Retirement patterns: Anywhere but cities

Virginia is often ranked as one of the top states for retirees, according to lists published by groups like AARP or Bankrate. Temperate climate, good healthcare, and standard of living are all listed among Virginia’s advantages. During the past decade, however, few retirees moved to Virginia, and more 65- to 74-year-olds moved out of the state than in. Additionally, despite both college towns and cities being promoted as attractive retirement spots, in Virginia’s major cities more retirees moved out than in and there was no great influx of retirees moving in to college towns such as Blacksburg or Charlottesville. Instead rural and suburban regions were the only areas in Virginia to experience growth due to in-migration of retirees.

Regions

 

Continue reading