Danville: Economy & Jobs

$44,423 is the median household income in Danville (about the same as Danville city median $44,423; 2.1× below Virginia median $93,170), with homes at a median value of $119,100. The surrounding county supports 24,837 jobs (avg $49,929).

Income & Affordability

Median household income $44,423 — below the Virginia median ($92,968). Poverty rate 24.7% (U.S. average ~12.5%). 36% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income2.7×
Affordability · Home Affordabilityaffordable
Affordability · Rent Pct Income21.8%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened36.2%
Affordability · Poverty Rate24.7%
Affordability · Property Tax Pct Income1.7%
Irs Income · IRS tax returns filed$17,830
Irs Income · Total Adjusted Gross Income (thousands)$864,705
Irs Income · Average AGI per return$48,497 (vs Virginia $92,983)
Irs Income · Year2022
Income Estimate$48,746
Median Household Income$44,423 (vs Virginia $92,968) median_household_income: 4 observations from 2026-04-23 to 2026-04-29
Poverty Rate24.7%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcemixed
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelworking-class
Economic Character · Median Income$44,423

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 3.0% — below the U.S. average of ~4%. 9% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min20.30
Commuter Profile · Work From Home Pct8.8%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)24,837
Employment · Total annual wages (county)$1,240,111,282
Employment · Average annual pay$49,929
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment3,981,130
Unemployment Rate3.0% (vs Virginia 2.9%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Business Patterns · Establishments (employer count)1,208
Business Patterns · Total Employees23,549
Business Patterns · Annual Payroll Thousands977,918
Business Patterns · Year2022

Sources: Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores15
Local Businesses · Convenience Stores13
Local Businesses · Liquor Stores5
Local Businesses · Gas Stations26
Local Businesses · General Merchandise22
Local Businesses · Clothing Stores10
Local Businesses · Electronics Stores6
Local Businesses · New Car Dealers8

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants55
Dining Scene · Fast Food66
Dining Scene · Coffee Snacks9

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (19)

Movement Bank
Movement Bank · 1296 Piney Forest Road · 24540
Carter Bank & Trust
58 EAST BRANCH · 140 Kentuck Rd · 24540
First-Citizens Bank & Trust Company
PIEDMONT DRIVE · 130 Collins Dr · 24540
First National Bank
DANVILLE MAIN BRANCH · 336 Main St · 24541
Wells Fargo Bank, National Association
DANVILLE BRANCH · 3346 Riverside Dr · 24541
Carter Bank & Trust
SOUTH MAIN BRANCH · 903 S Main St · 24541
Carter Bank & Trust
RIVERSIDE DRIVE BRANCH · 141 Westover Dr · 24541
Atlantic Union Bank
AMERICAN NATIONAL BANK BRANCH · 628 Main St · 24541
Bank of England
ENG LENDING · 708 Mount Cross Rd · 24540
First National Bank
KINGS FAIRGROUND PLAZA BRANCH · 2600 Riverside Dr · 24540
First National Bank
58 EAST AT AIRPORT BRANCH · 1312 S Boston Rd · 24540
First National Bank
MOUNT HERMON BRANCH · 4080 Franklin Tpke · 24540
Truist Bank
DANVILLE VA MAIN BRANCH · 125 Collins Dr · 24540
Woodforest National Bank
0928 DANVILLE WAL-MART BRANCH · 515 Mount Cross Rd · 24540
Atlantic Union Bank
NOR-DAN OFFICE · 239 Nor Dan Dr · 24540
Atlantic Union Bank
PIEDMONT DRIVE OFFICE · 445 Mount Cross Rd · 24540
First-Citizens Bank & Trust Company
BALLOU PARK BRANCH · 685 W Main St · 24541
Carter Bank & Trust
NORTH DANVILLE BRANCH · 3060 N Main St · 24540
First National Bank
BROSVILLE OFFICE BRANCH · 10370 Martinsville Hwy · 24541

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

OLD DUTCH SUPERMARKET #4
Supermarket · 2306 W Main St
Sheetz 306
Convenience Store · 3425 Riverside Dr
OLD DUTCH 3
Supermarket · 2402 N Main St
Food Lion 625
Supermarket · 540 Westover Dr
CVS PHARMACY 3793
Other · 1531 Piney Forest Rd
Nearest Snap · NameOLD DUTCH SUPERMARKET #4
Nearest Snap · Total In Area79

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameDANVILLE PITTSYLVANIA COUNTY CHAMBER OF COMMERCE INC

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$356,530,618
Federal Spending · Per Capita8,371.23 (vs Virginia $14,580)
Federal Spending · Population42,590 people (at Virginia median)

Sources: USAspending API

Other

Job Training · Total count1
Pct Drove Alone75.4%
Pct Public Transit0.9%
Pct Walked8.8%
Retirement Score · Median age40.4 years (vs Virginia 37.8y)
Retirement Score · Ss Household Pct38.3%
Retirement Score · Hospitals Nearby2
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, strong SS base, hospital access, VA nearby
Retirement Score · Ratingexcellent

Sources: IRS BMF keyword search · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12