Rehoboth Beach, DE is a coastal resort town in the state of Delaware. It is known for its beaches, boardwalk, and amusement parks. Rent for a two bedroom apartment is reasonably priced at $1,300 compared to $1,430 in the US. Grocery cost index is also low with 115 versus the national average of 100. There are several local companies that contribute to the economy including Rehoboth Beach Boardwalk Company offering seasonal beach gear rentals and activities, Wilmington-based Dogfish Head Craft Breweries Inc., which specializes in craft beer, and Zest Boats offering boat tours on Rehoboth Bay.
Rehoboth Beach has an unemployment rate of 6.4%. The US average is 6.0%.
Rehoboth Beach 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 Rehoboth Beach
- The Sales Tax Rate for Rehoboth Beach is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Rehoboth Beach 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 Rehoboth Beach
- The average income of a Rehoboth Beach resident is $63,310 a year. The US average is $28,555 a year.
- The Median household income of a Rehoboth Beach resident is $137,783 a year. The US average is $69,021 a year.