South Bethany, DE Economy


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South Bethany, DE is a great place to live. Rent for two-bedrooms is much lower than the US average, making it an affordable option for many people. Additionally, South Bethany's grocery cost index is 16 points above the US average, showing that groceries are relatively inexpensive here. South Bethany has a number of small businesses as well, including the popular seafood restaurant, Crabby’s Seafood Shack, and the local hardware store, Friendly Hardware Supply. All in all, South Bethany is a great place to settle down due to its affordability and variety of local establishments.

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

South Bethany 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 South Bethany
- The Sales Tax Rate for South Bethany is 0.0%. The US average is 7.3%.
- The Income Tax Rate for South Bethany 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 South Bethany
- The average income of a South Bethany resident is $57,244 a year. The US average is $28,555 a year.
- The Median household income of a South Bethany resident is $99,063 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomySouth Bethany, DelawareUnited States
  6.46
  -6.0%-6.2%
  37.5%33.5%
  0.0%6.2%
  5.6%4.6%
  $88,238$37,638
  $99,063$69,021
  $99,572$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  3.1%6.8%
  10.0%10.0%
  1.5%2.5%
  4.6%11.0%
  2.3%4.8%
  3.8%0.8%
  3.1%1.9%
  12.3%4.7%
  10.0%1.9%
  15.4%7.6%
  1.5%0.1%
  0.0%4.2%
  12.3%9.3%
  7.7%14.0%
  0.0%2.1%
  10.8%7.0%
  0.0%4.8%
  1.5%4.7%
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