Richmond, VA Senior Living
Richmond, the capital of Virginia, is a picturesque modern city located along the James River. Although settled since the early 1600s, this historical city wasn’t officially founded until 1737, and has since been the location of several notable events throughout US history. It was a strategic town during the American Revolution, and was the capital of the Confederate States during the Civil War. Today, Richmond is a hub of activity, with an economy mainly driven by law, finance and government sectors. Although this metropolitan city once struggled with high crime and heavy pollution, senior living in Richmond is becoming very popular as a retirement location, thanks to its convenient location, affordability and cultural charm.
Because of its historical significance, Richmond senior living offers access to many memorials, parks and museums. The most popular attractions include the Richmond National Battlefield Park, Virginia Museum of Fine Arts and the riverside Canal Walk. The city has also become a prime destination for outdoor lovers of all ages. In 2012, Richmond, Virginia was voted the Best River Town in America by Outside Magazine due to its easy-access trails, breath-taking scenery and numerous outdoor activities such as fishing, boating and kayaking.
Richmond, Virginia has a population of 205,533 with 11.1% of its residents aged 65 or older. This percentage is expected to rise as the baby boomers begin to retire in droves. Richmond is very attractive for new retirees looking for reasonable senior living options. *U.S. Census
Cost of Living
The Richmond, Virginia cost of living has a rating of 99 by AreaVibes.com. That’s about 2% more expensive than the state’s overall cost of living and 0.8% cheaper than the nation’s average cost of living. For seniors looking to retire in the state or region, Richmond can offer comfortable city senior living and a centralized location without breaking the bank.
The median home value in the city of Richmond is $201,800. That’s only 0.7% more than the nation’s median home values, and a significant 12.4% less than median home values in the state. If homes in other East Coast states and cities seem too costly for retirement, Richmond, Virginia can be a more affordable alternative. *Area Vibes
Crime rates in Richmond have been declining overall, with property crimes on a downward trend since 2001, and violent crimes on a downward trend since 2004. Average violent crime rates in Richmond, Virginia are currently about 81% higher than average violent crime rates in the country, while average property crime rates in the city are currently 41.4% above the national average. Richmond is certainly safer now than it was 30 years ago, but like with all cities, it’s a good idea to research your new home’s neighborhood before buying. *City Rating
Richmond Assisted Living Costs
Richmond is an excellent retirement destination, not only thanks to its low cost of living, but its many pleasant and affordable senior living options. Costs of assisted living in Richmond tends to vary depending on personal care needs, but the average monthly average is $3,810. *Genworth Data
Seniors living in Richmond, Virginia have plenty of healthcare center options to choose from. There are 13 hospitals in the city, including Virginia Commonwealth University Medical Center, which is the #1 rated hospital in the state, according to USNews.com. Other ranking hospitals in the city include Bon Secours St. Mary’s Hospital and Hunter Holmes McGuire VA Medical Center. *USNews.com
- Consult a complete list of Richmond medical centers and hospitals.
Richmond, Virginia is home to the Richmond International Airport (RIC), located only 15 minutes from the city center. Richmond also has two Amtrak rail stations. For inter-city travel, the city offers a popular public bus system. In fact, 8.3% of Richmond residents commute via public transportation, as opposed to only 2.2% of residents in the state of Virginia. With its network of trails and walking paths, not to mention its mild weather for most of the year, Richmond is a bike and pedestrian-friendly city.
Sharp Seniors found 180 Communities near Richmond, VA