Searching for a spot to retire in Virginia? These Virginia coastal cities have delicate winters, lovely seashores and inexpensive housing.
1. Cape Charles
Inhabitants: 1,297
Share of inhabitants age 60+: 27%
Median month-to-month lease: $482
Cape Charles is a small city on Virginia’s Japanese Shore that’s fashionable amongst retirees for its quiet and laid-back environment. Housing is extra inexpensive right here than in lots of different components of Virginia, so it’s simpler on the pockets.
The city has a stunning seashore on the Chesapeake Bay and a group the place many older adults have chosen to dwell. The price of dwelling isn’t sky-high, so you may calm down and luxuriate in your retirement with out continually worrying about cash. All in all, Cape Charles is a good spot if you happen to’re on the lookout for a peaceable, beachside retirement.
2. Colonial Seashore
Inhabitants: 4,002
Share of inhabitants age 60+: 40.7%
Median month-to-month lease: $975
Colonial Seashore sits alongside the Potomac River and is a quiet place that’s successful with retirees. It’s not simply in regards to the calm although; there’s additionally a sandy seashore and an enthralling boardwalk to get pleasure from. What’s extra, housing costs aren’t via the roof, which is nice information if you happen to’re on a set earnings.
Whereas the city itself is peaceable, it’s additionally not too removed from greater cities like Fredericksburg and Richmond if you happen to ever really feel the necessity for extra choices. An excellent chunk of the city’s inhabitants is made up of older adults, displaying that it’s a well-liked place for retirement.
3. Virginia Seashore
Inhabitants: 454,2891
Share of inhabitants age 60+: 26.8%
Median month-to-month lease: $2,100
Virginia Seashore is a well-liked place to retire as a result of it’s inexpensive and has rather a lot to supply. You get the ocean with out dropping metropolis conveniences. Housing prices are affordable, so you may dwell comfortably with out going over funds. Sandbridge is a quieter space that many retirees love for its peaceable seashore vibe.
Town is a part of the bigger Hampton Roads metro space, so that you get a mixture of city and rural settings. It’s a beautiful possibility for retirees on the lookout for a well-rounded way of life. Many individuals over 60 dwell right here, which speaks to its enchantment for retirees. With good healthcare and loads of issues to do, Virginia Seashore is a best choice for retirement on the Virginia coast.
4. Yorktown
Inhabitants: 286
Share of inhabitants age 60+: 73.1%
Median month-to-month lease: $1,073
Yorktown is an enthralling, history-rich city on the York River, and it’s a part of the Historic Triangle with Jamestown and Williamsburg. The city has a relaxed, slower tempo, which many retirees recognize. Although housing isn’t low cost, you do get a peaceable setting and good healthcare choices in close by cities.
A whole lot of older adults dwell in Yorktown, signaling that it’s a sought-after spot for retirement. Moreover the peace and quiet, the city additionally provides a mixture of pure magnificence and historic landmarks.
5. Chincoteague
Inhabitants: 3,338
Share of inhabitants age 60+: 49%
Median month-to-month lease: $850
Chincoteague, recognized for its wild ponies and clear seashores, is a small city on Virginia’s Japanese Shore that’s excellent for a quiet retirement. Whereas there’s no particular information on housing prices, the city’s average common family earnings hints that it’s seemingly an inexpensive place to dwell.
Many older adults name Chincoteague residence, pointing to its enchantment amongst retirees. The city has a yearly Pony Swim and Public sale that locals love, and if you happen to’re into nature, the Chincoteague Nationwide Wildlife Refuge provides loads of alternatives for exploration.
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David Bakke is a private finance skilled and the printed creator of the guide ‘Don’t Be A Mule.’ Specializing in cash administration, investing, retirement, earnings technology, and entrepreneurship, he earned his Bachelor of Arts in Inventive Writing from the College of South Florida. David began his personal weblog, YourFinances101, in 2009. His writing has been featured in Investopedia, Enterprise Insider, US Information, and Cash Crashers.