Cost of Living in Danville, VA
Population: 42,239 • 2026 Data
$42,778
Median Household Income
-45% vs national
$808
Median Monthly Rent
-40% vs national
$110,200
Median Home Value
-67% vs national
4.9%
Unemployment Rate
Housing in Danville
The median home value in Danville, VA is $110,200. Monthly rent for a typical unit averages $808, while total monthly housing costs (including utilities and insurance) average $776.
Rent-to-income ratio: 22.7%. This is within the recommended 30% threshold, suggesting housing is relatively affordable for median-income earners.
Income and Employment
The median household income in Danville, VA is $42,778. The unemployment rate stands at 4.9%, with a labor force of 17,661 people.
Data Sources
All data from the US Census Bureau American Community Survey 5-Year Estimates. National median figures used for comparison context.