Every year, a large number of individuals visit Roanoke, Texas for a variety of reasons. Roanoke is a fantastic area to live and work no matter which stage of life you are in, whether you are single, in a marriage, raising a family, or downsizing in retirement. Part of the Dallas-Fort Worth Metroplex, this Texas community is home to just 10,500 people and sits in Denton County.
Let’s take a look at five reasons why people are attracted to living in Roanoke, TX.
Unemployment Rate is Low
The unemployment rate in Roanoke is 3.1 percent, which is lower than the national average of 4%. Over the previous year, the employment market has grown by more than 3%, with projected job growth expected to reach 50% over the next ten years, far greater than the US average of 33%. Roanoke inhabitants have an average annual income of $31,000, which is more than the national average of $28,000.
It’s a Good Time to Buy a Home
Roanoke’s housing costs are 18% cheaper than the national average, while utility costs are 5% lower than the national average. It is now is a great time to buy real estate in Roanoke, with home values up about 7.2% when compared to the previous year. The typical property price in this neighborhood is $225,000. The charming neighborhoods, excellent educational system, and proximity to local attractions make this an excellent spot to call home.
Easy Access to Major Cities
Transportation costs, such as bus fares and petrol prices, are 13% cheaper than the national average. The simple commute into Dallas and Fort Worth compensates. You spend significantly less for properties in the suburbs than in the metropolis, but your trip into Dallas or Fort Worth is only about a half an hour. Adventure is closer than you think with your next excursion.
While adjacent Dallas and Fort Worth offer plenty of entertainment opportunities, there is much to keep you engaged right in Roanoke. For those who enjoy amusement parks, there is Hawaiian Falls Roanoke (a water and amusement park). Other destinations include Canon Parkway Park, Roanoke Visitor Center and Museum, DFW Adventure Park, Marshall Creek Ranch, and Cinnamon Creek Ranch. There are also many attractions and sightseeing opportunities such as early festivities and events, farmer’s markets, shops and boutiques, and a diverse selection of eateries.
Location is Convenient
Roanoke’s advantageous location on Highways 114 and 377 provides rapid access to numerous significant areas.
When it comes to visiting other cities and states, Roanoke is in an ideal position. If you reside in Roanoke, you can reach two-thirds of the US population in an 8-hour trip. It’s five hours from Atlanta, Georgia, 7.5 hours from New York, 4.5 hours from Washington, D.C., 3.5 hours from Charlotte, North Carolina, and a six-hour journey from Pittsburgh, Pennsylvania. Radford University, Virginia Polytechnic Institute & State University, Virginia Western Community College, Patrick Henry Community College, Hollins University, Roanoke College, Virginia Tech, and more institutions of higher learning are also nearby.