Kenton, DE is a town located in Kent County. It offers housing at affordable prices, with two bedroom rents costing $1,310 compared to the US average of $1,430. The Grocery Cost Index in Kenton is also lower than the national average, at 105 versus 100. In addition to its affordability, Kenton has a variety of business opportunities for potential residents and visitors, including Kenton Hardware and Home Center, Bi-State Auto Sales and Service, and Big Dogs Pub & Grill. All three of these companies offer excellent service to help build the local economy.
Kenton has an unemployment rate of 7.5%. The US average is 6.0%.
Kenton 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 Kenton
- The Sales Tax Rate for Kenton is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Kenton 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 Kenton
- The average income of a Kenton resident is $14,498 a year. The US average is $28,555 a year.
- The Median household income of a Kenton resident is $40,625 a year. The US average is $69,021 a year.