Danville, IL Metro Area is a great place to live if you are on the hunt for an affordable lifestyle. The cost of rent for a two bedroom apartment in the area is $880, which is significantly lower than the US average of $1,430. Furthermore, the grocery cost index in Danville is 91 versus the US average of 100. This means groceries will be even more affordable for those living in Danville. The area also features plenty of job opportunities with wages that are competitive compared to other cities. Popular employers include Danville Fire Department, Carle Foundation Hospital, and Illinois Veteran's home at Danville with salaries ranging from $25k-$80k depending on position of employment. Those looking to work in Danville should have no problem finding a job that meets their needs and financial goals!
Danville Metro Area has an unemployment rate of 6.9%. The US average is 6.0%.
Danville Metro Area has seen the job market increase by 1.1% over the last year. Future job growth over the next ten years is predicted to be 17.5%, which is lower than the US average of 33.5%.
Tax Rates for Danville Metro Area
- The Sales Tax Rate for Danville Metro Area is 7.8%. The US average is 7.3%.
- The Income Tax Rate for Danville Metro Area 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 Danville Metro Area
- The average income of a Danville Metro Area resident is $21,924 a year. The US average is $28,555 a year.
- The Median household income of a Danville Metro Area resident is $49,063 a year. The US average is $69,021 a year.