Danville, Indiana is a small suburb with a population of approximately 5,000. It offers a safe and affordable housing market, with the average rent for a two-bedroom apartment standing at just $980 per month. This is significantly lower than the national average of $1,430. Additionally, Danville has a grocery cost index of 96 versus the US’ 100, which means groceries are relatively cheaper here compared to other areas. As such, it is an ideal location for those looking for an affordable lifestyle.
The town also has plenty going on in terms of entertainment and shopping. The Avon Town Hall Theatre puts on wonderful performances throughout the year and there are several other theatres in town as well. Shopping can be done at local businesses like Shops at Danville Square and Retro Row, or at larger retailers such as Walmart and Target. There are also many cafes, restaurants and bars within the city limits where locals can relax over good food and drinks. All in all, Danville is an attractive option for those seeking an affordable yet enjoyable place to live.
Danville (zip 46122) has an unemployment rate of 3.5%. The US average is 6.0%.
Danville (zip 46122) has seen the job market increase by 2.5% over the last year. Future job growth over the next ten years is predicted to be 41.0%, which is higher than the US average of 33.5%.
Tax Rates for Danville (zip 46122)
- The Sales Tax Rate for Danville (zip 46122) is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Danville (zip 46122) is 4.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Danville (zip 46122)
- The average income of a Danville (zip 46122) resident is $28,511 a year. The US average is $28,555 a year.
- The Median household income of a Danville (zip 46122) resident is $88,475 a year. The US average is $69,021 a year.