|
|
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% |
Source:
Bureau of Economic Analysis
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 |
Source:
Study by Gilbert R Yochum and Vinod B Agarwal, Old Dominion University
|
MEDIAN
INCOME |
|
1989 |
|
Median
Family |
$34,942 |
$43,425 |
|
Median
Household |
$28,944 |
$35,971 |
Source:
Bureau of the Census
Local
Economic Diversity:
|
Roanoke
MSA
Fourth
Quarter, 1997 |
Economic
Category |
#
of
Establishments |
Percent
of
Total |
Number
Employed |
|
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% |
*FIRE=Finance,
Insurance and Real Estate
Source: VEC
Cost of Living:
|
City
of Roanoke
Second
Quarter, 1999 |
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. |
