Delaware, IN County is a great place to live and work. The cost of living is significantly lower than in other parts of the country due to its location in the Midwest. The average 2 bedroom rent in Delaware, IN County is $850 which is substantially lower than the national average of $1430. Additionally, the cost of groceries are 8% below the US index rating, meaning that it costs less to buy groceries in Delaware, IN County than it does nationwide.
Delaware, IN County has a number of respected companies located within its borders including Honda Manufacturing of Indiana LLC., CP Kelco U.S., Inc., and Ball Corporation-Muncie Plant. With these businesses come good jobs with competitive salaries and benefits packages which make living in Delaware, IN County even more attractive.
Delaware County has an unemployment rate of 5.0%. The US average is 6.0%.
Delaware County has seen the job market decrease by -5.6% over the last year. Future job growth over the next ten years is predicted to be 31.7%, which is lower than the US average of 33.5%.
Tax Rates for Delaware County
- The Sales Tax Rate for Delaware County is 7.0%. The US average is 7.3%.
- The Income Tax Rate for Delaware County is 4.3%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.
Income and Salaries for Delaware County
- The average income of a Delaware County resident is $26,946 a year. The US average is $37,638 a year.
- The Median household income of a Delaware County resident is $49,321 a year. The US average is $69,021 a year.