Economy in Danville, Virginia
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Economy
| Unemployment Rate | 11.10% | 9.10% |
| Recent Job Growth | 0.01% | -0.12% |
| Future Job Growth | 28.92% | 31.25% |
| Sales Taxes | 5.00% | 6.80% |
| Income Taxes | 5.75% | 6.25% |
| Income per Cap. | $20,250 | $27,067 |
| Household Income | $31,613 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 23.09% | 12.10% |
| Income between 15K and 25K | 17.65% | 10.18% |
| Income between 25K and 35K | 13.90% | 10.56% |
| Income between 35K and 50K | 14.94% | 14.98% |
| Income between 50K and 75K | 15.59% | 19.53% |
| Income between 75K and 100K | 7.12% | 12.52% |
| Income between 100K and 150K | 4.96% | 12.14% |
| Income between 150K and 250K | 0.99% | 3.91% |
| Income between 250K and 500K | 1.32% | 3.34% |
| Income greater than 500K | 0.44% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 9.08% | 13.81% |
| Professional and Related Occupations | 22.29% | 22.68% |
| Service | 17.54% | 14.51% |
| Sales and Office | 25.14% | 25.22% |
| Farming, Fishing, and Forestry | 0.21% | 0.68% |
| Construction, Extraction, and Maintenance | 8.21% | 9.37% |
| Production, Transportation, and Material Moving | 22.61% | 15.86% |
The unemployment rate in Danville, VA, is 11.10%, with job growth of 0.01%. Future job growth over the next ten years is predicted to be 28.92%.
Danville, VA Taxes
Danville, VA,sales tax rate is 5.00%. Income tax is 5.75%.
Danville, VA Income and Salaries
The income per capita is $20,250, which includes all adults and children. The median household income is $31,613.
Danville Economy SperlingViews
Not the ideal place for me..: Danville Virginia is an okay place to settle if you are white, make at least 40k/yr and want to live in a small quiet city where not much goes on. I am all of the above... (read more)Sounds great!: Justin, sounds like the perfect place to live! Conservative, absolute values, Bible believing community. I've visited Danville twice and one thing Justin failed to... (read more)Inexpensive: Having lived here with my parents since 1989, I have seen positive changes. First according to my parents, this is the lowest cost area they have lived in (Having lived... (read more)Have an opinion about Danville? Leave a commentTo See All SperlingViews for Danville Click Here