Roanoke, IN is a small town located in Huntington County, Indiana. It is a charming town with an array of attractions and amenities to offer its residents. The cost of living is quite low in Roanoke, making it an ideal place for people looking to settle down and enjoy the simple life. The two-bedroom rent rate in Roanoke is $850 per month which is significantly lower than the U.S average of $1,430. Furthermore, the Grocery Cost Index in Roanoke stands at 95 compared to 100 for the entire country.
Roanoke is home to many great businesses which serve the local community and generate local employment opportunities. These businesses include Mackey Auto Sales Inc., Miehls Trucking LLC, Family Dollar Stores Inc., Rick's Automotive Repair Inc., and K & A Meats Inc. All these businesses are dedicated to providing quality services to the residents of Roanoke and contribute significantly towards its growth and development.
Roanoke has an unemployment rate of 3.8%. The US average is 6.0%.
Roanoke has seen the job market decrease by -0.6% over the last year. Future job growth over the next ten years is predicted to be 22.3%, which is lower than the US average of 33.5%.
Tax Rates for Roanoke
- The Sales Tax Rate for Roanoke is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Roanoke is 5.0%. 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 $26,547 a year. The US average is $28,555 a year.
- The Median household income of a Roanoke resident is $69,375 a year. The US average is $69,021 a year.