24540 Danville, VA is a great place to live with its low cost of living and friendly atmosphere. Located in the heart of Virginia, the 2 bedroom rent in this region is only $850 compared to the US average of $1,430 which makes it much more affordable for many people. The grocery cost index is even more appealing here since it is 92 compared to 100 in the US. Several local companies make their home in this area such as Goodyear Tire & Rubber Company, Hanson Aggregates Mid-Atlantic LLC, and Amazon Fulfillment Centers. Not to mention all that 24540 Danville has to offer with its numerous restaurants and attractions making it an ideal place to live or visit.
Danville (zip 24540) has an unemployment rate of 7.9%. The US average is 6.0%.
Danville (zip 24540) has seen the job market decrease by -5.0% 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 (zip 24540)
- The Sales Tax Rate for Danville (zip 24540) is 5.3%. The US average is 7.3%.
- The Income Tax Rate for Danville (zip 24540) 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 (zip 24540)
- The average income of a Danville (zip 24540) resident is $24,951 a year. The US average is $37,638 a year.
- The Median household income of a Danville (zip 24540) resident is $40,496 a year. The US average is $69,021 a year.