Is Roanoke, Virginia a Good Place To Live? - Living In Roanoke, VA

Is Roanoke, Virginia a good place to live?
Roanoke is a city in Virginia state in USA with a population of 99122 residents.. The poverty rate of Roanoke is 20.1%, which is 44% higher than national average. The typical household in Roanoke earns $45664 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 10 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 54.6% of households earn less than $50,000 a year compared to 39% national rate.

A high school education is a basic prerequisite for most jobs, and in Roanoke, only 87% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Roanoke remained 6.7%, which is 43% higher than national rate. Nearly 1 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Roanoke, only 24% of adults have a bachelor's degree and 28% have some college but no degree.

Cost of living in Roanoke is 87, which is 13% lower than national average. Median home value in Roanoke is $134900 , which is 41% lower than national average. While median income in Roanoke remained $45664, which is 32% lower than national average.
Population
99122
Unemployment
6.7%
43% NAT AVG.
Poverty
20.1%
44% NAT AVG.
Overall Score
4
Median Home Cost
$134900
41% NAT AVG.
Median Income
$45664
32% NAT AVG.
Median Rent
$804
31% NAT AVG.
Cost Of Living
87
13% NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 15
People Earning < $10,000
1 in 10
People Earning < $50,000
54.6%
People with <= High School
1 in 2.1
People With Any Degree
1 in 3
Pros & Cons Overview

Jobs50%

Housing60%

Affordability60%

Safety40%

Amenities90%

Diversity90%

Education60%

Commute80%