UVA is not the only good state school in VA. There are several. Also, I know quite a few people who would argue that Va Tech is the flagship school. My oldest DS went to UVA (class of 2006) and yes, he would have been in the top 2-3 students in the local HS but he went to Thomas Jefferson HS for Science and Technology, where 1/4 of his class got into UVA. That said, VA Tech, JMU, ODU, George Mason, William and Mary, VMI, etc. are all good 4 year universities. While we love UVA and our son did too it's not the be all end all university in the state.
Something else to consider is that salaries are higher, which means 401K's will have higher balances, etc so when retirement age comes, that gives you more buying power if you relocate for retirement.