Delaware, OH is a city located in central Ohio. It is known for its lively downtown area, which features various shops, restaurants, museums, and theaters. It also has many local businesses that contribute to the city’s economy such as Delaware Insurance Company and the Delaware County Courthouse. Additionally, Delaware is an affordable city with a two bedroom rent of $1,170 which is slightly lower than the U.S national average of $1,430. Furthermore, grocery prices are slightly lower than 100 on the Grocery Cost Index in Delaware which makes it a very affordable place to live for families and individuals alike.
Delaware has an unemployment rate of 3.5%. The US average is 6.0%.
Delaware has seen the job market increase by 0.8% over the last year. Future job growth over the next ten years is predicted to be 35.3%, which is higher than the US average of 33.5%.
Tax Rates for Delaware
- The Sales Tax Rate for Delaware is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Delaware is 5.1%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Delaware
- The average income of a Delaware resident is $27,421 a year. The US average is $28,555 a year.
- The Median household income of a Delaware resident is $78,900 a year. The US average is $69,021 a year.