Searching for a spot to retire in Virginia? These Virginia coastal cities have gentle winters, stunning 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 well-liked 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 residing isn’t sky-high, so you’ll be able to chill out and luxuriate in your retirement with out continually worrying about cash. All in all, Cape Charles is a good spot in case you’re searching for a peaceable, beachside retirement.
2. Colonial Seaside
Inhabitants: 4,002
Share of inhabitants age 60+: 40.7%
Median month-to-month lease: $975
Colonial Seaside sits alongside the Potomac River and is a quiet place that’s a success with retirees. It’s not simply in regards to the calm although; there’s additionally a sandy seashore and a captivating boardwalk to take pleasure in. What’s extra, housing costs aren’t by way of the roof, which is nice information in case you’re on a set earnings.
Whereas the city itself is peaceable, it’s additionally not too removed from larger cities like Fredericksburg and Richmond in case you ever really feel the necessity for extra choices. A very good chunk of the city’s inhabitants is made up of older adults, displaying that it’s a preferred place for retirement.
3. Virginia Seaside
Inhabitants: 454,2891
Share of inhabitants age 60+: 26.8%
Median month-to-month lease: $2,100
Virginia Seaside is a well-liked place to retire as a result of it’s inexpensive and has quite a bit to supply. You get the ocean with out dropping metropolis conveniences. Housing prices are cheap, so you’ll be able to 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 sexy choice for retirees searching for a well-rounded life-style. Many individuals over 60 dwell right here, which speaks to its enchantment for retirees. With good healthcare and loads of issues to do, Virginia Seaside 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 a captivating, 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 admire. Although housing isn’t low-cost, you do get a peaceable setting and good healthcare choices in close by cities.
Quite a 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, identified for its wild ponies and clear seashores, is a small city on Virginia’s Japanese Shore that’s good for a quiet retirement. Whereas there’s no particular knowledge on housing prices, the city’s reasonable common family earnings hints that it’s seemingly an inexpensive place to dwell.
Many older adults name Chincoteague house, pointing to its enchantment amongst retirees. The city has a yearly Pony Swim and Public sale that locals love, and in case you’re into nature, the Chincoteague Nationwide Wildlife Refuge provides loads of alternatives for exploration.
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David Bakke is a private finance knowledgeable and the revealed writer of the e book ‘Don’t Be A Mule.’ Specializing in cash administration, investing, retirement, earnings era, 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, Business Insider, US Information, and Cash Crashers.