Everything You Need to Know About the City of Roanoke Virginia

In 2017, Roanoke, VA had a population of 99.6k people with a median age of 38.4 and a median household income of $41,483 dollars. Between 2016 and 2017 the population of Roanoke, VA grew from 99,329 to 99,572, a 0.245 percent increase, and its median household income grew from $39,201 dollars to $41,483 dollars, a 5.82 percent increase.

The population of Roanoke, VA is 59.5 percent White Alone, 28 percent Black or African American Alone, and 6.04 percent Hispanic or Latino. N/A% of the people in Roanoke, VA speak a non-English language, and 94 percent are U.S. citizens.

The largest universities in Roanoke, VA are Virginia Western Community College (1,290 degrees awarded in 2017), Jefferson College of Health Sciences (367 degrees), and Paul Mitchell the School-Roanoke (43 degrees).

The median property value in Roanoke, VA is $133,700 dollars, and the homeownership rate is 51.9 percent. Most people in Roanoke, VA commute by Drove Alone, and the average commute time is 20.3 minutes. The average car ownership in Roanoke, VA is 2 cars per household.


Education in Roanoke

In 2017, universities in Roanoke, VA awarded 1,741 degrees. The student population of Roanoke, VA is skewed towards women, with 3,623 male students and 5,051 female students.

Most students graduating from Universities in Roanoke, VA are White (1,409 and 81.5 percent), followed by Black or African American (146 and 8.45 percent), Asian (56 and 3.24 percent), and Two or More Races (55 and 3.18 percent).

The largest universities in Roanoke, VA by the number of degrees awarded are Virginia Western Community College (1,290 and 74.1 percent), Jefferson College of Health Sciences (367 and 21.1 percent), and Paul Mitchell the School-Roanoke (43 and 2.47 percent).

The most popular majors in Roanoke, VA are Other Liberal Arts & Sciences, General Studies, & Humanities (193 and 11.1 percent), Registered Nursing (147 and 8.44 percent), and General Studies (129 and 7.41 percent).

The median tuition costs in Roanoke, VA are $25,400 dollars for private four-year colleges, and $N/A and $N/A respectively, for public four-year colleges for in-state students and out-of-state students.


Economy in Roanoke

The economy of Roanoke, Virginia employs 47.3k people and Roanoke has an unemployment rate of 3.3 percent. Roanoke has seen the job market increase by 1.6 percent over the last year. Future job growth over the next ten years is predicted to be 30.0 percent, which is lower than the US average of 33.5 percent. The biggest industries in Roanoke, VA are Health Care & Social Assistance (8,426 people), Accommodation & Food Services (5,472 people), and Retail Trade (5,523 people), and the highest paying industries are Management of Companies & Enterprises ($73,958 dollars), Professional, Scientific, & Technical Services ($49,696 dollars), and Public Administration ($43,688 dollars).

Households in Roanoke, VA have a median annual income of $41,483 dollars, which is less than the median annual income of $61,937 dollars across the entire United States. This is in comparison to a median income of $39,201 dollars in 2016, which represents a 5.82 percent annual growth.


Tax Rates for Roanoke

– The Sales Tax Rate for Roanoke is 5.3%.

– The Income Tax Rate for Roanoke is 5.8%.

– Tax Rates can have a big impact when Comparing the Cost of Living.


Income and Salaries for Roanoke

– The average income of a Roanoke resident is $23,565 a year.

– The Median household income of a Roanoke resident is $39,530 a year.