Census ACS · ZIP Code Tabulation Area

24016 Income Statistics for 2026

Roanoke city, Virginia

Median household income

$46,512

Median household income ($46,512) is lower than Roanoke city County ($56,107).

24016$46,512
Roanoke city County$56,107
24014$70,381
24015$69,831
24011$54,986
24012$52,973
24013$51,290

Average household income

$72,107

Average household income ($72,107) is lower than Roanoke city County ($79,995).

24016$72,107
Roanoke city County$79,995
24014$129,349
24015$94,638
24011$82,447
24012$68,190
24013$64,020

Per-capita income

$34,754

Per-capita income ($34,754) is lower than Roanoke city County ($36,476).

24016$34,754
Roanoke city County$36,476
24014$61,484
24015$43,000
24011$63,422
24012$31,174
24013$22,183

Households earning $100k+

16.9%

Households earning $100k+ (16.9%) is lower than Roanoke city County (24.0%).

2401616.9%
Roanoke city County24.0%
2401436.0%
2401530.1%
2401124.1%
2401221.9%
2401319.6%

All demographics

Population
10,521
Households
4,994
Median age
32.7 yrs
Median household income
$46,512
Mean household income
$72,107
Per capita income
$34,754
Median home value
$119,700
Median gross rent
$966
Owner-occupied housing
21.3%
Bachelor's degree or higher
28.4%
In labor force
66.7%
Poverty rate
22.5%
Households earning $100k+
16.9%
Population under 5
8.8%
Population age 18–34
27.2%
Population age 25–44
33.6%
Population age 45–64
19.6%
Population age 65+
13.4%
Hispanic or Latino
4.3%
Black (non-Hispanic)
44.9%
Asian (non-Hispanic)
3.3%
Unemployment rate
7.8%

County and peer ZIP comparisons use population-weighted aggregates from other ZCTAs in the same county. Source: US Census Bureau ACS 5-year estimates. Page URL: https://resource.skyrocketbpo.com/tools/market-research/us-income-demographics-by-zip-code/virginia/24016

Link to this page

Permanent URL backed by Census ACS data in PocketBase.

Context & methodology

About ZIP 24016 income statistics ($46,512 median)

ZIP Code Tabulation Area 24016 in Virginia is defined by the U.S. Census Bureau for statistical reporting. It closely matches USPS ZIP code 24016 but may differ slightly at edges — use these ACS figures as demographic benchmarks, not exact postal boundaries.

An estimated 10,521 people live in this ZCTA. Median household income here ($46,512) is lower than Roanoke city County ($56,107). Operators sizing a local market often pair median income with mean income ($72,107) and the share of households earning $100k+ to gauge both typical and upscale demand.

The neighboring ZIP comparison table above lists adjacent ZCTAs with their own ACS estimates. Large gaps between adjacent ZIP codes are common — a few miles can separate very different income profiles, which matters for retail trade areas, service radius, and competitive positioning.

Small-area ACS estimates carry wider margins of error than state or county totals. The Census Bureau publishes guidance on interpreting confidence intervals (linked below). When a figure is critical to your analysis, download the underlying table from data.census.gov and review the margin of error column before citing it in a business plan or press release.

Data vintage: Census ACS 2024 5-year estimates (published 2026). Tables: B19013 (median HH income), B19001 (distribution), B19049 (income by age of householder).

Authoritative sources & further reading

Primary government data and reference pages for verifying and extending this analysis.

Related market research tools

Combine ZIP-level income with these free Resource tools for fuller market pictures.

All ZIP codes·Virginia·ZIP codes in Roanoke city