Virginia Is A Great Place For Retirees
Instead of moving all of the ways to Florida, just head to Virginia. Blacksburg, VA was named as one of the top places to retire by Forbes magazine. Thanks to the low crime rate and good housing, it is no wonder that it made the list. Williamsburg, VA was also named as one of the top historic places to retire. Senior citizens can actually take up to three free college classes a year at the College of William and Mary in Williamsburg. Not only is the state filled with historical charm and a location of great leisure activities, but Virginia has desirable retirement tax friendliness. Not only does the state not tax Social Security benefits, but any retiree can deduct up to $12,000 in pension and retirement income state taxes if you are a senior citizen. If you are looking to retire in Virginia there are some areas that are better than others. Fairfax County, Falls Church, Abingdon, Williamsburg, and Bedford were ranked as the top five best places to retire in Virginia.
Spend The Day In Wine Country
Did you know that Virginia is actually the first wine-growing area in the country? While Napa Valley and Sonoma, California may be on your bucket list, Virginia wine country may be in close competition. What better way to spend the weekend than to sip on some fine wines and sample some local charcuterie boards. With more than 300 wineries in the countryside, Virginia is home to numerous award-winning wines that will certainly become one of your new favorites. While Virginia may not be specifically famous for its wine just yet, it is sure picking up steam. Varietal red and white wines are grown in the area so expect to find fantastic Merlot, Cabernet Sauvignon, or a nice Chardonnay. Check out Chateau Morrisette or Stone Tower Winery.
The Best Places To Retire To In Virginia
There are so many reasons why Virginia is for Lovers is the slogan of Virginia tourism. But for those of us who reside in the Old Dominion state, we know that VA is so much more than a beautiful place to visit its a beautiful place to live. From weekend trips to the beach and hiking the beloved Appalachian Trail, to its rich history and the friendliest people around, Virginia truly has it all, especially for retirees looking for the perfect balance of outdoor recreation, arts and culture, relaxation, and of course, diverse opportunities.
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Find Out What’s Happening In Viennawith Free Real
The study also looked at the number of doctor’s offices, recreation centers and retirement centers per 1,000 residents as well as the percentage of seniors in the total population.
Once locations were ranked on the three key factors, SmartAsset calculated an average ranking and gave the same weight to each factor. Places with the highest average ranking were named the best places to retire.
Best Places To Live In Northern Virginia
Northern Virginia or NoVA as many call it is a beautiful place to live. It is known as one of the most affluent parts of the United States. It consists of three counties: Fairfax County, Prince William County, and Loudoun County. Fairfax and Manassas are also part of Northern Virginia but are separate entities.
If youre planning to relocate to Northern Virginia, then youll have an idea of the kind of neighborhood you want, as well as the factors that mean the most to you. Some of these factors include the following:
To find out the best places to live in Northern Virginia, keep reading.
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How We Determined The Best Places To Retire
Virginia is tax-friendly for retirees. The state doesnt tax Social Security benefits. And you can deduct up to $12,000 in pension and other retirement income from your state taxable income if youre a senior. But while the state is generally a good place for retirees to put down stakes, some locations are better than others.
In order to compile this list, SmartAsset studied several factors that are important to retirees in Virginia, including healthcare access, the number of retirement-focused recreational centers and overall tax burden. Heres a breakdown of the top 10 places to retire in Virginia.
1. Fairfax County
If youre looking to retire in the great outdoors, Fairfax County may be the perfect place for you. The region houses many national parks, including Great Falls National Park and Mason Neck National Wildlife Refuge, the nations first sanctuary for bald eagles. You can also visit the Smithsonian Air and Space Museum.
Youd also have more than 300 miles of hiking trails to tackle as you stay active. In fact, the Fairfax County Park Authority runs more than 400 parks among more than 20,000 acres. Some feature wildlife preserves and working farms. But nature isnt Fairfaxs only perk. You also have more than 200 regional shopping centers.
Niche.com says that 13% of the population in Fairfax County is age 65 and over. The median rent is $1,881 and the median home value is $563,100.
2. Falls Church
Enjoy All Four Seasons
From hot balmy summers to beautiful autumn colors, winter frost, and warm springs, youll enjoy all four seasons if you decide to make Virginia home. Virginia has milder winters than its neighbors to the north. Although Virginia gets hot and muggy, its no comparison to the brutal summers in the deep south or Southwestern US.
