Dover, DE Economy


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Dover, DE is a city in Kent County situated in the central part of Delaware. It is home to several notable companies such as Dover Downs Hotel & Casino, Dover International Speedway, and Capital School District. The cost of 2-bedroom rental in Dover is significantly lower than the national average at $1,200 compared to $1,430 in the US. Additionally, grocery costs are also lower than the national index with an index score of 103 versus 100 in the US. This makes living expenses much lower in Dover than across America on average.

Dover has an unemployment rate of 10.3%. The US average is 6.0%.

Dover 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 32.2%, which is lower than the US average of 33.5%.

Tax Rates for Dover
- The Sales Tax Rate for Dover is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Dover 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 Dover
- The average income of a Dover resident is $22,013 a year. The US average is $28,555 a year.
- The Median household income of a Dover resident is $51,073 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDover, DelawareUnited States
  10.36
  -4.0%-6.2%
  32.2%33.5%
  0.0%6.2%
  5.6%4.6%
  $28,098$37,638
  $51,073$69,021
  $61,579$85,028
  Population by Occupation
  0.4%1.2%
  0.0%0.5%
  3.0%6.8%
  8.8%10.0%
  1.5%2.5%
  13.9%11.0%
  5.2%4.8%
  0.7%0.8%
  0.9%1.9%
  3.8%4.7%
  1.6%1.9%
  4.5%7.6%
  0.0%0.1%
  3.5%4.2%
  10.4%9.3%
  17.9%14.0%
  2.2%2.1%
  9.3%7.0%
  4.6%4.8%
  7.8%4.7%
Reviews for Dover
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Key points are "an excellent quality of life and a low crime rate" as well as low taxes. Delaware attracts the highest percentage of retirees, plus people of all other  More

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Dover, DE is a great placed to live. I work at OCEAN, which is a non profit organization that sponsors high school exchange students. We had foreign students reside in  More

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Over 6 years ago

Dover, like any town other than Newark, is very unsophisticated, boring, unfriendly, and uneducated. I've resided in many states and Delaware will be the state that I  More

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