Roanoke, VA · Virginia
Salem city
25,477 residents14 permits TTM$66,716 median HHI0 ZIP codesUpdated April 16, 2026
Investor first look
Median home value
$244,800
ACS 5-Year
Cap rate proxy
5.1%
FMR × 0.65 ÷ Home Value
Rent-to-income
18.8%
HUD FMR ÷ ACS HHI
Net migration
+2.78%
IRS SOI
Permits (TTM)
14
Census BPS
Climate risk
18.6
FEMA NRI (0–100)
Demographics
Owner-occupied
63.5%
Census ACS
Vacancy rate
8.6%
Census ACS
Bachelor's degree +
31.1%
Census ACS
Rent burdened
45.7%
Census ACS (>30% income)
Median age
40.3
Census ACS
U.S. Census Bureau — American Community Survey 5-Year Estimates
U.S. Census Bureau — Building Permits Survey
U.S. Department of Housing and Urban Development — Fair Market Rents / Small Area Fair Market Rents (SAFMR)
Internal Revenue Service — Statistics of Income Migration Data
FEMA — National Risk Index
Last updated: April 16, 2026