Cost of Living in Danville, Illinois
Danville has a population of about 28,595. The median household income is $45,957, median gross rent is $846/month, and the median home value is $79,000. These figures come from 2020-2024 ACS 5-Year estimates, the latest full-coverage Census baseline for U.S. cities.
How current is this? Census city data is released with a lag because it is survey-based and designed for consistent coverage across small and large places. Use it as an official affordability baseline; current apartment listings and mortgage rates may differ.
Is Danville expensive to live in?
Compared with the national median in this dataset, rent in Danville is 49% below the national median and home values are 79% below the national median. Household income here is 45% below the national median. Monthly rent represents roughly 22% of the median annual household income, a rough affordability signal for renters.
Frequently asked questions
What is the average rent in Danville?
The median gross rent in Danville, Illinois is $846 per month in the 2020-2024 ACS 5-Year estimates.
What is the median home price in Danville?
The median owner-occupied home value in Danville is $79,000 in the 2020-2024 ACS 5-Year estimates.
How much do people earn in Danville?
The median household income in Danville is $45,957 per year in the 2020-2024 ACS 5-Year estimates.
Data source: U.S. Census Bureau, 2020-2024 ACS 5-Year Estimates. Local database last refreshed 2026-07-11.