Danville city, Virginia: commercial real estate data.
Danville city, Virginia had an estimated 41,993 residents on July 1, 2024, down 1.4 percent since the 2020 census base of 42,586, across 43 square miles. 1,227 establishments operate here, and the SBA record carries 32 7(a) approvals worth $31.3 m since FY2020.
Underlined figures are computed by MMCG Analytics, not published by the agency.
Danville city
How many people live in Danville city
- Population, American Community Survey 2020-202442,214
- Households19,066
- Average household size2.21
- Median household income$44,423
- Median age40.4
- Median gross rent$836 per month
- Median owner-occupied home value$119,100
- Home value to household income2.7 times
- Annual rent as a share of median income22.6 percent
- Adults 25 and over with a bachelor degree or higher19.6 percent
- Adults 25 and over with a graduate degree8.3 percent
- Adults 25 and over29,046
- Population under 189,526
- Share under 1822.6 percent
- Population 65 and over8,914
- Share 65 and over21.1 percent
- Working age population, 18 to 6423,774
- Civilian labor force18,161
- Unemployment rate5.6 percent
- Labor force participation, adults 18 and over55.6 percent
- Rank by population among Virginia independent cities42nd of 133
- Rank by population among US county-equivalents, Puerto Rico included1165th of 3,222
Danville city is the 42nd largest of 133 Virginia independent cities by population. A median home costs 2.7 times median household income, which is affordable by national standards. Residents under 18 outnumber those 65 and over, at 22.6 percent against 21.1 percent, a household formation profile rather than a retirement one.
US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Danville city
Is Danville city's population growing?
- Population, July 1, 202441,993
- Census 2020 base population42,586
- Population change since the 2020 census base-1.39 percent
- Population change, 2023 to 2024-115
- Births, 2024501
- Deaths, 2024783
- Natural change, 2024-282
- Net domestic migration, 202459
- Net international migration, 2024108
- Total net migration, 2024167
- Cumulative net domestic migration, 2021 to 2024497
- Rank by growth among US county-equivalents2325th of 3,144
The county has lost 1.39 percent of its population since the 2020 census base. Deaths exceeded births in 2024 by more than net migration added, so the population fell even though more people moved in than left.
US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
Danville city
Where are people moving to Danville city from?
- Tax returns filed by households arriving1,090
- People arriving, from those returns2,007
- Tax returns filed by households leaving1,115
- Net household movement-25
- Adjusted gross income arriving$42.8 m
- Net adjusted gross income movement$-16.1 m
- Average income of an arriving household$39,273
- Average income of a leaving household$52,849
- Largest single originPittsylvania County (339 households)
- Largest single destinationPittsylvania County (372 households)
| Origin | Households | People | Adjusted gross income |
|---|---|---|---|
| Pittsylvania County | 339 | 660 | $13.9 m |
| Guilford County | 63 | 122 | $2.0 m |
| Caswell County | 44 | 96 | $1.1 m |
| Rockingham County | 33 | 68 | $1.1 m |
| Halifax County | 30 | 50 | $809,000 |
| Henry County | 25 | 44 | $1.6 m |
Households arriving report $13,576 less average income than households leaving, which drains spending power even where headcount holds up. The largest single source of arrivals is Pittsylvania County, which is the catchment a retail or multifamily study should look at first.
US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Danville city
Employment by industry in Danville city
- Covered employment, annual average24,837
- Establishments reporting1,831
- Average annual pay$49,929
- Average weekly wage$960
- Health care and social assistance, employment4,826
- Health care and social assistance, average annual pay$52,749
- Manufacturing, employment3,803
- Manufacturing, average annual pay$75,570
- Retail trade, employment3,672
- Retail trade, average annual pay$30,713
- Accommodation and food services, employment3,360
- Accommodation and food services, average annual pay$25,871
- Other services, except public administration, employment861
- Administrative and support and waste management services, employment750
| Sector | Employment | Establishments | Average annual pay |
|---|---|---|---|
| Health care and social assistance | 4,826 | 760 | $52,749 |
| Manufacturing | 3,803 | 34 | $75,570 |
| Retail trade | 3,672 | 248 | $30,713 |
| Accommodation and food services | 3,360 | 144 | $25,871 |
| Other services, except public administration | 861 | 142 | $41,286 |
| Administrative and support and waste management services | 750 | 55 | $37,013 |
| Professional, scientific and technical services | 701 | 66 | $70,145 |
| Finance and insurance | 572 | 77 | $77,127 |
Health care and social assistance is the largest private sector at 4,826 jobs, 19.4 percent of covered employment.
