Danville, MD is a small town located just outside of Baltimore. Despite its small size, it boasts a vibrant community and is home to several local businesses such as Danville Services, Inc., Green Valley Grocery, and Danville Artisans Boutique. This area has a high cost of living due to various factors including the fact that 2 Bedroom Rent in Danville is $1,110 while the US average for 2 Bedroom Rent is $1,430. Additionally, the grocery cost index in Danville is 102 versus 100 in the US. The combination of these two factors contributes to an increased cost of living in Danville compared to other areas around the country.
Danville has an unemployment rate of 6.9%. The US average is 6.0%.
Danville has seen the job market decrease by -7.1% over the last year. Future job growth over the next ten years is predicted to be 24.6%, 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 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 $14,936 a year. The US average is $37,638 a year.
- The Median household income of a Danville resident is $0 a year. The US average is $69,021 a year.