05/07/2026
Where are people retiring to? University towns for many and here's an option my Camelot Charlottesville VA.
Charlottesville, Virginia โ Home to University of Virginia
Charlottesville sits between small-town scale and elite university infrastructure. Median home values are around $450Kโ$550K, and monthly rents are roughly $1,800โ$2,000.
Virginia has a progressive income tax up to 5.75%, along with moderate sales and property taxes that are generally below Northeast levels but higher than those in no-income-tax states.
Retirement income in the Commonwealth is generally taxable, with partial exemptions available.
What it means: Charlottesville offers high-quality amenities and a strong university presence, but without the intensity of some larger markets.
From Kiplinger newsletter.
Like more info on Cville and housing, call or text me Karen J Kehoe RE/MAX GATEWAY [email protected]