01 - Taxes
Retirement Tax Treatment
Virginia taxes income but exempts Social Security benefits, which can meaningfully reduce the tax burden for retirees drawing from that source.
Source · Tax Foundation
8
Fact text
- Little River Turnpike, which runs through Annandale, is considered the first toll road in America.
- Annandale's downtown is so packed with Korean restaurants and shops that it's earned the nickname 'Koreatown,' with nearly 930 Korean-owned businesses as of 2006.
- Annandale was named in 1830 by a Scottish settler after a town in Scotland, making it the second Virginia settlement named after a place in Dumfriesshire.
Your
Annandale
Retirement Outlook — in 90 seconds
Hosted by Michael McMillan, President of Annuities.net
Every figure mentioned is drawn from the same sourced public data shown below — and the video updates as the data does.
42,240
+
Total Population
$
101,121
Median Income
$
502,900
Median Home
16
%
Age 65+
Retirement Suitability
How
Annandale
ranks for retirees?
43
/ 100
A blended, sourced view of how this city ranks for retirees across tax, affordability, healthcare, and climate.
Tax
8
Affordability
26
Healthcare
92
Climate
40
Results
Annandale
Suitability Breakdown
02 - Income
Annuity Rates Available Here
Fixed annuity rates reach up to
7
% on 5-year terms, with most landing between
5
% and
5
%.
Source · Cannex
26
03 - Healthcare
Hospital Access & Quality
The area has
4
Medicare-certified hospitals, averaging a
4
/5 CMS quality rating.
Source · CMS Hospital Compare
4
04 - Climate
Weather & Comfort
A
Temperate
climate — summers peak near
81
°F, winters dip to about
26
°F, with roughly
21
″ of snow a year.
Source · NOAA Climate Normals
Temperate
05 - Risk
Natural Disaster Risk
FEMA's overall natural-disaster risk rating for this county on the National Risk Index.
Source · FEMA National Risk Index
Relatively High
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Frequently Asked Questions
Does Virginia tax Social Security benefits for retirees?
Virginia does not tax Social Security benefits, which can meaningfully lower the overall income tax burden for retirees who rely on that income source. This exemption is worth understanding as you estimate your retirement cash flow in Annandale, though other income sources like pensions may be treated differently, so verifying your full tax picture with a tax professional is wise.
What hospitals are near Annandale VA for retirees on Medicare?
Annandale is served by four Medicare-certified hospitals that average 4.25 out of 5 CMS stars, suggesting solid access to quality inpatient care. For retirees, proximity to well-rated hospitals is an important factor when evaluating a community, and this rating indicates the area compares favorably on that measure.
How expensive is housing in Annandale Virginia?
The median home value in Annandale is $502,900, and the median household income is $101,121. These figures reflect a financially established community. For retirees weighing whether to own or rent, understanding local home values alongside fixed income sources helps in projecting long-term housing costs accurately.
What are the natural disaster and weather risks for retirees living in Annandale VA?
FEMA rates this county’s overall natural-disaster risk as Relatively High, which is worth factoring into housing and insurance planning. Annandale also experiences temperate four-season weather, with winter lows averaging 26°F and about 21 inches of annual snowfall — conditions older residents should consider when evaluating year-round livability and home maintenance demands.
How can a guaranteed annuity help fund retirement in Annandale Virginia?
With roughly 15.7% of Annandale residents already 65 or older and a median household income topping $101,000, many here are weighing how to protect retirement income against rising healthcare and housing costs. A multi-year guaranteed annuity locks in a fixed interest rate for a set term, turning a lump sum into predictable growth. Virginia exempts Social Security from state income tax, so pairing that benefit with guaranteed annuity income can help cover essential expenses reliably. Current rates change often, so check our current annuity rates page for today’s figures.