Wilmington, DE is an attractive city for residents to live due to its affordability. The average two bedroom rent in Wilmington is $1,280, while the United States' average 2 bedroom rent is $1,430. Not only is the rent more affordable but grocery costs are also lower than the national average index of 100 with Wilmington's index at 102. Wilmington has much to offer its residents including access to some of Delaware's most popular attractions such as the Brandywine Zoo and Longwood Gardens. Wilmington also has many prominent companies located in the city, such as JPMorgan Chase and DuPont. With its affordability and local attractions and businesses, it is easy to see why Wilmington is a great place to call home.
Wilmington has an unemployment rate of 10.3%. The US average is 6.0%.
Wilmington has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 28.8%, which is lower than the US average of 33.5%.
Tax Rates for Wilmington
- The Sales Tax Rate for Wilmington is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington is 7.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Wilmington
- The average income of a Wilmington resident is $25,686 a year. The US average is $28,555 a year.
- The Median household income of a Wilmington resident is $49,354 a year. The US average is $69,021 a year.