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Roanoke, Indiana

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
1,940
Population
$71,488
Median Income
$185,200
Home Value
37.6
Median Age

Demographics

Roanoke has a population of 1,940 with a median age of 37.6. Here is the racial and ethnic breakdown of the population:

White
92.9%
Other
5.1%
Hispanic
1.2%
Demographic Value
Total Population1,940
Median Age37.6
White92.9%
Black or African American0.4%
Asian0.4%
Hispanic or Latino1.2%
Other / Two or More Races5.1%
Roanoke, Indiana — racial composition (Census ACS 2024)Donut chart of 3 segments totaling 100.White: 92.9%Other: 5.1%Other: 2.0%1,940PopulationWhiteWhite92.9%OtherOther5.1%OtherOther2.0%

Income & Economy

The median household income in Roanoke is $71,488, which is 11.3% below the national median of $80,610. The per capita income is $39,118. The poverty rate is 10.9%.

$71,488
Median Household Income
$39,118
Per Capita Income
10.9%
Poverty Rate

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Education

In Roanoke, 95.9% of residents age 25+ have a high school diploma or higher, and 30.2% hold a bachelor's degree or higher (9.8% with a graduate or professional degree).

HS Diploma+
95.9%
Bachelor's+
30.2%
Graduate+
9.8%
Education Level % of Adults (25+)
High School Diploma or Higher95.9%
Bachelor's Degree or Higher30.2%
Graduate or Professional Degree9.8%

Housing

The median home value in Roanoke is $185,200, below the national median of $303,400. The median monthly rent is $817. The homeownership rate is 75.1%.

$185,200
Median Home Value
$817/mo
Median Rent
75.1%
Homeownership Rate
Housing Metric Value
Median Home Value$185,200
Median Monthly Rent$817
Homeownership Rate75.1%
Vacancy Rate4.5%

Salaries in Indiana

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Other Cities in Indiana

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Frequently Asked Questions

What is the population of Roanoke, Indiana?
The population of Roanoke, Indiana is 1,940 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Roanoke, Indiana?
The median household income in Roanoke, Indiana is $71,488. This is 11.3% below the national median of $80,610.
What is the median home value in Roanoke, Indiana?
The median home value in Roanoke, Indiana is $185,200. The median monthly rent is $817.
What percentage of people in Roanoke have a college degree?
In Roanoke, Indiana, 30.2% of adults age 25 and older hold a bachelor's degree or higher, and 95.9% have a high school diploma or higher.
Is Roanoke, Indiana an affordable place to live?
The home price-to-income ratio in Roanoke, Indiana is 2.6x (median home value $185,200 vs. median income $71,488), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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