ZIP 24540 — Economy & Jobs

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Working ClassLow Snow Area

Income, employment, industries, and economic trends

Income & Economy in Danville city, VA (24540)

Median Income

$47,207

*Adjusted for inflation (2023 dollars)

IRS Net Migration

+1,777

Wealth inflow

Population

31,491

Unemployment

5.2%

1.5pp above US avg

IRS migration statistics show a net inflow of about 1,777 for ZIP 24540 (Danville city, VA) on US5’s published series — a signal of people/tax filers moving in relative to those leaving. Inflows often track job growth, housing demand, or lifestyle migration; treat the figure as a directional indicator rather than a precise headcount.

Economic Indicators

Unemployment

5.2%+39% vs US avg

Self-Employed

3.8%-38% vs US avg

SNAP Benefits

20.8%+78% vs US avg

737

Establishments

12,843

Employees

~17 per establishment — small businesses dominate

Healthcare

Top Industry

Economic Distributions

Census ACS 5-Year (P0): occupation, industry, household income brackets.

Occupation

Industry

Agriculture, forestry, mining0.3%
Construction5.4%
Manufacturing16.3%
Wholesale trade1.9%
Retail trade14.5%
Transportation, utilities4.3%
Information0.8%
Finance, insurance, real estate4.3%
Professional, scientific, management5.8%
Education, health care, social28.7%
Arts, entertainment, food services8.1%
Other services4.4%
Public administration5.2%

Household Income

Historical Trends in 24540 (2020–Present)

Since 2020, population grew 0.7%, median income rose 0.8% (inflation-adjusted), home values increased 5.0%.

Median Income

$47,207

-37% vs US avg

Unemployment Rate