Dover, DE Metro Area is an excellent place to live for many reasons. The cost of renting a two-bedroom apartment in Dover is significantly lower than the US average at $1,180 versus $1,430. Additionally, groceries are particularly affordable in Dover due to the Grocery Cost Index being 104 as opposed to 100 in the US. There are multiple well known local companies such as Bowers Beach Marina and Lindy’s Seafood Restaurant that bring people from afar for their services. Furthermore, Dover is home to the Dover International Speedway which hosts NASCAR events each year and brings a great deal of tourism into town. Overall, living in Dover means enjoying a quality lifestyle at an affordable cost with plenty of amenities nearby.
Dover Metro Area has an unemployment rate of 7.5%. The US average is 6.0%.
Dover Metro Area has seen the job market increase by 2.6% over the last year. Future job growth over the next ten years is predicted to be 33.7%, which is higher than the US average of 33.5%.
Tax Rates for Dover Metro Area
- The Sales Tax Rate for Dover Metro Area is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Dover Metro Area 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 Dover Metro Area
- The average income of a Dover Metro Area resident is $25,259 a year. The US average is $28,555 a year.
- The Median household income of a Dover Metro Area resident is $63,715 a year. The US average is $69,021 a year.