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Roanoke town, Indiana Demographics & Population 2026

Very AffordableHome value to income ratio of 2.3x is exceptionally low

As of 2026, Roanoke town, Indiana has a total population of 1,819, the 245th largest city in Indiana, with a median household income of $72,880, which is 4% higher than the state average. The poverty rate is 8.1%.

Key Takeaways

Roanoke town Quick Facts

Population 1,819
Median Household Income $72,880
Median Home Value $168,600
Poverty Rate 8.1%
Unemployment Rate 4.9%
Median Age 39.6 years
Homeownership Rate 83.0%
Affordability Ratio 2.3x
Bachelor's Degree or Higher 25.5%
High School Graduation Rate 95.2%
Diversity Index 14/100
Population 1,819 245th of 967
Median Income $72,880 above average
Poverty Rate 8.1% 35% lower national
Median Home Value $168,600 above average

How Roanoke town Compares

Economy & Housing

Employment

4.9% Unemployment Rate State: 4.3% | National: 5.2%
67.1% Labor Force Participation

Housing Overview

Owner 83.0%
Renter 17.0%
Affordability Index Very Affordable
2.3x home value to income ratio

People & Demographics

Diversity Index

14out of 100
Very Low Diversity

A less diverse community where one racial or ethnic group represents a large majority.

State average: 40 | National average: 60

Education

Roanoke town Rankings in Indiana

#245 Population of 967
#256 Median Income of 967
#211 Education of 967
#283 Home Value of 967

Cities Similar to Roanoke town

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Bourbon town1,816$71,375$156,80023.1%11.0%
Henryville CDP1,804$77,440$190,20017.2%9.3%
Haubstadt town1,754$72,104$220,00026.3%4.5%
Hamilton town1,849$66,884$265,60020.2%8.2%
Frankton town1,789$64,500$120,20012.8%11.0%

Population Overview

Roanoke town is a small community located in Indiana. The total population is 1,819. It ranks as the 245th most populous out of 967 cities and towns in Indiana.

Age Demographics

The median age in Roanoke town is 39.6 years. This is 4% higher than the state median of 38.0 years.

Economy, Income & Housing

The median household income in Roanoke town is $72,880. This is 4% higher than the state median of $70,051. Compared to the national median of $78,538, household income here is 7% lower. The poverty rate stands at 8.1%. This is 34% lower than the state poverty rate of 12.2%. The unemployment rate is 4.9%. This is 14% higher than the state rate of 4.3%. The median home value is $168,600. Housing costs are 16% lower than the state median of $201,600. With a home-value-to-income ratio of just 2.3x, Roanoke town is one of the most affordable housing markets in the area. 83.0% of occupied housing units are owner-occupied. This homeownership rate is 18% higher than the state average of 70.3%.

Race & Ethnicity

Roanoke town has a predominantly White (non-Hispanic) population, comprising 92.8% of all residents. Hispanic or Latino residents account for 2.0%. The Black or African American population (0.5%) is well below the state average of 9.1%. The Hispanic or Latino population (2.0%) is well below the state average of 8.4%. The Asian population (0.4%) is well below the state average of 2.5%.

Education

25.5% of residents aged 25 and older hold a bachelor's degree or higher. This is 11% lower than the state rate of 28.8%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.2%.

Data Sources & Methodology

All demographic data for Roanoke town, Indiana is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Indiana state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 967 Census-designated places in Indiana. For official data, visit data.census.gov.

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Frequently Asked Questions

What is the population of Roanoke town, Indiana?

Roanoke town, Indiana has a population of 1,819 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Roanoke town, IN?

The median household income in Roanoke town is $72,880, which is 7% lower the national median of $78,538.

What is the poverty rate in Roanoke town, IN?

The poverty rate in Roanoke town is 8.1%. This means approximately 147 residents live below the federal poverty line.

What is the racial makeup of Roanoke town, Indiana?

Roanoke town's population is 92.8% White, 0.5% Black, 2.0% Hispanic/Latino, and 0.4% Asian.

What is the median home value in Roanoke town, IN?

The median home value in Roanoke town is $168,600. The home-value-to-income ratio is 2.3x.

How educated is Roanoke town, Indiana?

25.5% of adults (25+) in Roanoke town hold a bachelor's degree or higher, and 9.3% hold a graduate or professional degree.