Roanoke is a medium-sized city located in the state of Texas. With a population of 10,798 people and three associated neighborhoods, Roanoke is the 257th largest community in Texas. Much of the housing stock in Roanoke was built relatively recently. The construction of new real estate can often be taken as an indication that the local Roanoke economy is robust, and that jobs or other amenities are attracting an influx of new residents. This seems to be the case in Roanoke, where 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.
As is often the case in a small city, Roanoke doesn't have a public transportation system that people use for their commute.
The education level of Roanoke ranks among the highest in the nation. Of the 25-and-older adult population in Roanoke, 45.02% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
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.
Foreign born people are also an important part of Roanoke's cultural character, accounting for 17.89% of the city’s population.
The most common language spoken in Roanoke is English. Other important languages spoken here include Spanish and Langs. of India.