Zip Code

24016

City

Roanoke, VA

Population & Migration

What is the forecasted population for Zip code 24016 Roanoke, VA?

Population census 2020
8,912
Forecasted population 2025
9,809
10.1% vs. 2020
Forecasted population 2030
10,323
15.8% vs. 2020

Zip code 24016 Roanoke, VA population is forecasted to grow 10.1% by 2025 (5.4 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 9,809 people for 2025 zip code 24016 Roanoke, VA will generate a good demand for housing, which is expected to have a deficit of 825 houses for 2030. Vacancy rate is 7.0 points above national US average.

Total homes available 2020
5,208
Estimated total home demand in 2030
6,033
Total homes balance inventory
825

Average Household Income in zip code 24016 Roanoke, VA
from Internal Revenue Service

Average household income in 2021
$52,796

Affordability

Affordability Index
2

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 24016 Roanoke, VA?

County total number of drinking water violations

0

NaN%

0

County total number of drinking water contaminations

0

NaN%

0

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