Danvers, IL is a small town located in McLean County and has a population of around 1,500. Rent for a two-bedroom apartment is $920 which is slightly lower than the US average of $1,430. The grocery cost index in Danvers is lower than the US with 95 compared to 100. Many local businesses are available to enjoy shopping or dining such as D&N IGA Grocery Store, Lone Oak Restaurant & Bar and B&T Automotive Repair shop.
Danvers has an unemployment rate of 5.0%. The US average is 6.0%.
Danvers has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.9%, which is lower than the US average of 33.5%.
Tax Rates for Danvers
- The Sales Tax Rate for Danvers is 8.8%. The US average is 7.3%.
- The Income Tax Rate for Danvers is 5.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Danvers
- The average income of a Danvers resident is $31,131 a year. The US average is $28,555 a year.
- The Median household income of a Danvers resident is $65,707 a year. The US average is $69,021 a year.