ZIP Code 24011 — Roanoke city, VA Demographics & Data

ZIP code 24011 covers Roanoke, VA in Roanoke city with a population of about 789.

At a glance, the area shows median age of 30.5 versus a U.S. median of about 38.9.

It sits in telephone area codes 540, 826; U.S. House district VA-6; the ROANOKE - LYNCHBURG media market.

Roanoke, VA sits in a university / college context (near virginia western community college (2.5 mi)). Expect stronger interest in student housing, rentals, walkability, transit, and a younger adult age mix versus typical suburban ZIPs.

Median household income in ZIP 24011 is about $55,882 — about 26% below the U.S. median ($75,149).

On socioeconomic markers, US5 shows a poverty rate of 9.1%; unemployment rate near 1.5%; 82.5% of adults with a bachelor’s degree or higher (about 48.8 points above the national share (33.7%)).

Labor and commute patterns include leading industry context around Professional services, Retail trade, and Healthcare; about 23.7% of workers reporting work-from-home (about 8.5 points above the U.S. share (15.2%)); a mean commute of about 180.0 minutes (U.S. average near 26.8).

Median home value is about $839,300 — about 141% above the U.S. median home value ($348,079).

Housing tenure and rents show median gross rent around $1,018 (about 12% below the U.S. median rent ($1,163)), and owner-occupancy near 7.0% (about 58.5 points below the national owner-occupancy rate (65.4%)).

To comfortably buy a median-priced home in ZIP 24011 in Roanoke, VA, a household would need roughly $231,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $5,391. That is about 313% above the local median household income ($55,882), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Climate normals for Roanoke city, VA show little to no average snow and around 42.8 inches of annual precipitation.

IRS migration statistics show a net inflow of about 45 for ZIP 24011 (Roanoke city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.