Danville city, Virginia
Income Data
At a Glance
How Danville city Compares
Detailed Income Statistics
Data Story
About Household Income in Danville city, Virginia
Danville falls well below national income average
Danville's median household income of $42,778 sits 43% below the national median of $74,755. This significant gap reflects economic challenges facing many post-industrial communities across the country.
Among Virginia's lower-income communities
Danville ranks substantially below Virginia's state median of $74,957, trailing by nearly $32,000 per household. The city's per capita income of $27,537 also lags the state average of $39,155 by about 30%.
Danville versus surrounding areas
Danville's income of $42,778 places it alongside Dickenson County ($43,831) as one of the region's lowest-earning areas. Nearby Essex County residents earn $56,481—about 32% more—suggesting significant economic variation across Virginia's communities.
Housing costs are manageable but tight
Danville's rent-to-income ratio of 22.7% falls within affordable range, meaning renters spend roughly a quarter of income on housing. However, with low median income, residents have limited margin for unexpected expenses or saving for future goals.
Building savings creates security and opportunity
Even modest regular contributions to savings or retirement accounts can compound significantly over time. Consider speaking with a financial advisor about accessible savings plans that fit your budget—small steps today build long-term financial resilience.
Frequently Asked Questions
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Income Comparison Calculator
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County median: $42,778 per year
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vs. State Average
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vs. National Median
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Compare RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.