24012 ZIP Code Profile, Map, Data & Demographics

ZIP Code Type: STANDARD
County: Roanoke City County
Centroid: Latitude 37.307, Longitude -79.94
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 24012 has segments in 3 Counties / Independent Cities (Botetourt, Roanoke, Roanoke City).

Businesses Addresses: 1,260
PO Box Addresses: 0
Residential Addresses: 13,485

Multi-Family Addresses: 1,990
Single Family Addresses: 11,495

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2022, Maps updated: August 12, 2022.

Roanoke, VA 24012 Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	31,135 (100%)
Population in Households	30,772 (98.8%)
Population in Families	22,717 (73.0%)
Population in Group Quarters¹	363 ( 1.2%)
Population Density	1,451
Diversity Index²	68


INCOME
Median Household Income	$51,452
Average Household Income	$68,591
% of Income for Mortgage⁴	18%
Per Capita Income	$29,457
Wealth Index⁵	52

HOUSING
Total HU (Housing Units)	14,290 (100%)
Owner Occupied HU	7,551 (52.8%)
Renter Occupied HU	5,687 (39.8%)
Vacant Housing Units	1,052 ( 7.4%)
Median Home Value	$170,615
Average Home Value	$215,128
Housing Affordability Index³	140

HOUSEHOLDS
Total Households	13,238
Average Household Size	2.32
Family Households	7,672
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Roanoke, VA 24012 - Peer Comparisons by Rank and Percentile

The table below compares 24012 to the other 868 ZIP Codes in Virginia by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.71%	0.00%
Households	0.74%	0.04%
Families		-0.07%
Median Household Income		1.92%
Per Capita Income		3.06%
Owner Occupied HU		0.40%

Variable Description	Rank	Percentile
Total Population	# 94	89th
Population Density	# 147	83rd
Median Household Income	# 647	26th
Housing Affordability Index	# 507	58th
Per Capita Income	# 621	29th
Diversity Index	# 114	87th

24012 ZIP Code Profile, Map, Data & Demographics

ZIP Code 24012: Basic Data & USPS Preferred City Name

Roanoke, VA 24012 Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Roanoke, VA 24012 - Peer Comparisons by Rank and Percentile

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