Roanoke is a city of just under 100,000 in southwestern Virginia. It is the hub of that part of the state, as well as for southern West Virginia. Although the city itself is not growing, the metro area is, thanks to many retirees moving to the area. Roanoke has long had a very aggressive urban renewal focus that has brought renewed life to the traditional downtown. There are many cultural events, museums and festivals that bring people to the center of town. In 2013 The Huffington Post listed Roanoke as the #2 Most Affordable City to retire, citing its low sales and income taxes, plus lower than average cost of living.
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Where to Retire in Roanoke and Home Prices
There are many places for retirees to live in or near Roanoke, including some active adult or 55+ communities. Average home prices in mid-2020 were $172,281 according to Zillow, which calls it a "Very Hot" market at this time.
What is Special about Roanoke
Roanoke's successful commitment to urban renewal makes it a special place for retirement. Its Center in the Square offers important cultural attractions. Residents will find a downtown that is interesting to go to with many festivals and museums. Hollins University and Virginia Western Community College offer college town life attractions to some degree.
What is Not Special about Roanoke
Reflecting its old urban past, the crime rate in Roanoke is well above average
Who Will Like Retirement in Roanoke
Retirees who want a college town with a low cost of living, and want to experience all four seasons would like it here.
Local Economy is Driven by
Climate and Physical Environment
Roanoke has four distinct but mild seasons. The average January temperature is 37 degrees, and the average July temperature is 77 degrees.
Restaurants & Cultural Scene
Roanoke's cultural attractions include the Science Museum of Western Virginia, the History Museum of Western Virginia, Taubman Museum of Art, Mill Mountain Theatre, Virginia Railroad Museum, and Shaftman Performing Arts Hall.
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