Roanoke vs Concord for Families (2026)

2BR Rent / month
$1,550
Roanoke
$1,950
Concord
Median Home Price
$240K
Roanoke
$320K
Concord
Household Income / yr
$50K
Roanoke
$62K
Concord
State Income Tax
5.8%
Roanoke
4.5%
Concord

Scroll down for childcare estimates, home price-to-income ratios, and FAQ.

Full family cost breakdown

Metric
Roanoke
Virginia
Concord
North Carolina
Studio rent / month$950Better$1,200
2BR rent / month$1,550Better$1,950
Median home price$240KBetter$320K
Median household income$50K$62KBetter
Est. childcare / month$1,131Better$1,196
State income tax5.8%4.5%Better
Sales tax (combined)5.5%Better7.3%
Monthly utilities$155$152Better
Groceries index (US = 100)95Better96

Frequently asked questions

Which city is better for raising a family — Roanoke or Concord?

Roanoke and Concord are closely matched for families overall. Housing costs, income levels, and taxes are comparable. Your specific priorities — school quality, commute, outdoor space — should drive the decision.

What is the average 2-bedroom rent in Roanoke vs Concord?

As of Q1 2026, median 2BR rent is $1,550/month in Roanoke and $1,950/month in Concord. Roanoke is 21% cheaper for a family-sized apartment.

Can a family afford to buy a home in Roanoke or Concord?

The price-to-income ratio in Roanoke is 4.8× ($240K median home, $50K median income). In Concord it's 5.2× ($320K home, $62K income). A ratio below 3× is generally considered affordable — Roanoke is more achievable for first-time family homebuyers.

How much does childcare cost in Roanoke vs Concord?

Estimated infant/toddler childcare runs approximately $1,131/month in Roanoke and $1,196/month in Concord, based on national averages scaled by each city's cost-of-living index. Annual childcare cost difference: ~$780/year.

Which city has lower taxes for families?

Roanoke has a 5.8% state income tax rate vs Concord's 4.5% rate. For a dual-income family earning $120K combined, that difference is roughly $130/month in take-home pay.

Salary equivalent

$100K in Roanoke has the same purchasing power as $106K in Concord

Related comparisons

Childcare estimates based on national avg scaled by COL index · Data: Zillow, BLS, Numbeo, Tax Foundation · Q1 2026