Located in the state of Virginia, Roanoke is a moderately-sized city with a population of 99,329 inhabitants. If you are not a fan of long commutes, you will enjoy living in Roanoke. With average one way commute time of only 20 minutes, getting to and from work is a breeze compared to the national average of 26 minutes.
Are you trying to decide if living in Roanoke is the right fit for your lifestyle? To ensure a fulfilling experience before relocating to any new city in Virginia, you will probably want to make sure that you check all of the most important boxes. Finding the best places to live in Roanoke and nearby areas is a much easier task when you can rely on information and data from the livability score, which includes cost of living, weather, education and other important metrics.
Roanoke has a livability score of 74 out of 100 and is ranked #191 in Virginia and #6,113 in the USA. If we consider each of the categories on their own, we see that Roanoke ranks well for amenities (A+), cost of living (B+) and education (A+). There is at least one category that you should be aware of in Roanoke. The following was graded with a less than perfect score: crime (F), employment (D) and housing (F).
Location, location, location - possibly the three most important words in your search for a new place to live. Fortunately, in Roanoke, there is no shortage of amazing local amenities and interesting things to do. Some of the interesting things to do and attractions include: Mill Mountain Star and Park, Virginia Museum of Transportation, and Mill Mountain Zoo.
Knowing that the Roanoke schools rank highly for test scores plays an important factor in deciding if this area is the right place to live. The average school test scores are 78%, which is far higher than the national average.
Certain items on your wish list like shopping, restaurants, nightlife and proximity to public transportation are all important factors to search for. Having said that, perhaps the most important metric to consider when contemplating a move to Roanoke is real estate affordability. Median real estate prices in Roanoke come in at $133,000, which is 46.5% lower than the Virginia average. The home price to income ratio compares the median home prices to the median household income. In Roanoke, the home price to income ratio is 3.4, which is 10.5% lower than the Virginia average. Purchasing your new home can come with many financial benefits, some of which are more lucrative than others. Perhaps the most notable benefit could be the appreciation of your new home. Home appreciation rates are a good way to generate tax-free equity on a long term basis. The year over year appreciation rates in Roanoke were 3.9%, and the 5 year appreciation rates came in at 2.1%.