Virginia · Census, HUD and BEA figures · Updated

Cost of Living in Danville city, VA

Prices around Danville city, VA run 1.1% above the U.S. average (BEA, Virginia). The typical household there earns $44,423 a year, and HUD puts a two-bedroom at $914 a month. Keeping that rent under 30% of income takes about $36,560 a year.

Danville city, VA at a glance

Median household income

$44,423$3,702 per month · U.S. Census Bureau ACS 5-Year
2-bedroom rent$914HUD FY2026 Fair Market Rent
Price level (U.S. = 100)101.1+1.1% · BEA, Virginia
Electricity17.2¢per kWh · EIA Residential VA
Population42,214Census ACS 5-year estimate

How much rent can you afford in Danville city, VA?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$914Monthly market rent
Share of gross income24.7%Recommended max: 30%
Annual income needed$36,560To meet the 30% standard
Max affordable rent$1,111At 30% of $44,423
0%30% (Affordability standard)100%
Compare against:

How much is rent in Danville city, VA? By bedroom, 2026

HUD's fiscal 2026 Fair Market Rents for Pittsylvania County-Danville city, VA HUD Nonmetro FMR Area, with the income each one takes if rent stays under 30% of it.

HUD Fair Market Rent in Danville city, VA, fiscal 2026
Unit SizeMonthly RentAnnual Rent30% Rule Min. Income% of Median Income
Studio / Efficiency$630$7,560$25,20017%
1-Bedroom Apartment$738$8,856$29,52019.9%
2-Bedroom ApartmentBenchmark$914$10,968$36,56024.7%
3-Bedroom Home$1,263$15,156$50,52034.1%
4-Bedroom Home$1,415$16,980$56,60038.2%

Rent in Danville city, VA, with the wage each unit needs →

What a typical income covers in Danville city, VA

The 50/30/20 rule applied to the local median of $44,423 a year ($3,702 a month before tax).

Needs (50%)$1,851/moRent ($914 2-BR), utilities (~$155/mo), groceries, transit
Wants (30%)$1,111/moEating out, travel, subscriptions and the rest
Savings and debt (20%)$740/moEmergency fund, retirement, paying down loans

What $44,423 leaves after Virginia taxes

Federal income tax, Social Security, Medicare and Virginia tax on the local median income. Change the salary to see yours.

$44,423
$15,000$90,000
Filing status:
Gross salary breakdown$44,423
Net 81%
Fed 7%
VA 4%
FICA 8%
Annual take-home$36,134After all taxes
Monthly deposit$3,011Estimated per month
Biweekly paycheck$1,390Every 2 weeks (26/yr)
Effective tax rate18.7%Total tax burden
Federal income tax$3,151 / yr
Virginia state income tax$1,740 / yr
FICA (Social Security & Medicare)$3,398 / yr

Living in Danville city, VA: common questions

What is the median household income in Danville city, VA?

According to the latest U.S. Census Bureau ACS 5-Year survey, the median household income in Danville city, VA is $44,423 per year (approximately $3,702 per month).

What is the average rent in Danville city, VA?

The closest official figure is HUD's Fair Market Rent for 2026: $630 for a studio, $738 for one bedroom, $914 for two, $1,263 for three and $1,415 for four, utilities included.

It is not an average of listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so a new lease on a nicer place will usually cost more.

Is Danville city, VA expensive to live in?

Prices there run 1.1% above the U.S. average. BEA's regional price parity for Virginia is 101.1, where the U.S. is 100. Rent moves the number most: housing is where places differ, while goods cost about the same everywhere.

How much do you need to earn to comfortably afford rent in Danville city, VA?

To keep a $914 two-bedroom under 30% of gross income, a household needs about $36,560 a year, or $3,047 a month. That is 82% of what the typical household in Danville city, VA earns.

How much do you need to live comfortably in Danville city, VA?

On the local median income of $44,423 ($3,702 a month before tax), the 50/30/20 rule leaves $1,851 a month for needs like rent, utilities and groceries, $1,111 for everything else and $740 for savings or debt. A two-bedroom at $914 takes 49% of the needs share.

How much is the electric bill in Danville city, VA?

Homes in Virginia paid 17.2¢ per kWh on average (EIA). At 900 kWh a month, a typical use, that is about $155. Your bill depends mostly on heating and cooling.