Zip 19970 (Ocean View, DE) Economy


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19970 Ocean View, DE is an attractive and affordable location in the United States. With a 2 bedroom rent of $1,390 and a grocery cost index of 108 versus 100 in the US, it is an ideal place to live for those looking for quality housing and reasonable prices. The local area also has plenty of amenities to offer with many popular companies such as Delmarva Power, Atlantic Broadband, and Chesapeake Utilities Corporation located within the county. There are also numerous restaurants and local attractions to explore. All together 19970 Ocean View, DE makes for a great place to settle down and start a family or just enjoy life at an affordable rate.

Ocean View (zip 19970) has an unemployment rate of 6.4%. The US average is 6.0%.

Ocean View (zip 19970) 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 Ocean View (zip 19970)
- The Sales Tax Rate for Ocean View (zip 19970) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Ocean View (zip 19970) 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 Ocean View (zip 19970)
- The average income of a Ocean View (zip 19970) resident is $38,472 a year. The US average is $28,555 a year.
- The Median household income of a Ocean View (zip 19970) resident is $77,304 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyOcean View, DelawareUnited States
  6.46
  -6.0%-6.2%
  37.5%33.5%
  0.0%6.2%
  5.6%4.6%
  $47,484$37,638
  $77,304$69,021
  $90,586$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  10.4%6.8%
  2.9%10.0%
  1.9%2.5%
  8.3%11.0%
  1.2%4.8%
  0.4%0.8%
  2.3%1.9%
  6.5%4.7%
  4.7%1.9%
  12.7%7.6%
  0.0%0.1%
  2.9%4.2%
  15.0%9.3%
  9.9%14.0%
  2.4%2.1%
  6.9%7.0%
  4.8%4.8%
  7.1%4.7%
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