Retirement in Virginia Beach VA – 8 Benefits to Know
Virginia Beach is a top retirement destination, renowned for its pristine beaches, vibrant lifestyle, and friendly community.
Its mild climate and abundant recreational opportunities attract many retirees.
The area also offers excellent healthcare facilities and a lower cost of living compared to other East Coast locations.
Retirees can enjoy numerous benefits, including:
- Natural Beauty and Outdoor Activities
- Tax Benefits
- Healthcare Facilities
- Community and Social Life
- Housing Options and Cost of Living
- Mild Climate
- Transportation and Accessibility
- Historical and Cultural Attractions
Read on to explore these benefits and how RBC Homes can enhance your lifestyle in this idyllic setting.
1. Natural Beauty and Outdoor Activities
Virginia Beach offers a variety of beach experiences along the Atlantic Ocean and Chesapeake Bay.
The lively Oceanfront features a bustling boardwalk lined with restaurants, shops, and entertainment, making it a favorite among tourists.
Just to the south, Sandbridge Beach provides a tranquil retreat with dunes and sea oats for those seeking peace and quiet.
Meanwhile, Chic’s Beach, also known as Chesapeake Beach, offers calm waters ideal for paddleboarding and kayaking, attracting locals who prefer a quieter atmosphere.
Popular Activities
Virginia Beach is a haven for outdoor enthusiasts, and its beaches cater to a wide array of activities, such as:
- Swimming: All the beaches, including the Oceanfront and Sandbridge, provide excellent swimming opportunities.
- Surfing: Croatan Beach is particularly popular among surfers, with designated areas for beginners and pros alike.
- Snorkeling: The clear waters of some beach areas are perfect for snorkeling adventures.
- Biking and Hiking: First Landing State Park offers extensive trails through diverse ecosystems, including freshwater wetlands and maritime forests.
- Beach Volleyball: Many beach areas, including Little Island Park, have facilities for beach volleyball, making it a favorite pastime for visitors.
Parks and Trails
Virginia Beach is not only about its stunning coastline but also its rich green spaces:
- First Landing State Park: This park is Virginia’s most-visited state park, featuring trails that wind through cypress swamps, salt marshes, and dunes, offering a mix of nature and history.
- False Cape State Park: Accessible only by foot, bike, or boat, this park offers a secluded experience with trails and opportunities for wildlife viewing.
- Back Bay National Wildlife Refuge: Adjacent to False Cape, it provides habitats for a variety of species and is perfect for birdwatching and kayaking.
These natural attractions and outdoor activities make Virginia Beach a perfect destination for retirees looking for an active and engaging lifestyle.
2. Tax Benefits
Virginia beach offers substantial tax benefits for retirees, notably exempting Social Security benefits from state income tax.
Seniors aged 65 and older can also subtract up to $12,000 from their income when calculating state taxes, which varies based on income.
Reduced Property Taxes and Income Tax Benefits
Virginia Beach provides significant property tax relief programs for seniors.
Qualifying individuals (65+) with annual household incomes below $78,408 and assets under $350,000 (excluding home value) can receive property tax exemptions.
These programs aim to reduce financial burdens, making this city an attractive retirement destination.
Read More: Living in Virginia Beach – Your Guide to Coastal Living
3. Healthcare Facilities
Virginia Beach provides access to top-tier medical facilities and specialized care.
Notable institutions include Sentara Princess Anne Hospital, which offers comprehensive healthcare services and state-of-the-art technology.
The Virginia Beach Health & Rehab is also prominent, known for its exclusive LifeWorks Rehab® program for customized recovery.
The area’s robust healthcare infrastructure ensures high-quality medical care, from routine check-ups to advanced treatments.
Additionally, residents benefit from diverse health insurance options, making Virginia Beach a desirable retirement destination with excellent support for health and wellness needs.
Read More: Best Neighborhoods in Virginia Beach VA – Prime Living Spots
4. Community and Social Life
Virginia Beach is vibrant with numerous community events, festivals, and cultural activities that cater to a wide range of interests.
From art shows to music festivals, the city offers something for everyone throughout the year.
Popular Events
- Neptune Festival: Held annually in late September, the Neptune Festival is a major event featuring art, music, food, and a variety of competitions. Highlights include the Sand Sculpting Championships and Neptune’s 8K Race.
- Virginia Beach Patriotic Festival: Celebrated in May, this festival honors the armed forces with military displays, concerts, and a spectacular fireworks display.
- Something in the Water Music Festival: Organized by Pharrell Williams, this festival takes place in April and features a lineup of popular music artists, drawing crowds from all over.
Community Centers and Senior Living Communities
Virginia Beach also boasts numerous community centers and senior living communities that offer a range of social and educational programs.
These centers provide opportunities for seniors to engage in various activities, from fitness classes to art workshops, ensuring an active and fulfilling lifestyle.
- Virginia Beach Senior Resource Center: Offers various programs including health and wellness classes, educational seminars, and recreational activities tailored for seniors.
