ZIP Code 24016

In ZIP code 24016, which covers part of Roanoke, households earn a median of $46,512, while per-capita income reaches $34,754. A median home value of $119,700 pairs with a county property tax rate of 0.99%, so annual property taxes on such a home would run near $1,185. Sales tax across the area totals 5.30%, applying to everyday purchases. Together, these figures sketch a local cost picture shaped by moderate housing prices and income levels that sit below many larger metros, with the property tax rate and sales tax both factoring into what a household pays over a year.