Virginia continues to be one
of the most interesting states to watch in retirement.
Actually, it seems to us to be three states combined
First, there are the Northern Virginia suburban
sprawl counties within driving distance of DC, which
are growing very rapidly. Of the 250,000 net new residents
in Virginia from 2000-2005, 60 percent of the growth
came in Northern Virginia. In other words, the growth
rate is at least twice as fast as the rest of the state.
The coastal region of Hampton Roads/Virginia Beach
is also showing strong growth, especially because of
the strong Navy and military presence in that area.
Also Colonial Williamsburg is not only a top tourist spot,
but a retirement hotspot as well.
The slowest growth in
the state comes in the true retirement areas of the state
in the mountainous western and southwestern parts of the
state. There you find find quaint college towns like Roanoke
(Hollins College), Charlottesville (UVA), Lynchburg (Sweet
Briar/Liberty) and Lexington (Washington & Lee/VMI).
All are great places to retire because of the many amenities
they offer. Other Virginia towns like Blacksburg (Virginia
Tech) and to a lesser extent, Danville and Bristol have
small town charm.
An emerging hotspot is the Smith Mountain
Lake area. Near the lake are Franklin County and Roanoke,
an increasingly popular choice for its economy and its
schools. One of our top picks is a small historic mountain
town of Abingdon (population 8,000) near the Tri-Cities
area of Johnson City/Kingsport/Bristol, Tennessee- Virginia.
neither the state or towns in Virginia appear to be actively
recruiting retirees, so information is not as available
as in other southern states.
Offers Many Options for Retirees
- Mountains, lakes highlight western region
- Williamsburg has become a mecca for retirees
- Northern Virginia has a little of everything