Business and Economy in Danville, KY
Being a great place to live also means being a great place to work. A thriving economy helps the tax base (so there’s more money for city improvements) and helps a city attract and retain talent. The median household income in Danville, KY, is $37,311, and check out the following articles to get an inside look at its key industries and job opportunities.
Danville, KY is home to a wide variety of businesses that specialize in everything from signage manufacturing to plastic injection molding.
Infrastructure improvement efforts are helping the region smartly move forward.
Local resources and programs help drive agricultural success in the region
Expansions, new businesses continue to move the area forward
Wilderness Trail continues long tradition of Kentucky Bourbon.
College initiative addresses need for more workers
Effort begins to strengthen programs, attract scholarship backers
Strong sectors include education, health, manufacturing and retail.
Program helps owners with licenses, codes
Danville's Main Street programs and adaptive reuse of historic buildings help boost economic development.
While employment opportunities often play a big part in why people move, a city’s unemployment rate also is a major indicator of an economy’s overall health. Regardless of whether personal employment is a factor, lower unemployment rates often mean a region is better able to attract and retain skilled workers, new industries and retailers. The statistics, here, should provide valuable insight into the health and diversity of Danville’s economy.
Employment Rate in Boyle County, KY
Occupations in Danville, KY
Employment in Danville, KY
|Employment Armed Forces||0%|
|Employment Civilian Labor Force||54%|
|Employment Not in Labor Force||46%|
|Employment Total in Labor Force||54%|
Industry in Danville, KY
|Agriculture, Forestry, Fishing and Hunting and Mining||2.7%|
|Transportation and Warehousing, and Utilities||3.1%|
|Finance and Insurance, and Real Estate and Rental and Leasing||3.1%|
|Professional, Scientific and Management and Administrative and Waste||6.3%|
|Educational Services and Health Care and Social Assistance||31%|
|Arts, Entertainment and recreation and Accommodation and food Services||11%|
|Other Services, Except Public Administration||5.6%|