Danville, Illinois (aka 61834) is an interesting town with an array of business opportunities. As a small city of 33,000 people, the cost of living in Danville is more affordable compared to other cities within the US. The average two-bedroom rent in Danville is $890 while the US rate is $1,430. Additionally, the Grocery Cost Index in Danville is 93 versus 100 in the US.
Some of the most popular companies that are located in Danville are Catfish Bend Casino, Carle Foundation Hospital, EnergyNet LLC., and Super 8 by Wyndham – Danville. These businesses bring economic prosperity to the community and provide employment opportunities for locals. It's no surprise that many people choose to make Danville their home due to its convenient location between state capitals Springfield and Indianapolis as well as its close proximity to Champaign Urbana International Airport.
Danville (zip 61834) has an unemployment rate of 6.9%. The US average is 6.0%.
Danville (zip 61834) has seen the job market decrease by -6.0% 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 (zip 61834)
- The Sales Tax Rate for Danville (zip 61834) is 6.5%. The US average is 7.3%.
- The Income Tax Rate for Danville (zip 61834) 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 61834)
- The average income of a Danville (zip 61834) resident is $29,442 a year. The US average is $37,638 a year.
- The Median household income of a Danville (zip 61834) resident is $78,569 a year. The US average is $69,021 a year.