Danville, MN Economy


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Danville, MN is a small town in Minnesota with a population of approximately 2,100 people. Danville is known for its rural scenery and agricultural roots. The town boasts a variety of local businesses including Danville Country Store, LaCrosse Farms, and the Danville Bar & Grill. There are plenty of activities to enjoy such as fishing, hiking trails, skiing and snowmobile trails in the area. Rent for two bedroom apartments is quite affordable compared to other parts of the country at $870 per month; grocery prices are also relatively low at an index of 96 compared to the national average of 100. Overall, Danville offers a peaceful and relaxed atmosphere that appeals to many looking for a more rural lifestyle.

Danville has an unemployment rate of 3.9%. The US average is 6.0%.

Danville has seen the job market increase by 3.3% over the last year. Future job growth over the next ten years is predicted to be 37.2%, which is higher than the US average of 33.5%.

Tax Rates for Danville
- The Sales Tax Rate for Danville is 7.9%. The US average is 7.3%.
- The Income Tax Rate for Danville is 7.1%. 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 $27,727 a year. The US average is $28,555 a year.
- The Median household income of a Danville resident is $100,625 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDanville, MinnesotaUnited States
  3.96
  -3.4%-6.2%
  37.2%33.5%
  7.4%6.2%
  7.1%4.6%
  $49,388$37,638
  $100,625$69,021
  $110,625$85,028
  Population by Occupation
  27.8%1.2%
  0.0%0.5%
  5.3%6.8%
  9.0%10.0%
  3.0%2.5%
  7.5%11.0%
  3.8%4.8%
  2.3%0.8%
  2.3%1.9%
  1.5%4.7%
  0.0%1.9%
  0.0%7.6%
  0.0%0.1%
  0.0%4.2%
  15.8%9.3%
  17.3%14.0%
  0.0%2.1%
  0.0%7.0%
  3.8%4.8%
  0.8%4.7%
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