Home Affordability in 24011
Roanoke, VA — Roanoke City
The median home price in ZIP code 24011 (Roanoke) is $185,000 with a median household income of $42,000. The price-to-income ratio is 4.4x.
Median Home Price
$185,000
Median Income
$42,000
Price-to-Income
4.4x
Est. Affordable Home
$163,000
Property Tax Rate
0.86%
Annual Property Tax
$1,591
Cost of Living
88
Metro Area
Roanoke MSA
Down Payment Scenarios for ZIP 24011
| Down Payment | Amount | Loan Amount | PMI |
|---|---|---|---|
| 3% | $5,550 | $179,450 | Yes |
| 5% | $9,250 | $175,750 | Yes |
| 10% | $18,500 | $166,500 | Yes |
| 20% | $37,000 | $148,000 | No |
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