- Senior Living Communities: Facilities such as First Colonial Inn and The Waterford at Virginia Beach provide a mix of independent living and assisted living options, complete with amenities and social programs designed to enhance the quality of life for residents.
These events and community resources make Virginia Beach a lively and supportive place for retirees, fostering a strong sense of community and well-being.
5. Housing Options and Cost of Living
Virginia Beach offers a relatively affordable cost of living compared to other major East Coast cities.
The overall cost of living index is slightly higher than the national average at 104.8 but remains lower than many East Coast counterparts like New York and Boston.
Housing costs in Virginia Beach are competitive, with a typical home costing around $370,800, which is higher than the national average but more affordable than cities like Miami or Washington, D.C.
Variety of Housing Options
Virginia Beach provides a diverse range of housing options catering to various preferences and budgets:
- Beachfront Condos: Ideal for those looking to enjoy ocean views and a vibrant coastal lifestyle, neighborhoods like Oceanfront and Sandbridge offer beachfront condos. Oceanfront condos have a median sale price of $619,000, while Sandbridge features more upscale options with a median sale price of $966,000.
- Suburban Homes: For those preferring a quieter, suburban setting, areas like Oceana Gardens offer single-family homes and townhouses with a median sale price of $250,000. These neighborhoods provide a peaceful environment while still being close to city amenities and attractions.
Overall, Virginia Beach combines a variety of housing choices with a cost of living that provides good value, making it an attractive option for both retirees and families.
The city’s diverse housing market ensures that there are options to suit different lifestyles and financial situations.
6. Mild Climate
Virginia Beach enjoys a humid subtropical climate, characterized by hot, humid summers and mild winters.
During the summer months, temperatures often reach the mid-90s°F (about 35°C), with high humidity making it feel even warmer.
However, sea breezes from the Atlantic Ocean provide some relief from the heat.
The summer also brings the highest rainfall, particularly in August, which averages about 5.52 inches.
In contrast, winters are relatively short and mild, with temperatures rarely dropping below freezing.
The average low in January, the coldest month, is around 32°F (0°C). Snowfall is infrequent and light, averaging about 6 inches per year, significantly less than the national average.
Occasional Hurricane Threats and Necessary Preparations
While Virginia Beach’s climate is generally pleasant, the region is susceptible to occasional hurricanes and tropical storms, particularly from late summer to early fall.
These storms can bring heavy rain, strong winds, and the potential for flooding.
Residents are advised to prepare by securing property, having emergency supplies on hand, and staying informed about storm paths and evacuation routes.
Overall, Virginia Beach’s climate offers a comfortable living environment with ample sunshine, moderate temperatures, and a balance of seasonal weather variations.
7. Transportation and Accessibility
Virginia Beach has a well-developed road network designed to handle the heavy traffic typical of a popular coastal city.
The city continuously invests in road widening and improvement projects to alleviate congestion, particularly during rush hours.
Key projects include the Nimmo Parkway Phase VII-B, which aims to reduce travel times and enhance emergency access between major areas of the city.
Despite these efforts, traffic congestion remains a challenge during peak times, especially around the resort areas and major thoroughfares.
Limited Public Transportation Options
Public transportation in Virginia Beach is somewhat limited, with buses being the primary mode of transit.
The city is working to enhance its public transportation infrastructure by adding more bus shelters and improving service amenities.
However, most residents rely on personal vehicles for their daily commute due to the sparse and sometimes inefficient public transit system.
Proximity to Norfolk International Airport
One of the significant advantages of living in Virginia Beach is its proximity to Norfolk International Airport, which is approximately 20 miles away.
This airport offers a variety of domestic and international flights, making it convenient for residents to travel for both business and leisure.
The airport’s accessibility contributes to the overall connectivity of the city, providing residents with a straightforward option for air travel.
8. Historical and Cultural Attractions
Virginia Beach is rich in history, with several notable historical sites that offer a glimpse into its past:
- Cape Henry Lighthouse: The original lighthouse, built in 1792, was the first federally funded public works project in the United States. Visitors can climb to the top for breathtaking views of the Chesapeake Bay and the Atlantic Ocean. Nearby, the newer lighthouse, built in 1881, continues to guide ships safely to shore.
- First Landing State Park: This park marks the spot where English colonists first landed in 1607. It offers a mix of historical significance and natural beauty, with hiking and biking trails through lush forests and along the coastline. The park is also popular for its educational programs and camping facilities.
Cultural Attractions
Virginia Beach boasts a vibrant cultural scene with numerous museums, art galleries, and theaters:
- Virginia Museum of Contemporary Art (MOCA): This museum features rotating exhibitions of contemporary art, including paintings, sculptures, and digital media. It serves as a cultural hub for both locals and visitors, offering art classes and workshops.
- Sandler Center for the Performing Arts: A premier venue for performing arts, the Sandler Center hosts a variety of events, including concerts, theater performances, and dance recitals. It is an essential part of the city’s cultural landscape, providing a platform for both local and international artists.
