Roanoke is a somewhat small city located in the state of Texas. With a population of 9,943 people and three associated neighborhoods, Roanoke is the 257th largest community in Texas. There's nothing like the smell of a brand new house, and in Roanoke, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Roanoke, and putting down their money on brand new construction. Roanoke’s real estate is, on average, some of the newest in the nation. Roanoke does seem to be experiencing an influx of affluent people, because the median household income is $113,171.00.
Roanoke real estate is some of the most expensive in Texas, although Roanoke house values don't compare to the most expensive real estate in the U.S.
Also of interest is that Roanoke has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 12.62% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Roanoke is a small city, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
Roanoke is one of the most well-educated cities in the nation. 45.02% of adults in Roanoke have at least a bachelor's degree. Compare that to the average community in America, which has just 21.84% with a bachelor's degree or higher.
The per capita income in Roanoke in 2022 was $52,378, which is wealthy relative to Texas and the nation. This equates to an annual income of $209,512 for a family of four. However, Roanoke contains both very wealthy and poor people as well.
Roanoke is an extremely ethnically-diverse city. The people who call Roanoke home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Roanoke residents report their race to be White, followed by Asian. Roanoke also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 23.19% of the city’s residents. Important ancestries of people in Roanoke include German, English, Irish, Italian, and French.
Roanoke also has a high percentage of its population that was born in another country: 17.89%.
The most common language spoken in Roanoke is English. Other important languages spoken here include Spanish and Langs. of India.