24016 ZIP Code – Roanoke, Virginia

24016 is a mid-sized ZIP code in Roanoke, Virginia, part of Roanoke city with a population of approximately 9,605 residents. At $40,664, the median household income here runs well below the Virginia average and well below the U.S. average. Median home values of $111,600 are well below the national average, with 21.3% owner-occupied housing (decreasing). ; median rent of $919 is similarly below the national average. Housing consists of 39% single-family (decreasing), 40% apartments (increasing), 21% duplex/multi-family.

Unemployment stands at 5.9%, which is above the U.S. rate. About 31.7% of residents live below the poverty line, well above the national rate. About 26.4% of residents have completed a four-year degree, near the national rate. The median age is 32.8, below the national median. ZIP codes in the surrounding area include 24011, 24022, 24015.

ZIP Code 24016 Data

Population 9,605
Median Household Income $40,664
Median Home Value $111,600
Median Rent $919
Median Age 32.8
Unemployment Rate 5.9%
Poverty Rate 31.7%
Bachelor's Degree or Higher 26.4%
County Roanoke city
State Virginia

ZIP 24016 vs. Virginia vs. U.S.

MetricZIP 24016VA Avg.U.S. Avg.
Population9,6059,76610k
Median Household Income$40k$80k$73k
Median Home Value$111k$296k$258k
Median Rent$919$1,227$1,088
Median Age32.844.543.2
Unemployment Rate5.9%4.3%5.0%
Poverty Rate31.7%11.6%13.3%
Bachelor's Degree or Higher26.4%29.9%26.9%

Demographics Charts

Race & Ethnicity

Gender

Education Level (adults 25+)

Nearby ZIP Codes

Nearby ZIP Code Comparison

ZIP Code City Population Median Income
24011 ROANOKE 723 $59,700
24022 ROANOKE Not provided Not provided
24015 ROANOKE 16,074 $67,295
24013 ROANOKE 7,925 $51,858
24017 ROANOKE 23,756 $43,097