Townsend, Delaware is a beautiful and affordable neighborhood to call home. Located just a few miles from downtown Wilmington, the area offers residents plenty of local amenities and great employment opportunities. The median 2 bedroom rent for Townsend is just $1,730 which is significantly less than the national average of $1,430. Additionally, grocery costs are slightly higher but still only 107 versus 100 in the US.
Living in Townsend has many advantages. There are plenty of excellent local businesses such as Townsend Convenience Store, Carter's Auto Repair and Dining Room Restaurant that can make life easier for locals. The town also boasts top-notch public schools as well as several parks, making it ideal for families with children or anyone looking to practice outdoor activities such as hiking or biking. Residents can also enjoy easy access to cultural attractions like museums and art galleries located nearby. All things considered, Townsend is an excellent place to live for anyone looking for an affordable yet high quality neighborhood.
Townsend (zip 19734) has an unemployment rate of 6.5%. The US average is 6.0%.
Townsend (zip 19734) has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%.
Tax Rates for Townsend (zip 19734)
- The Sales Tax Rate for Townsend (zip 19734) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Townsend (zip 19734) 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 Townsend (zip 19734)
- The average income of a Townsend (zip 19734) resident is $31,168 a year. The US average is $28,555 a year.
- The Median household income of a Townsend (zip 19734) resident is $115,421 a year. The US average is $69,021 a year.