Property Tax & Income in Danville city, Virginia
Danville city has an effective property tax rate of 0.65%. On the median home value of $119,100, that's roughly $774 per year. Median household income is $44,423.
What you'll pay, at a glance
Property taxes are the largest local tax most homeowners pay. The effective rate measures the real tax bill as a share of home value — a more useful number than the nominal “mill rate,” because assessment practices vary county to county.
| Metric | Danville city | Virginia (state context) |
|---|---|---|
| Effective property tax rate1 | 0.65% | 0.60% |
| Median home value1 | $119,100 | — |
| State income tax3 | top rate 5.75% | top rate 5.75% |
| State sales tax3 | 5.77% combined | 5.77% combined |
How this is calculated
The effective property tax rate is the median real-estate tax bill divided by the median home value — both for owner-occupied homes, from the U.S. Census Bureau's American Community Survey (ACS 5-year estimates)1. Median income is also from the ACS1. Federal and state income-tax figures use IRS2 and Tax Foundation3 data.
About Danville city, VA
In Danville city, Virginia, the median home value of $119,100 carries an annual property tax bill of about $774, based on an effective rate of 0.650%. Against a median household income of $44,423, that tax equals roughly 1.7% of yearly earnings. Per-capita income sits at $28,824, so the real-estate levy takes a larger bite from individual earnings than from household earnings. Virginia's statewide median effective rate is 0.601%, and Danville's 0.650% places it above that mark, ranking 53rd among the state's 133 counties. Nationally, the median effective rate is 0.794%, so Danville homeowners pay less than the countrywide figure. The relationship between a $774 bill and $44,423 in household income shapes how much room remains in local budgets after property taxes are settled each year.