Dagsboro, DE Economy


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Dagsboro, DE is a small town known for its affordability and peaceful atmosphere. On average, rent for a two bedroom apartment is $1,130 which is significantly lower than the US average of $1,430. Additionally, the Grocery Cost Index in Dagsboro is 107 compared to the US average of 100. As such, it is an attractive place to live and work for people from all walks of life. Local businesses in Dagsboro include The Doe Corporation which specializes in construction services; McAdams & Son Plumbing - a plumbing contractor; and Olde Towne Antiques - a vintage furniture shop. The town also has several restaurants offering traditional American cuisine as well as Chinese and Italian food. This variety of businesses provides employment opportunities to those living in Dagsboro so they can enjoy a good quality of life.

Dagsboro has an unemployment rate of 6.4%. The US average is 6.0%.

Dagsboro has seen the job market decrease by -6.0% 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 Dagsboro
- The Sales Tax Rate for Dagsboro is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Dagsboro 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 Dagsboro
- The average income of a Dagsboro resident is $32,469 a year. The US average is $37,638 a year.
- The Median household income of a Dagsboro resident is $56,029 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyDagsboro, DelawareUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
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