Danville, IL (zip code 61832) is an affordable city to live in with a median 2 bedroom rent of $910 compared to the US average of $1,430. This low rent allows families and individuals on a budget to enjoy the amenities offered by the local businesses such as McDonald's, Taco Bell, Walmart, CVS Pharmacy, and Big Lots. Groceries are also fairly priced in Danville with an index score of 89 compared to 100 in the US.When all costs are taken into consideration such as transportation and health care, it is easy to see why Danville has a low cost of living making it an ideal place for those looking for cheaper housing options.
Danville (zip 61832) has an unemployment rate of 8.0%. The US average is 6.0%.
Danville (zip 61832) 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 16.4%, which is lower than the US average of 33.5%.
Tax Rates for Danville (zip 61832)
- The Sales Tax Rate for Danville (zip 61832) is 9.3%. The US average is 7.3%.
- The Income Tax Rate for Danville (zip 61832) 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 (zip 61832)
- The average income of a Danville (zip 61832) resident is $20,002 a year. The US average is $28,555 a year.
- The Median household income of a Danville (zip 61832) resident is $41,073 a year. The US average is $69,021 a year.