ZIP Code 24020

Roanoke, VA — income, home value, property tax, and sales tax.

Median household income
N/A
Per-capita income
$948
Median home value
$286,000
Property tax rate
0.85%
Combined sales tax
5.30%

In ZIP code 24020, near Roanoke, per-capita income stands at $948, which shapes how far each dollar has to stretch. County property taxes run at an effective rate of 0.85%, so a home's assessed value drives the annual bill directly. Sales tax adds 5.30% to most purchases made in the area. Together, these figures sketch a picture in which everyday spending carries a noticeable tax component while property levies stay tied to whatever a home is worth. Households here weigh income against both taxes when planning purchases or considering a move within the Roanoke area.