B+

Roanoke, IN

Source:

Affordability Score: 77/100

Population: 6,396 · 1 ZIP codes

The affordability dashboard for Roanoke, IN aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 6,396 residents, then layers in county-level federal data to produce an overall grade of B+ (77/100). The headline inputs are median household income of $101,705, median home value of $303,700, median rent of $836 per month, and 41.6% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,113 per month (studio $892, 1BR $916, 3BR $1,381, 4BR $1,512).

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Roanoke, IN include income, rent. Unemployment currently reads 2.1% and poverty 5.4% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$101,705
Median household income
Education B
41.6%
Bachelor's degree or higher
Housing B-
3.0x
Home value $303,700 vs income
Commute B-
22 min
Average commute time
Rent A+
$1,113/mo
2BR fair market rent (13% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare N/A
N/A
Center-based infant care cost

Income & Employment

Median Income
$101,705
▲ 64% vs national
Per Capita Income
$53,518
Unemployment Rate
2.1%
Poverty Rate
5.4%

Housing

Median Home Value
$303,700
▲ 10% vs national
Median Rent
$836/mo
Owner Occupied
88.8%
2BR Fair Market Rent
$1,113/mo
▼ 7% vs national

Fair Market Rents by Bedroom

Studio
$892
1BR
$916
2BR
$1,113
3BR
$1,381
4BR
$1,512

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
41.6%
▲ 12 ppt vs national
High School+
68.1%
Median Age
40.7
Avg. Commute
22 min
▼ 4 min vs national

Childcare Costs

Infant (Center)
Toddler (Center)
Preschool (Center)
School-Age (Center)

What This Means

Roanoke, IN receives an overall affordability grade of B+ (77/100), aggregated from 1 ZIP codes with a total population of 6,396. This area performs well in income and rent. Data was unavailable for safety, childcare — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Roanoke ZIP Codes
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What are common questions about this dashboard?

Is Roanoke, IN affordable?
Roanoke, IN receives an overall affordability grade of B+ (77/100) based on Census, HUD, FBI, and DOL data. Median household income is $101,705. Median home value is $303,700.
What is the cost of living in Roanoke?
Key cost metrics: Median rent $836/mo. 2BR fair market rent $1,113/mo. Median home value $303,700.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →