The small town of Roanoke, AL with a population of 36274 is an ideal place to call home. The average 2 bedroom rent in this area is much lower than the national average at only $760 compared to $1,430. Additionally, groceries are more affordable here with a grocery cost index of 92 versus 100 in the US. Popular local businesses include Rick and Bubba's Barbecue & Catering, Roanoke Tire & Auto Service, and Wicker Tree Florist & Gifts. Residents will be happy to know that life in Roanoke is more affordable than many other areas due to its low housing and food costs.
Roanoke (zip 36274) has an unemployment rate of 2.5%. The US average is 6.0%.
Roanoke (zip 36274) has seen the job market increase by 2.4% over the last year. Future job growth over the next ten years is predicted to be 30.7%, which is lower than the US average of 33.5%.
Tax Rates for Roanoke (zip 36274)
- The Sales Tax Rate for Roanoke (zip 36274) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Roanoke (zip 36274) 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 (zip 36274)
- The average income of a Roanoke (zip 36274) resident is $19,712 a year. The US average is $28,555 a year.
- The Median household income of a Roanoke (zip 36274) resident is $36,471 a year. The US average is $69,021 a year.