24011 Roanoke, VA is an ideal place for people looking for a middle-class lifestyle at a reasonable cost. The 2 bedroom rent in the area is $1,050 which is significantly lower than the US average of $1,430. The Grocery Cost Index in 24011 Roanoke, VA is 114 versus 100 in the US indicating that food items cost 14% more in this region when compared to the national average. Companies located in the region include Carilion Clinic, Virginia Tech Carilion School of Medicine and Research Institute, and Valley Business Systems among others. With its lower housing costs and moderate cost of living 24011 Roanoke, VA provides a great environment to pursue a comfortable lifestyle while balancing affordability.
Roanoke (zip 24011) has an unemployment rate of 6.3%. The US average is 6.0%.
Roanoke (zip 24011) has seen the job market decrease by -5.3% over the last year. Future job growth over the next ten years is predicted to be 30.0%, which is lower than the US average of 33.5%.
Tax Rates for Roanoke (zip 24011)
- The Sales Tax Rate for Roanoke (zip 24011) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Roanoke (zip 24011) is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Roanoke (zip 24011)
- The average income of a Roanoke (zip 24011) resident is $69,018 a year. The US average is $37,638 a year.
- The Median household income of a Roanoke (zip 24011) resident is $56,779 a year. The US average is $69,021 a year.