Dewey Beach, DE Economy


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Dewey Beach, DE is a beautiful seaside town located on the Delmarva Peninsula. The area offers plenty of activities from beach days to shopping and dining out. With its two bedroom rental cost at $1,300 per month, it's an affordable place to live. The grocery cost index in Dewey Beach is 115 versus the US which is 100, meaning groceries are slightly more expensive here than the average in the US. Despite this, there are still great places to shop locally such as Surf Bagel & Deli, Grotto Pizza and Ruddertowne for seafood lovers. For things like clothing and home decor you can find stores like Purple Parrot Village Outlets and Bikinis & Boardwalks Boutique. There's something for everyone here in Dewey Beach!

Dewey Beach has an unemployment rate of 6.4%. The US average is 6.0%.

Dewey Beach has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 37.5%, which is higher than the US average of 33.5%.

Tax Rates for Dewey Beach
- The Sales Tax Rate for Dewey Beach is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Dewey Beach is 6.6%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Dewey Beach
- The average income of a Dewey Beach resident is $54,712 a year. The US average is $28,555 a year.
- The Median household income of a Dewey Beach resident is $102,188 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDewey Beach, DelawareUnited States
  6.46
  -6.0%-6.2%
  37.5%33.5%
  0.0%6.2%
  5.6%4.6%
  $73,080$37,638
  $102,188$69,021
  $112,292$85,028
  Population by Occupation
  0.6%1.2%
  0.0%0.5%
  0.0%6.8%
  2.9%10.0%
  1.7%2.5%
  18.0%11.0%
  1.7%4.8%
  0.0%0.8%
  0.0%1.9%
  2.3%4.7%
  4.1%1.9%
  16.3%7.6%
  1.7%0.1%
  3.5%4.2%
  10.5%9.3%
  11.0%14.0%
  0.0%2.1%
  8.7%7.0%
  13.4%4.8%
  3.5%4.7%
Reviews for Dewey Beach
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Over 14 years ago

This place is great in the summer - tons of bars, the beach in never further than 1/4 mile away, and the weather is mostly sunny throughout the season. The winter  More

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