Danville, VA Metro Area is a great place to live and work. It offers many amenities that make it attractive to all types of people. The rent for a two bedroom apartment is $790, which is significantly lower than the US average of $1,430. Grocery cost also remains relatively low in the area with an index rating of 94 versus the US average of 100. Danville has several large corporations such as PepsiCo, Advance Auto Parts, and Unifi Incorporated with offices in the area, while smaller businesses like Twine Solutions and BriteSmart provide more local opportunities.
Danville Metro Area has an unemployment rate of 6.2%. The US average is 6.0%.
Danville Metro Area has seen the job market increase by 0.1% over the last year. Future job growth over the next ten years is predicted to be 23.5%, which is lower than the US average of 33.5%.
Tax Rates for Danville Metro Area
- The Sales Tax Rate for Danville Metro Area is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Danville Metro Area 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 Metro Area
- The average income of a Danville Metro Area resident is $21,192 a year. The US average is $28,555 a year.
- The Median household income of a Danville Metro Area resident is $43,931 a year. The US average is $69,021 a year.