Retire in Roanoke

Best Retirement City - Roanoke

See why many believe that Roanoke is the best city to retire

Roanoke, Virginia is a large municipality bisected by the Roanoke River, with a population of just less than 100,000 people, which encompasses both Roanoke and Salem cities. The area is widely considered as the commercial and cultural center for southwest Virginia. Roanoke was formerly a famous stop on the Virginia and Tennessee Railroad, however it is no longer in operation. Tourists and locals alike flock to Roanoke, VA to visit the Mill Mountain Star and Park, and can also enjoy Roanoke’s many historic museums, and even the Roanoke Pinball Museum, which kids love! The Wasena/Grandin Village area is a beautiful upper-middle class neighborhood that is full of families, coffee shops as well as outdoor bars and restaurants. The Wasene/Grandin Village is also an ideal place to live for young professionals and retirees alive, who enjoy the appearance of 1950’s architecture, and the slow lifestyle of Roanoke, VA. Southern Hills, Roanoke, VA is another lovely option for housing, and is ideal for retirees who are looking to retire to a crime-free, quiet neighborhood. Roanoke, with a slightly lower than average cost of living, is a wonderful place to live for people of all ages who enjoy a quieter, slower environment, however, high real estate taxes and state income tax are slightly higher than the average.

City Highlights

  1. Low 65+ unemployment rate
  2. High property crime rates in some areas
  3. Low cost of living
  4. Great healthcare

Potential Drawbacks

  1. Distance to major airport
  2. 65+ income lower than national average

At a glance

Population:

97,949

Median age:

38

Median Household Income:

$ 39,530

Nearest City with Population of 200k+:

Greensboro, NC

Population Growth Last 3 Years

3.1%

County:

Roanoke

Age Breakdown (%)

  • 55 and under
  • 55 to 64 years
  • 65 to 74 years
  • Over 75

Gender breakdown over 65 years (%)

  • Men
  • Women

Airports

Closest Airport:

Roanoke Regional Airport

Distance to Closest Airport:

6

Closest Major Airport:

Raleigh-Durham International Airport

Distance to Closest Major Airport:

146

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