Roanoke is a somewhat small city located in the state of Texas. With a population of 6,646 people and just one neighborhood, Roanoke is the 320th 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 $62,317.
Real Estate Prices
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.
Occupations and Workforce
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Roanoke is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Roanoke is a city of sales and office workers, professionals and service providers. There are especially a lot of people living in Roanoke who work in office and administrative support (18.52%), sales jobs (8.38%) and management occupations (7.56%).
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.
Of important note, Roanoke is also a city of artists. Roanoke has more artists, designers and people working in media than 90% of the communities in America. This concentration of artists helps shape Roanoke’s character.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 9.71% 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.
Setting & Lifestyle
As is often the case in a small city, Roanoke doesn't have a public transportation system that people use for their commute.