Roanoke, IN
Population 1,819 · Indiana
About Roanoke, IN
Roanoke is a small community in Indiana with a population of 1,819 residents. The median household income is $72,880 per year, which is above the national average. The median age in Roanoke is 39.6 years.
Housing in Roanoke has a median home value of $168,600 and median monthly rent of $790. Of the 902 total housing units, the majority are owner-occupied, with 690 owner-occupied and 141 renter-occupied units.
The unemployment rate in Roanoke is 4.9% and the poverty rate is 8.1%. 25.5% of residents hold a bachelor's degree or higher. The average commute time is 28.7 minutes.
Cost of Living in Roanoke, IN
Compared to national averages, Roanoke has a median household income of $72,880 (3% below the national median of $75,149). Home values average $168,600, which is 31% below the national median. Monthly rent at $790 is 32% below the US average of $1,163. Within Indiana, Roanoke's income is 5% above the state average of $69,330, and home values are 3% above the state median of $163,409.
Why Live in Roanoke, IN?
Roanoke offers affordable housing with a median home value of $168,600, below the US average of $244,900, and rent that’s lower than the national average at $790/month, and a low poverty rate of 8.1%, better than the national average.
Potential considerations include median household income ($72,880) that falls below the national average. However, Roanoke’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Roanoke has a population of 1,819 with a median age of 39.6 years. Compare Roanoke with other cities to see how it stacks up, or explore all cities in Indiana.
Similar Cities Near Roanoke
Cities in Indiana with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Argos | 1,822 | $60,214 | $128,100 | Compare |
| Bourbon | 1,816 | $71,375 | $156,800 | Compare |
| Dillsboro | 1,809 | $46,591 | $137,700 | Compare |
| Ardmore | 1,807 | $45,709 | $113,300 | Compare |
| Henryville | 1,804 | $77,440 | $190,200 | Compare |
| North Liberty | 1,838 | $61,143 | $157,100 | Compare |
| French Lick | 1,790 | $54,412 | $79,600 | Compare |
| Frankton | 1,789 | $64,500 | $120,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Indiana
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Roanoke
What is the population of Roanoke, IN?
The population of Roanoke, IN is 1,819 according to the latest Census data.
What is the median household income in Roanoke?
The median household income in Roanoke, IN is $72,880 per year.
What is the median home value in Roanoke?
The median home value in Roanoke, IN is $168,600.
What is the average rent in Roanoke?
The median monthly rent in Roanoke, IN is $790.
What is the unemployment rate in Roanoke?
The unemployment rate in Roanoke, IN is 4.9%.