Danville, KY is a small town with plenty of charm. It offers many family-friendly activities and attractions such as the Great American Doll Museum, Constitution Square State Park, and other local attractions. The cost of living in Danville is significantly lower than that of the national average. On average, 2 bedroom rentals will cost around $760 compared to $1,430 in the US. Grocery prices are also comparatively low with an index score of 96 compared to 100 in the US overall.
There are plenty of locally owned businesses located in Danville such as Darla's Bakery & Cafe, The Towne Square Mall, The Bistro on Main Street, Kentucky Candle Factory and many more. These offer an array of shopping options for locals and visitors alike. With its affordable rental rates and low grocery costs, Danville provides a great option for people looking to settle down or just take a break from city life.
Danville has an unemployment rate of 5.5%. The US average is 6.0%.
Danville has seen the job market increase by 0.5% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.
Tax Rates for Danville
- The Sales Tax Rate for Danville is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Danville is 7.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Danville
- The average income of a Danville resident is $21,588 a year. The US average is $28,555 a year.
- The Median household income of a Danville resident is $44,026 a year. The US average is $69,021 a year.