- ViBe Creative District: This area is the heart of the city’s creative community, featuring murals, art studios, and galleries. The district hosts regular events such as art walks and open studio nights, fostering a vibrant and accessible art scene.
From historical landmarks to contemporary cultural institutions, Virginia Beach offers a rich tapestry of attractions that cater to history buffs, art enthusiasts, and casual visitors alike.
Investing in Your Dream Home with RBC Homes
Owning a custom-built home offers significant advantages, such as complete personalization.
This allows homeowners to design every aspect of their home according to their preferences, from layout to finishes.
Such customization can significantly enhance the property’s value.
Custom-built homes typically receive higher appraisals than standard homes because of their distinctive features and exceptional craftsmanship.
Long-Term Investment and Appreciation
Investing in a custom-built home in Virginia Beach is a wise financial decision.
The real estate market in this area is strong, with properties consistently appreciating.
This trend makes custom homes a sound long-term investment, promising substantial returns as demand for high-quality, personalized homes grows.
RBC Homes’ Commitment
RBC Homes is committed to building exceptional homes that stand the test of time.
They use high-quality materials and skilled craftsmanship to ensure durability and longevity.
By choosing RBC Homes, you secure a high-value, personalized property that meets your immediate needs.
Additionally, it offers long-term financial benefits in Virginia Beach’s thriving real estate market.
Case Studies
Explore the following case studies to see how RBC Homes brings its vision to life through diverse and innovative projects, each tailored to unique lifestyles and preferences:
Aquatic Dreams
Aquatic Dreams showcases RBC Homes’ expertise in luxury waterfront living.
With expansive windows offering panoramic water views, a private dock, and a heated pool, this custom home embodies quality and elegance.
High-end finishes and seamless indoor-outdoor spaces make it perfect for relaxation and entertaining, reflecting RBC Homes’ commitment to exceptional craftsmanship.
Over the Moon
Over the Moon exemplifies RBC Homes’ modern design excellence.
Featuring a gourmet kitchen, spa-like master suite, and a rooftop terrace, this home highlights contemporary luxury.
Designed for energy efficiency, it integrates smart technologies and sustainable materials, showcasing RBC Homes’ dedication to environmental responsibility and cutting-edge innovation.
Ruff Life
Ruff Life demonstrates RBC Homes’ ability to cater to specific client needs.
Designed for a family with pets, it includes durable, pet-friendly materials, custom pet areas, and a spacious backyard.
Balancing practicality with high-end finishes and elegant design, this home seamlessly blends functionality and luxury, illustrating RBC Homes’ versatility.
FAQs
Is Virginia Beach a good place to retire to?
Yes, Virginia Beach is an excellent place to retire. It offers a mild climate, beautiful beaches, a variety of recreational activities, and a welcoming community. The city’s vibrant cultural scene, with numerous festivals and events, also makes it an attractive place for retirees looking to stay active and engaged.
Is Virginia Beach tax-friendly for retirees?
Virginia Beach is relatively tax-friendly for retirees. It exempts Social Security benefits from state income taxes, offers significant deductions for other retirement income, and provides property tax relief for seniors who meet certain income and net worth criteria.
Is Virginia a good place to retire financially?
Yes, Virginia is considered a good place to retire financially. The state offers a moderate cost of living, tax benefits for retirees, and a variety of affordable housing options. Additionally, Virginia’s healthcare facilities are highly regarded, providing excellent medical care for seniors.
How much money do you need to live in Virginia Beach?
The cost of living in Virginia Beach is slightly higher than the national average. To live comfortably, a single person should budget around $54,400 annually, while a family might need approximately $70,920. This includes housing, utilities, food, healthcare, and other expenses.
Is Virginia Beach senior-friendly?
Virginia Beach is very senior-friendly, offering numerous amenities and services tailored to seniors. The city has various community centers, senior living communities, and programs that provide social, recreational, and educational opportunities for older adults.
Can you build your own home in Virginia?
Yes, you can build your own home in Virginia. Custom home building is a popular option, and there are numerous builders, like RBC Homes, that specialize in creating custom-designed homes.
How long does it take to build a custom home in Virginia?
Building a custom home in Virginia typically takes between 8 to 12 months, depending on the complexity of the design and other factors like permitting and weather conditions. For detailed insights, refer to related articles on the custom home building process in Virginia Beach.
Do you have more questions?
Feel free to contact us for more information or to discuss your specific needs. We are here to help you every step of the way in making Virginia Beach your perfect retirement destination.
Conclusion
Virginia Beach is a perfect destination with its natural beauty, mild climate, vibrant community, and rich culture.
It’s an ideal spot for a dream home. RBC Homes offers unmatched quality and craftsmanship in custom-built homes, ensuring your investment is both beautiful and enduring.
Ready to build your dream home in Virginia Beach?
Contact RBC Homes today to schedule a consultation and start your journey!