Fall is probably the best time of year in Virginia. Youll see the state covered in fall colors as you drive along the highways. Be sure to visit Shenandoah National Park to experience all of Virginias fall beauty for a special treat.
Depending on where you live, youll only be a few hours drive from the beach in the summer and the mountains in the winter. Virginia is a great place to enjoy all seasons of the year.
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The 10 Best Places To Retire In West Virginia For 2021
No matter where you wind up on this list, you’re sure to have a peaceful and well-earned retirement. And if you’re worried that West Virginia’s too far from the kids, be sure to mention to them that over half of the cities on this list are also among the best places to raise a family in West Virginia. Sounds like a pretty easy pitch to me!
Curious as to how we arrived at these cities as the best of the best for retirees? We looked at cities in West Virginia of at least 1,000 people, leaving us with 19 cities to rank. Then we broke down the data from the Census, the FBI’s Crime Report, National Weather Service, and OpenFlights. looking for places that had a higher median age, plenty to do, a low cost of living, and a low crime rate. By ranking each of the 19 cities on a scale of 1 to 19, with lower numbers being better, we arrived at our result.
What city outshined the rest for the best city to retire in? According to the data, Wellsburg is the best spot to spend to retire in West Virginia for 2021. If you’re thinking of retiring somewhere in West Virginia that’s not listed above, check out the complete list below.
For more West Virginia state reading:
We then ranked each of these places for each criteria from one to 19, with the lowest number being the best.
The 10 Best Places To Retire In Virginia For 2021
If you choose to live in one of Virginia’s best places to retire, you could be strolling the Dan Daniel Memorial Park in Danville or rubbing elbows with Staunton’s finest on the greens at The Club at Ironwood. And if you play your cards right, you could just become a permanent resident of Virginia’s number one, best place to retire.
So, what’s the best place to retire in Virginia for 2021? The best place to retire in Virginia would be Martinsville according to the most recent data.
To see how your favorite Virginia cities compared, take a look at the list below and if you don’t see it there, head to the bottom.
For more Virginia state reading:
We then ranked each of these places for each criteria from one to 36, with the lowest number being the best.
Finally, we took the average rank across these criteria. The place, in this case Martinsville, with the lowest average rank was crowned the best of the best, a place for you to start your second careers. .
Higher Education Is Some Of The Best
Virginia is well educated and is prized for its notable institutions. Home to three of the top 40 public universities in the entire country, The University of Virginia, The College of William and Mary, and Virginia Tech are all highly sought after. If you have children who will want to attend any of the schools in Virginia, having the in-state tuition will be a plus. The University of Virginia was founded by Thomas Jefferson in 1819 and has the highest overall graduation rate in the United States. Meanwhile, the College of William and Mary is the second oldest institution in the United States as it was founded in 1693 by King William III and Queen Mary II. James Madison University and George Mason University are also in Virginia. If you have younger children who will first be attending public school then they will also be in good hands. Some of the best school districts in the state are Fairfax County Public Schools, Prince William County Public Schools, Loudoun County Public Schools, and Virginia Beach Public Schools.
The 10 Best Places To Retire In Virginia In 2021
If you are looking for a state with a vast amount of history, breathtaking nature and exciting outdoor activities, then Virginia is your destination! Virginia is centrally located on the East Coast and has something for everyone to appreciate.
NewHomeSource.com has found the top 10 places to retire in Virginia, making it easy to find the perfect retirement destination and new home for this next phase of your life.
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You Will Be Close To Washington Dc
Northern Virginia is right next to Washington D.C. Most that live in this area actually end up working in D.C. since it is so close. While residents in this area will have the benefits of being close to the nation’s capital and all of the amenities that it offers, there are some downfalls to consider. Living near D.C. means that traffic is busy and stressful, plus home prices will be higher in Northern Virginia. If this is not your scene then remember that there are many many other places to look at in the state outside of the D.C. vicinity. But for those that want to live near the capital of the United States without actually living within the city, this is a good area to settle down.
The Benefits Of Retiring In Virginia
At Cornerstone Homes, we believe that a new, comfortable energy-efficient home that is built to meet your needs now and in the future, isnt enough you deserve a hometown that checks off all the boxes on your list too. Thats why we only build our distinct homes in perfect locations in Virginia towns that enhance every moment of your retirement.
