Mount Hermon, VA

Full City Profile · Virginia · Danville city County

4.2 /5.0
A Great
4,326 Population 768/sq mi density
$82,986 Median Income $39,474 per capita
$191,400 Home Value $193,096 Zillow
$1,180 Median Rent 19.3% income on rent
58°F Avg Temperature
A
Overall
4.2 / 5.0
Strong
A
Economy
4.3 / 5.0
$82,986 median income, 4.6% unemployment
A+
Affordability
5.0 / 5.0
$191,400 home value, $1,180/mo rent
B
Education
3.3 / 5.0
28.4% bachelor's degree or higher

Income Overview

Median Household Income
$82,986
10% above
US avg: $75,149
Per Capita Income
$39,474
1% above
US avg: $39,052
Unemployment Rate
4.6%
28% above
US avg: 3.6%
Poverty Rate
3.7%
70% below
US avg: 12.4%

Income Comparison: Mount Hermon vs. U.S. Average

Each bar shows Mount Hermon’s value as a percentage of the national average (100% line = U.S. avg)

Median Household
US: $75,149
$82,986
110%
Per Capita
US: $39,052
$39,474
101%
IRS Avg AGI
US: $72,000
$48,497
67%
Avg Weekly Wage
US: $1,432
$960
67%
Thin line = U.S. average (100%)

Employment & Commute

Avg Weekly Wage
$960
33% below US avg ($1,432)
Mean Commute Time
22 min
22% below US avg (28 min)
Work From Home
10.6%
30% below US avg (15.2%)
Drive Alone
81.2%
11% above US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)

How Residents Get to Work

Drive Alone 81.2%
Public Transit 0%
Work From Home 10.6%
Other 8.2%
Average commute time
22 minutes
US avg: 28 min

Business Landscape

Total Establishments
1,831
Restaurants
154
Healthcare
180
Retail
279
Manufacturing
35

Tax & Financial

IRS Avg Adjusted Gross Income
$48,497
33% below US avg ($72,000)
Avg Property Tax
$2,464
30% below US avg ($3,500)
Cost of Living Index
101.1
Above national average (100 = US avg)

Complete Economy Data

Income & Wages

Median Household Income$82,986
Per Capita Income$39,474
IRS Avg Adjusted Gross Income$48,497
Avg Weekly Wage$960

Hardship Indicators

Unemployment Rate4.6%
Poverty Rate3.7%
Gini Coefficient0.494
Cost of Living Index101.1

Commute

Mean Commute22 minutes
Drive Alone81.2%
Public Transit0.0%
Work From Home10.6%

Businesses

Total Establishments1,831
Restaurants154
Healthcare180
Retail279
Manufacturing35

Tax

IRS Avg AGI$48,497
Avg Property Tax$2,464