US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
Danville city
How many businesses are in Danville city?
- Establishments, all industries1,227
- Employment at those establishments23,835
- Annual payroll$1.05 bn
- Establishments per 1,000 residents29.1
These are counts of establishments physically operating in the county, not listings, so they are the supply side a feasibility study measures demand against. County Business Patterns counts private establishments with paid employees in March 2023, while the Quarterly Census of Employment and Wages above counts every unemployment-insured employer, public ones included, as a 2024 annual average, so the two establishment and employment counts differ.
US Census Bureau, County Business Patterns, 2023.
Danville city
Building permits in Danville city
- Housing units authorized by permit, 202414
- Declared construction value permitted$1.6 m
- Single family units authorized14
- Multifamily units authorized0
- Multifamily share of units0.0 percent
- Average declared value per unit$116,143
- Units authorized per 1,000 households0.7
Single-family homes are 100.0 percent of units authorized, so the pipeline is predominantly single-family.
US Census Bureau, Building Permits Survey, 2024 annual.
Danville city
SBA loans in Danville city (7(a) and 504)
- 7(a) approvals recorded32
- 7(a) gross approval dollars$31.3 m
- Average 7(a) approval$977,966
- Median 7(a) approval$530,650
- 10th percentile approval$150,000
- 90th percentile approval$2,424,500
- Largest single approval$5,000,000
- Jobs reported supported, 7(a)545
- Jobs per approval17.0
- Distinct 7(a) lenders active19
- Distinct industries receiving approvals19
- Median 7(a) term125 months
- Share of loans on real estate terms, 240 months or longer40.6 percent
- Loans on real estate terms13
- Loans on working capital terms, 120 months or shorter14
- Franchise loans10
- Franchise share of approvals31.3 percent
- Leading industry by approval countHotels (except Casino Hotels) and Motels (6)
- 504 approvals recorded3
- 504 gross approval dollars$7.4 m
- Average 504 approval$2,468,667
- Median 504 approval$2,775,000
- Distinct CDCs active2
- 504 jobs per approval14.3
- 504 jobs per million dollars approved5.8
- Combined SBA approval dollars, 7(a) FY2020 to FY2026 and 504 FY2010 to FY2026$38.7 m
The average approval of $977,966 sits well above the median of $530,650, pulled up by a few larger deals, so the median is the better guide to what a typical borrower here gets. 40.6 percent of approvals run on real estate terms of 240 months or more, so this is a market where SBA credit is buying buildings, not just funding operations.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30. US Small Business Administration, 504 FOIA release, FY2010 to FY2026 year to date, as of 2026-06-30.
Danville city
SBA loan default and charge-off rates in Danville city
Do SBA loans in Danville city get paid back?
- Loans with a final outcome recorded6
- Paid in full6
- Charged off0
- Status: Paid in full6
- Status: Cancelled4
- Status: Exempt from disclosure21
- Status: Committed, not yet disbursed1
Only 6 loans have reached a final outcome, fewer than the 30 a charge-off rate needs, so no rate is published.
Compare against the national and state SBA charge-off rates, computed the same way over resolved loans only.
US Small Business Administration, 7(a) FOIA release, FY2020 to FY2026 year to date, as of 2026-06-30.
Danville city
How large is Danville city?
- Land area43 sq mi
- Rank by land area among Virginia independent cities103rd of 133
- Width, east to west10.9 mi
- Height, north to south7.1 mi
- Geographies sharing a boundary2
- Residents per square mile of land982
- Establishments per square mile28.53
US Census Bureau county boundary geometry, TIGER, adjacency computed from shared boundary vertices, TIGER county boundaries. US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year. US Census Bureau, County Business Patterns, 2023.
