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Danville

Learn about the people, housing, costs and businesses in Danville County

Median Home$118,858
Median Rent$846/month
Population42,214
Leading IndustriesPublic Administration · Finance & Insurance30% public administration
Home Value Growth⬆⬆+15.6% over 2 years
Family-Friendly23% of residentsnear the national average
Renters52% of occupied units
NotableAmenity Score85/100 · highly walkable area
NotableTransit68/100 · excellent transit access
Danville City
VA

Frequently Asked Questions

What are today's mortgage rates in Danville?

As of today, the 30-year fixed mortgage rate for Danville is approximately 7.137% (7.169% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Danville?

The median home value in Danville is $119k. The median monthly rent is $846. Annual property taxes average $748. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Danville?

Home values in Danville have increased 15.6% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Danville?

Based on a typical all-in ownership cost of $790/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $34k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Danville is $47k/year.

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What industries drive the economy in Danville?

The largest employment sectors in Danville are public administration (30%) and retail (14%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas