Roanoke City |
MSA |
Percent City of MSA |
Virginia |
Percent City of Va |
|
1992 |
$20,256 |
$20,950 |
96.7% |
$21,280 |
95.2% |
1993 |
$21,094 |
$21,940 |
96.1% |
$22,133 |
95.3% |
1994 |
$21,587 |
$22,590 |
95.6% |
$23,031 |
93.7% |
1995 |
$22,733 |
$24,003 |
94.7% |
$23,943 |
94.9% |
1996 |
$24,031 |
$25,085 |
95.8% |
$24,950 |
96.3% |
1997 |
$25,169 |
$26,182 |
96.1% |
$26,109 |
96.4% |
Price
Adjusted 1996 Real Per Capita Personal Income:
Virginia Rank by Real Income |
National Rank by Real Income |
Metropolitan Area |
Real Per Capita Personal Income |
Ratio of MSA Income to US Real Per Capita |
1 |
11 |
Roanoke |
$27,445 |
1.23 |
2 |
28 |
Richmond |
$26,188 |
1.19 |
3 |
30 |
Northern Virginia |
$25,818 |
1.16 |
4 |
106 |
Lynchburg |
$22,065 |
.99 |
5 |
117 |
Norfolk-Virginia Beach |
$21,636 |
.97 |
6 |
161 |
Bristol |
$20,443 |
.92 |
MEDIAN INCOME |
1989 |
|
Median Family |
$34,942 |
$43,425 |
Median Household |
$28,944 |
$35,971 |
Local
Economic Diversity:
Roanoke MSA |
Economic |
# of |
Percent |
Number |
TOTAL |
6,793 |
100% |
138,347 |
100% |
Agriculture |
119 |
1.8% |
944 |
.7% |
Government |
230 |
3.4% |
18,024 |
13.0% |
Manufacturing |
291 |
4.3% |
19,284 |
13.9% |
Mining |
10 |
.1% |
381 |
.3% |
Trade |
2,115 |
31.1% |
37,374 |
27.0% |
FIRE* |
626 |
9.2% |
9,074 |
6.6% |
Transportation |
264 |
3.9% |
6,801 |
4.9% |
Construction |
780 |
11.5% |
8,239 |
6.0% |
Services |
2,357 |
34.7% |
38,224 |
27.6% |
Cost
of Living:
City of Roanoke |
Category |
Composite Index |
93.2 |
Grocery Items |
93.6 |
Housing |
94.2 |
Utilities |
82.4 |
Transportation |
86.4 |
Health Care |
94.2 |
Miscellaneous |
96.7 |
Source: American Chamber of
Commerce Researchers Association (ACCRA) *Average index for the
United States = 100.