Danville city
Flood risk in Danville city
- Participation of the county's own NFIP community Danville, city ofParticipating, community 510044
- Communities in the county in the NFIP Community Status Book1
- Of those, participating in the NFIP1
- NFIP participation rate100.0 percent
- Communities carrying a CRS class0
- Radon levels in Danville city, EPA zone predicted average indoor radon screening level greater than 4 pCi/LZone 1
The county's own community in the status book, the City of Danville (community 510044), participates in the National Flood Insurance Program and carries no Community Rating System class, so no CRS premium discount applies there. The EPA places Danville city in radon zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. The zone is a screening prediction for the county and does not substitute for a test at an address. 100.0 percent of the county's listed communities participate in the National Flood Insurance Program, per Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26.
Federal Emergency Management Agency, NFIP Community Status Book (OpenFEMA), as of 2026-09-26. US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Coverage
What this page does not hold.
Traffic counts, zoning and the flood zone at an address are not on this page; they resolve at the address in the platform. How this page was built →
Feasibility studies
When a Danville city site needs a document a lender will accept.
The same data layer behind this page is the one the studies are written from. A study for a Danville city site starts with the figures you are reading, carrying the same source and period into the credit file.
- Population, American Community Survey 2020-202442,214
- Households19,066
- Average household size2.21
- Median household income$44,423
- Median age40.4
Common questions
Danville city questions, answered from the record.
How many people live in Danville city, Virginia?
The Census Bureau estimates 41,993 residents on July 1, 2024 (US Census Bureau, Population Estimates Program, Vintage 2024). The American Community Survey 2020-2024 five-year estimate is 42,214, in 19,066 households, ranking 42nd of 133 Virginia counties. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
Is Danville city's population growing?
The population has fallen 1.39 percent since the 2020 census base of 42,586, to 41,993 on July 1, 2024. In 2024 there were 501 births against 783 deaths, with net migration of 167. Source: US Census Bureau, Population Estimates Program, Vintage 2024, Vintage 2024, estimates 2020 to 2024.
What is the median household income in Danville city?
$44,423. The median owner-occupied home is valued at $119,100, which is 2.7 times income, and median gross rent is $836 per month. Source: US Census Bureau, American Community Survey 5-Year Estimates, 2020-2024 5-year.
How many businesses are in Danville city?
1,227 establishments, employing 23,835 people with an annual payroll of $1.05 bn. These are establishments physically operating in the county, not listings. Source: US Census Bureau, County Business Patterns, 2023.
What is employment by industry in Danville city?
Health care and social assistance is the largest private sector at 4,826 jobs, 19.4 percent of covered employment. Covered employment averages 24,837 jobs at an average annual pay of $49,929, or $960 a week. Source: US Bureau of Labor Statistics, Quarterly Census of Employment and Wages, 2024 annual averages.
How much SBA lending happens in Danville city?
32 7(a) approvals totaling $31.3 m since FY2020, across 19 lenders, with a median approval of $530,650, plus 3 504 approvals worth $7.4 m since FY2010. These are approvals recorded in the release, not loans disbursed.
How many building permits were issued in Danville city?
14 housing units were authorized by permit in 2024, with a declared construction value of $1.6 m. Multifamily was 0.0 percent of units. Source: US Census Bureau, Building Permits Survey, 2024 annual.
What is the radon zone for Danville city?
Zone 1, a predicted average indoor radon screening level greater than 4 pCi/L. Source: US EPA, Map of Radon Zones, county spreadsheet, 2024-05 publication, EPA 402/A-16/001.
Where do people moving to Danville city come from?
The largest single origin is Pittsylvania County, with 339 households. Arriving households report an average income of $39,273 against $52,849 for those leaving. Source: US Internal Revenue Service, Statistics of Income county migration flows, 2021 to 2022 filing years.
Are traffic counts available for Danville city on this page?
No. Annual average daily traffic resolves in the platform rather than in this dataset, so no AADT figure is printed here. It is a gap we know about rather than a figure we estimated.
Is zoning published for Danville city?
No. Nothing on this page presents parcel level zoning, and where a statutory framework applies it is marked as the statewide frame, to be confirmed locally.
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