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Roanoke County

Learn about the people, housing, costs and businesses in Roanoke County County

Median Home$292,303
Median Rent$1,250/month
Population97,023
Leading IndustriesHealthcare · Public Administration · Arts, Food & Hospitality12% healthcare
Home Value Growth⬆⬆+17.9% over 2 years
Retirees22% of residentsnear the national average
Homeowners76% of occupied units
NotableHighly Educated24% bachelor's · 9% graduate · top 10% nationally
NotableHigh Incomes$86k/year · top 15% nationally
Roanoke County
VA

Frequently Asked Questions

What are today's mortgage rates in Roanoke County?

As of today, the 30-year fixed mortgage rate for Roanoke County is approximately 7.039% (7.066% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for Roanoke County
What is the median home price in Roanoke County?

The median home value in Roanoke County is $292k. The median monthly rent is $1,250. Annual property taxes average $2k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Roanoke County?

Home values in Roanoke County have increased 17.9% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Roanoke County?

Based on a typical all-in ownership cost of $1,247/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $53k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Roanoke County is $86k/year.

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What industries drive the economy in Roanoke County?

The largest employment sectors in Roanoke County are public administration (28%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas