Delhi, IA is a small town located in Delaware County with a population of around 1,400 people. It is known for its scenic views, which include the Maquoketa River valley and rolling hills. Despite its small size, Delhi has a thriving economy with several local businesses, including Harms Hardware and Appliances, The Pickle Barrel Deli & Bakery, Top Notch Tree Services & Landscaping, and Brown's Garage. Additionally, Delhi has an affordable cost of living compared to the national average – 2 bedroom rent is $730 versus the US average of $1,430 and grocery costs index 97 compared to 100 in the US. All these factors make Delhi an attractive place to live or visit.
Delhi has an unemployment rate of 3.7%. The US average is 6.0%.
Delhi has seen the job market decrease by -0.4% over the last year. Future job growth over the next ten years is predicted to be 24.2%, which is lower than the US average of 33.5%.
Tax Rates for Delhi
- The Sales Tax Rate for Delhi is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Delhi is 9.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Delhi
- The average income of a Delhi resident is $40,086 a year. The US average is $37,638 a year.
- The Median household income of a Delhi resident is $74,643 a year. The US average is $69,021 a year.