Danville City, VA County is an ideal place for those looking to explore the culture and local attractions of Virginia. Located on the border of North Carolina and Virginia, it offers an array of activities from museums to outdoor recreation. It also boasts a vibrant business district with companies such as Dan River Inc., Danville Regional Medical Center, and SOVAH Health. Businesses in the city provide employment opportunities to many people and have been beneficial to the overall economy of the region. With its low cost of living, two-bedroom rent at only $790, and a grocery cost index below the US average at 93 compared to 100 in the US, Danville City is a great place to call home.
Danville City County has an unemployment rate of 7.9%. The US average is 6.0%.
Danville City County has seen the job market decrease by -0.8% over the last year. Future job growth over the next ten years is predicted to be 23.1%, which is lower than the US average of 33.5%.
Tax Rates for Danville City County
- The Sales Tax Rate for Danville City County is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Danville City County is 5.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Danville City County
- The average income of a Danville City County resident is $20,569 a year. The US average is $28,555 a year.
- The Median household income of a Danville City County resident is $38,904 a year. The US average is $69,021 a year.