Delaware City, DE is a great place to call home. It offers all the benefits of city living without the high cost of living found in more established cities. Rent for a two-bedroom apartment in Delaware City is $1,370 per month, which is more affordable than the US average of $1,430. Additionally, grocery costs in Delaware City are also relatively low; with an index score of 105 versus 100 in the US. This makes it easier to stretch your dollar and make ends meet.
Delaware City has a thriving business community made up of both small and large companies. Some popular local companies include the Port of Wilmington, M&T Bank, The DuPont Company and Nemours Children's Health System. All these businesses offer employment opportunities and help keep Delaware City's economy vibrant.
Overall, Delaware City is an excellent place to live given its affordability and range of job opportunities. With rent prices that are lower than average and a grocery cost index that favors residents, you can make your money go further while enjoying all the amenities that come with city life.
Delaware City has an unemployment rate of 6.5%. The US average is 6.0%.
Delaware City 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 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Delaware City
- The Sales Tax Rate for Delaware City is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Delaware City 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 Delaware City
- The average income of a Delaware City resident is $24,927 a year. The US average is $28,555 a year.
- The Median household income of a Delaware City resident is $65,625 a year. The US average is $69,021 a year.