When you decide to build a brand new home in Hanover County, Fredericksburg, Smithfield, or Midlothian, you become a part of a community and neighborhood that understands what home means. From the locally owned coffee shop youll look forward to visiting every morning to the open roads that will take you to familiar and new places, one of these towns is where the best chapters of your life will unfold.
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Study Ranks Winchester 8th Best Place To Retire In Virginia
WINCHESTER According to a study from financial technology company Smart Asset, Winchester is the eighth-best place to retire in Virginia.
The study gathered data on three regional factors that impact quality of life for retirees, including tax-friendliness, medical care and social opportunities.
Researchers looked at state and local tax rates, considering both income and sales tax. They calculated the effective rates based on a retiree earning $35,000 annually from retirement savings, Social Security and part-time employment.
Income taxes paid were subtracted from the gross income to determine disposable income. Sales taxes paid were calculated based on the disposable income being spent on taxable goods.
Next, researchers determined the number of doctors offices, recreation centers and retirement centers per thousand residents in each location and then measured the number of seniors in each city as a percentage of the total population.
Finally, researchers ranked each location on those factors, then calculated an average ranking for each area and weighted them equally.
In the data, Winchesters tax burden was listed at 14.8%. There were six doctor offices per 1,000 people, one recreation center per 1,000 people and 0.3 retirement centers per 1,000 people. The data showed that 15.9% of the population are seniors.
Overall, Winchester scored a 33.61 on the Smart Asset Best Places to Retire Index.
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Here Are The 11 Best Cities In Virginia To Retire
When the time comes to pick a place to retire, you want to make it a good one. After all, retirement is the prize at the end of a lot of long years of hard work. So what are the factors that go into picking that magical place?
The perfect place will be a little different for everyone depending on finances, family and, of course, preferences. But for the most common factors cost of living, safety, healthcare, activities and climate Virginia comes out on top time and again.
BankRate.com, a financial analysis website, recently published their list of the 10 Best States for Retire, ranking Virginia as #5 in the nation. We did a little more digging to find out what particular cities and towns have been recognized as top spotsand heres what we found. Keep in mind, these arent in any particular order as they have all been recognized by various organizations and publications, but not analyzed side-by-side.
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Don’t Forget About Your Quality Of Life
Being happy where you are is a big deal. Before committing to a new place, experts suggest you visit or rent for a while to see if you like it. The right choice takes research and includes many personal factors other than money, like proximity to family and friends.
Only you can determine the best retirement destination for you in terms of satisfaction.
Grow’s retirement calculator can help you figure out how much you might need to bolster your finances.
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Virginia Is For Lovers
This phrase was created more than fifty years ago and became so popular that it is now an iconic slogan representing the state. Believed to be designed after the 1967 court ruling of Loving Vs. Virginia which legalized interracial marriage in the United States, the slogan stuck around and has been used versatilely over the years. Greeting travelers on the interstate, the state sign boasts this slogan and reminds people every day to do nothing more but to love.
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Best Counties To Retire To In West Virginia
Buyers and sellers of real estate alikewhen asked what are the three most essential considerations about a propertywill nearly always reply “location, location, location.” While this answer is sometimes tongue-in-cheek, it is often quite accurate, and this reply perhaps applies to retirees more than any other demographic. Settling down after a lifetime of working and perhaps raising a family calls for the perfect location: a spot where you can enjoy life with as few concerns as possible.
When seniors aged 65 years or older decide on where they want to live out their golden years, they consider very specific factors, such as the cost of living, government services, health care facilities, weather and overall climate, crime rate, outdoor recreational activities, eating establishments, cultural and entertainment opportunities, and more.
Stacker compiled a list of the best counties to retire in West Virginia using data from Niche. Niche ranks counties based on a variety of factors including cost of living, healthcare, recreation and weather.
Read on to discover the best counties to retire to in West Virginia.
– Median home value: $130,600 – Median rent: $650 – Median household income: $47,837- Top places to live: Ripley
– Median home value: $107,900 – Median rent: $626 – Median household income: $38,540- Top places to live: Peterstown
– Median home value: $99,100 – Median rent: $662 – Median household income: $37,988- Top places to live: Lavalette , Ceredo , Kenova