Danville, AR is a lovely small town located in the northwest corner of Arkansas. It offers plenty of local companies such as Danville Farm Supply, Copeland Property Services, and C & M Automotive Repair. There are many great amenities available in Danville including shopping centers, parks, schools, restaurants, and entertainment venues. Visitors can enjoy attractions such as the Fort Smith National Historic Site or the Ozark National Forest. The cost of living in Danville is quite reasonable with rent for a two bedroom averaging $740 per month whereas the US average for 2 bedroom rent is $1,430 per month. Additionally the grocery cost index in Danville is 94 versus 100 in the US which makes buying groceries more affordable than the national average.
Danville has an unemployment rate of 4.6%. The US average is 6.0%.
Danville has seen the job market decrease by -5.8% over the last year. Future job growth over the next ten years is predicted to be 14.9%, which is lower than the US average of 33.5%.
Tax Rates for Danville
- The Sales Tax Rate for Danville is 8.4%. The US average is 7.3%.
- The Income Tax Rate for Danville is 6.9%. 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 $23,065 a year. The US average is $37,638 a year.
- The Median household income of a Danville resident is $57,448 a year. The US average is $69,021 a year.