

Given its proximity to Washing, D.C., it in all probability doesn’t come as a shock that Arlington has a excessive value of dwelling. Each the median dwelling worth and the price of dwelling are significantly greater than the nationwide common. Nevertheless, regardless of being a big metropolis, Arlington has against the law price that’s properly beneath the nationwide common, in addition to low healthcare prices.

Subsequent Steps For You

In the event you’re contemplating retiring in Virginia, you might have loads of nice choices out there to you, whether or not you’re in search of a small city or a giant metropolis. The listing above can function an awesome start line in serving to you discover a dwelling to spend your golden years.

Are you in search of assist in managing your funds throughout retirement? You may entry Private Capital’s monetary dashboard and discover instruments that will help you together with your funds, retirement plan, financial savings objectives, and extra.

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