Roanoke, Virginia Housing

Roanoke, Virginia has a population of 100,011, with a median household income of $56,118.

Current housing data for Roanoke.

$248,800

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Population

100,011

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Median Income

$56,118

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Unemployment

4.60%

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Housing Price

$248,800

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Crime Rate

5.70

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Internet Speed

205.90 Mbps

Roanoke is a mid-sized city located in Virginia. The city has a population that is above the average city population in Virginia, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Virginia, Roanoke provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Roanoke has a population of 100,011, which is higher than the state average. This indicates a relatively larger urban presence within Virginia.

Income and Economy

The median household income in Roanoke is $56,118, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Roanoke is about $248,800, making it relatively affordable compared to many cities in Virginia.

Employment and Safety

The unemployment rate in Roanoke is 4.60%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Roanoke are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Virginia, Roanoke shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Virginia, Roanoke contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Roanoke

What is the population of Roanoke?

The population of Roanoke is approximately 100,011.

Is Roanoke a good place to live?

Roanoke offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Roanoke?

The median household income in Roanoke is around $56,118.

How expensive is housing in Roanoke?

The average housing price in Roanoke is approximately $248,800.