Local Tax Rates: Danville Township
| Taxing unit | 2010 payable in 2011 | ||||
| Township | 0.4326% | ||||
| City | 1.9795% | ||||
| County | 1.4142% | ||||
| School | 5.0308% | ||||
| Total | 10.1252% | ||||
| Equalizer | 1.000% |
Major Illinois Taxes
| Property Tax | State Average: 9.12% Vermilion County Average: 8.65% *2008 payable in 2009 equalization factor |
*32.24 % of real property 0.0% equipment 0.0% machinery 0.0% inventory |
| Sales Tax | State: 6.25% Vermilion County: 0.25% Danville: 8.75% |
General merchandise |
| Gasoline | .39 cents | Per gallon sold |
| Corporate Income | 7% | Income apportioned to IL |
| Individual Income | 3% | Income reported on federal return |
| Unemployment Compensation 2010 New Employers | Range: 0.7– 8.4% | New employers: 3.80% Construction new employer 4.5%. Rate included. |
| Worker's Compensation Premium * State Average | 3.05% overall rate | Payroll |
Vermilion County is located in East Central Illinois along the Illinois/Indiana border. Danville sits as the county seat and boasts industrial, medical, and retail positions in an ever-growing community.
