Danville, VT is a quaint and picturesque town located in the Northeast part of the state. It is known for its stunning landscapes, family friendly atmosphere, and excellent schools. Popular local companies include Danville Bakery, Danville Dairy, and Vermont Hardwoods. The cost of living in Danville is slightly cheaper than the United States as a whole with rent for a two bedroom apartment at $960 compared to an average of $1,430 in America. Grocery costs are also lower with an index of 106 compared to the national index of 100. This makes it an attractive place for people looking for a peaceful spot in nature that won’t break their budget.
Danville has an unemployment rate of 2.8%. The US average is 6.0%.
Danville has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower 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 6.8%. 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 $29,480 a year. The US average is $28,555 a year.
- The Median household income of a Danville resident is $62,617 a year. The US average is $69,021 a year.