Seaford, DE is an ideal city for those looking for a suburban lifestyle with close proximity to larger cities. The lower rent prices of $1,000 for a two bedroom apartment make it an attractive option compared to the US average of $1,430. The cost of living in Seaford is also relatively low due to the Grocery Cost Index being 106 versus 100 in the US.
The economy in Seaford primarily revolves around retail and manufacturing industries, with companies such as Delmarva Battery & Tire Co., Bostik Inc., Woodland Mills and Perdue Farms Inc. providing employment opportunities to local residents. Delmarva Battery & Tire Co. provides local automotive repair services while Bostik Inc., Woodland Mills and Perdue Farms Inc. specialize in manufacturing and food production respectively. There are also many small businesses such as restaurants, salons and stores located within the city that provide further economic benefits to the community.
Seaford has an unemployment rate of 6.4%. The US average is 6.0%.
Seaford 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 Seaford
- The Sales Tax Rate for Seaford is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Seaford 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 Seaford
- The average income of a Seaford resident is $19,486 a year. The US average is $28,555 a year.
- The Median household income of a Seaford resident is $55,162 a year. The US average is $69,021 a year.