Frederica, Delaware is a charming small town home to many families and businesses. With a population of just over 1,100 people, Frederica offers a peaceful atmosphere for those looking for a quiet place to live. Two bedroom rent in Frederica is surprisingly affordable at $1,220, significantly lower than the US average of $1,430. The grocery cost index in Frederica is also very competitive with 104 compared to 100 in the US. Shopping local is easy with plenty of stores such as Food Lion and M&T Bank operating within city limits. Additionally, some larger companies with presence in Fredrica include Walmart and Wawa convenience store. All in all, Frederica is an attractive option for anyone looking to relocate while still enjoying the conveniences of city life.
Frederica has an unemployment rate of 7.5%. The US average is 6.0%.
Frederica has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Frederica
- The Sales Tax Rate for Frederica is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Frederica 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 Frederica
- The average income of a Frederica resident is $25,496 a year. The US average is $28,555 a year.
- The Median household income of a Frederica resident is $50,709 a year. The US average is $69,021 a year.