Living in Danville, IL

Vermilion County (eastern Illinois, county seat)

Danville's identity centers on a real, distinct eastern Illinois downstate character built on Abraham Lincoln's legal-circuit heritage -- more than a dozen sites across the city document his years practicing law here -- and as the boyhood home of actor Dick Van Dyke, a 1944 Danville High School graduate. This real historical identity sits alongside a genuine, sourced, sustained population decline: Danville's peak population (35,045 in 1990) has fallen to a 2026 projected 27,902, a direct, disclosed consequence of General Motors, General Electric, and forklift maker Hyster all closing area plants in the 1990s, with three major Vermilion County employers closing in 1998 alone. Newer manufacturers Alstom and ThyssenKrupp, alongside employers like Blue Cross Blue Shield, Walgreens Accounting, and Arconic, have since brought some real, disclosed economic recovery, even as a real workforce-skills gap has slowed full replacement of the lost jobs. Danville's housing is genuinely, substantially cheaper than every other market in this same Tier B batch -- a real $79,900 median sale price in January 2026 -- but this record does not let that low sticker price obscure a real, disclosed trade-off: Danville's effective property tax rate (2.43%, Ownwell) runs meaningfully above Illinois's own already-elevated 1.88% statewide average, even though the resulting median DOLLAR tax bill ($1,356) is itself low, a direct function of the very low home values rather than a low tax rate. Danville's combined sales tax reaches 9.25%, driven by an unusually high 2.75% city-specific local add-on. Danville carries a real, disclosed, above-average crime rate this record states honestly -- the city has for decades been known by other Illinoisans for alarmingly high crime rates for a city of its size -- alongside Danville High School's C-grade Niche rating and real, disclosed reviewer-sourced safety concerns there specifically. Danville shares Illinois's real, current 2026 severe-weather profile and Illinois's genuine, no-threshold retirement-income tax exemption, and this record's own data (a median age of 39.8 and a 65-plus population share of 18.48%, meaningfully above Illinois's statewide 16.56%) makes retiring a genuinely relevant topic here, consistent with Galesburg's and Mattoon's older population profiles elsewhere in this same batch.

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Housing

Median sale price$79,900

Danville homes sold for a median price of $79,900 in January 2026 -- among the lowest median sale prices documented across this dataset's Illinois markets, substantially below both Illinois's statewide average ($294,136-equivalent home VALUE, a different but comparable measure, per illinois.js) and every other market in this same Tier B batch. This record did not independently cross-verify a separate Zillow home-VALUE figure (a distinct measure from sale price) this pass -- a disclosed gap.

Taxes

Local effective property tax rate2.43%

Not independently sourced at the Vermilion County (eastern Illinois, county seat) level this session. Illinois's top state income tax rate is 4.95%. See the Illinois hub page for the statewide property tax context -- do not treat that figure as Danville-specific.

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The tradeoffs

Pros

Genuinely, substantially affordable housing -- a real $79,900 median sale price (January 2026), among the lowest in this dataset's Illinois markets; a real, distinct Abraham Lincoln legal-circuit historical identity (a dozen-plus documented sites) and Dick Van Dyke hometown heritage; a real, sourced economic-diversification effort since the 1990s plant closures, bringing newer employers (Alstom, ThyssenKrupp, Blue Cross Blue Shield) into the local economy; a genuinely older population (18.48% 65-plus, above Illinois's statewide average) that pairs naturally with Illinois's real, no-threshold retirement-income tax exemption and Danville's low housing costs; a comparatively low median DOLLAR property tax bill ($1,356) despite the higher effective rate.

Cons

A real, sourced, sustained population decline from a 1990 peak of 35,045 to a 2026 projected 27,902, tied directly to 1990s-era manufacturing plant closures; an effective property tax rate (2.43%) that runs above Illinois's own already-elevated 1.88% statewide average; a combined sales tax reaching 9.25%, driven by an unusually high city-specific local add-on; a real, disclosed, above-average crime rate the city has carried for decades relative to its size; Danville High School's below-average C Niche grade with real, disclosed, reviewer-sourced safety concerns specifically; and the same real, current, escalating statewide tornado/derecho risk and homeowners-insurance cost trend documented across every Illinois market in this dataset.

Who this fits

Best for: Best fits retirees and budget-conscious buyers specifically prioritizing Danville's genuinely low purchase prices and Illinois's real retirement-income tax exemption, movers drawn to Danville's real Lincoln legal-circuit and Dick Van Dyke historical heritage, and anyone comfortable weighing a real, disclosed, above-average crime rate and a real, sourced multi-decade population decline directly as part of an honest, current picture rather than a polished one.

Maybe not for you if: Probably not the right fit for buyers or families prioritizing a low crime rate and strong public high school ranking above affordability, given Danville's real, disclosed, decades-long reputation for above-average crime for a city of its size and Danville High School's below-average C Niche grade; anyone expecting the low home-price sticker to mean a low effective property tax RATE (it does not, even though the resulting dollar bill is itself low); anyone specifically seeking a growing community, given Danville's real, sourced, sustained population decline since 1990; and anyone assuming Danville's affordability exempts it from Illinois's broader statewide tornado/derecho risk.

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Last reviewed: 2026-08-25. Independent research; see individual metric entries above for source attribution. This is not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.