Danville, VT (05828) is a small town located in the northern part of Vermont. It is an ideal location for those looking for a rural lifestyle with access to many outdoor activities. The two-bedroom rent here is $940, which is much lower than the US average of $1,430. This offers great savings potential for residents. Grocery costs are also below average here as the Grocery Cost Index in Danville is 107 versus 100 in the US.
The town has several local businesses such as Lakeview Lumber & Hardware, Danville Meat Market and Bouchard's Auto Repair that provide products and services to residents at competitive prices. The cost of living in Danville is quite low compared to other areas due to its rural location and lack of large corporate presence. Residents enjoy a peaceful atmosphere while still having access to amenities like grocery stores and auto repair shops nearby.
Danville (zip 05828) has an unemployment rate of 3.5%. The US average is 6.0%.
Danville (zip 05828) has seen the job market increase by 1.0% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Danville (zip 05828)
- The Sales Tax Rate for Danville (zip 05828) is 6.0%. The US average is 7.3%.
- The Income Tax Rate for Danville (zip 05828) is 6.8%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Danville (zip 05828)
- The average income of a Danville (zip 05828) resident is $29,902 a year. The US average is $28,555 a year.
- The Median household income of a Danville (zip 05828) resident is $58,988 a year. The US average is $69,021 a year.