Cost of Living & Housing in Danville
Danville's cost of living runs genuinely affordable even by Arkansas's own already-affordable statewide standard, anchored by the lowest property tax rate of any city in Yell County.
Exploring the idea of moving?
We can connect you with a local real estate professional who knows the area -- no pressure, just a starting point.
Learn moreA real, wide housing cross-source spread, all below national medians
Danville's housing figures carry a real, disclosed cross-source spread this pass found: Redfin's September 2025 reading showed a median sale price around $108,000 (down sharply year-over-year, plausibly reflecting Danville's low sales volume), while City-Data's 2024 median value ran around $140,713 and RealtyTrac's ZIP-level figure ran around $154,923 -- all well below the roughly $355,000-$375,000 range typically cited nationally in 2026 (base record).
The lowest property tax rate of any city in Yell County
Danville's own 0.82% effective property tax rate (Ownwell) is the lowest of any city in Yell County, whose own median runs 0.90% -- both below the national median of roughly 1.02% (base record).
Arkansas's 3.7% top income tax rate and the $600 homestead credit
Arkansas's real, current top individual income tax rate is 3.7% for tax year 2026, the fourth consecutive annual cut, alongside a real Amendment 79 homestead property-tax credit currently worth $600 per homestead beginning with 2026 tax bills (base record).
Confirm current rent and employer data directly
Median gross rent runs roughly $451-$658/month depending on source, and a confirmed, current named-employer list for Danville was not found with confidence this pass -- confirm both directly with the Yell County Chamber of Commerce and a local property manager (base record).
Key takeaways
- Danville's housing runs $108,000-$154,923 depending on source, genuinely affordable relative to national and Arkansas statewide medians.
- Danville's 0.82% effective property tax rate is the lowest of any city in Yell County.
- Arkansas's 3.7% top income tax rate and $600 Amendment 79 homestead credit both apply in Danville as they do statewide.
- A confirmed, current rent figure and named-employer list were not found with confidence this pass -- confirm both directly.
Want to know what your budget actually buys here?
Tell us a bit about what you're looking for and we'll connect you with someone local who can walk you through real numbers.
Get local guidanceRead the full Danville overview for the complete picture -- housing, taxes, climate, and who this place genuinely fits.
Planning a move?
Tell us what you're looking for and we'll connect you with a local expert who can help you make it happen.
Talk to a local expert