Roanoke, TX is a suburban city located in Denton and Tarrant counties in the north of Texas state. It has an estimated population of 7,700 people according to 2019 census. The cost of living in Roanoke is higher than the United States average, with 2 bedroom rent reaching $1,750 as opposed to $1,430 nationwide. Grocery Cost Index is also higher in Roanoke at 104 against 100 in the United States. Despite its relatively small size, Roanoke offers many amenities to its residents and visitors alike. Popular local businesses include Mellow Mushroom Pizza Bakers, El TapatÃo Mexican Restaurant, Chick-fil-A and Starbucks. Fun activities like Outdoor Sportsplex Soccer Fields, Perfect Swing Golf Academy and Horseshoe Bend Park are popular among families and outdoor enthusiasts.
Roanoke has an unemployment rate of 5.6%. The US average is 6.0%.
Roanoke has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 50.0%, which is higher than the US average of 33.5%.
Tax Rates for Roanoke
- The Sales Tax Rate for Roanoke is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Roanoke is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Roanoke
- The average income of a Roanoke resident is $31,830 a year. The US average is $28,555 a year.
- The Median household income of a Roanoke resident is $111,694 a year. The US average is $69,021 a year.