A family with two adults with two children in the state of Delaware would need to earn approximately $7,761 each month or $93,136 per annum to live comfortably here.
Contents
What is a livable salary in Delaware?
Living Wage Calculation for New Castle County, Delaware
| 1 ADULT | 2 ADULTS (1 WORKING) | |
|---|---|---|
| 0 Children | 2 Children | |
| Living Wage | $15.91 | $35.24 |
| Poverty Wage | $6.13 | $12.60 |
| Minimum Wage | $9.25 | $9.25 |
What is a good salary in Delaware?
Average Salary in Delaware
| Annual Salary | Hourly Wage | |
|---|---|---|
| Top Earners | $84,667 | $41 |
| 75th Percentile | $69,615 | $33 |
| Average | $62,390 | $30 |
| 25th Percentile | $46,567 | $22 |
Is it expensive to live in the state of Delaware?
What Is Delaware’s Cost of Living? While Delaware’s does have a low cost of living compared to the region, it is still roughly 13% higher than the national average. It’s average income, though, is high enough to place it in the nation’s top 10 for that category.
What is a good salary to live a comfortable life?
The median necessary living wage across the entire US is $67,690. The state with the lowest annual living wage is Mississippi, with $58,321. The state with the highest living wage is Hawaii, with $136,437.
Is it cheaper to live in Maryland or Delaware?
The cost of living in Delaware City, DE is 1.3% higher than in Baltimore, MD. You would have to earn a salary of $60,776 to maintain your current standard of living. Employers in Delaware City, DE typically pay 3.6% more than employeers in Baltimore, MD.
Is it cheaper to live in Delaware or New Jersey?
The cost of living in Jersey City, NJ is 60.7% higher than in Delaware City, DE. You would have to earn a salary of $96,416 to maintain your current standard of living. Employers in Jersey City, NJ typically pay 12.9% more than employeers in Delaware City, DE.
What’s the highest paying job in Delaware?
Operator And Truck Driver
Detailed List Of Highest Paying Jobs In Delaware
| Rank | Job Title | Average Salary |
|---|---|---|
| 1 | Operator And Truck Driver | $138,495 |
| 2 | Driver/owner Operator | $118,839 |
| 3 | Manager | $104,553 |
| 4 | Engineer | $81,296 |
What jobs are in high demand in Delaware?
Detailed List Of The Fastest Growing Jobs In Delaware
| Rank | Job Title | Growth % |
|---|---|---|
| 1 | Home Health Aid | 130.1% |
| 2 | Personal Care Assistant | 128.7% |
| 3 | Business Analyst | 122.0% |
| 4 | Electrician | 118.3% |
What is the average household income in Delaware?
$68,287
Table
| Population | |
|---|---|
| Income & Poverty | |
| Median household income (in 2019 dollars), 2015-2019 | $68,287 |
| Per capita income in past 12 months (in 2019 dollars), 2015-2019 | $35,450 |
| Persons in poverty, percent | 11.3% |
Is it worth moving to Delaware?
Delaware’s scenic beauty, low taxes and affordable housing make this tiny state a wonderful place to live, work and play. Fresh-air pursuits abound, whether your interests lie in hiking, sailing, bicycling, or exploring miles of picturesque shoreline.
Is it cheaper to live in Pennsylvania or Delaware?
Pennsylvania has much cheaper home prices but the Property taxes are much higher and are school tax based. Income tax is fixed though and cheaper than MD and DE. Overall though Delaware is the cheapest to live in.
Are utilities expensive in Delaware?
Utility Costs in Delaware
According to Move.org, Delaware ranks #24 out of the 50 states in the US in terms of the average monthly utility costs, in order from highest to lowest.On average, the total cost of utilities per month in this state is estimated at $421.99 while the national average is $422.08.
Is making 85000 a year good?
The Bureau of Labor Statistics states that the average American makes $865 a week working full-time. That comes out to $44,980 per year. If you’re making $85,000 you are above the average American. Depending on your financial goals, you may or may not consider adding additional streams of income.
Is 70000 a good salary?
According to the Bureau of Labor Statistics, the median salary of all individual workers (male and female of all races) was $881 weekly for the first quarter of 2018.An income of $70,000 surpasses both the median incomes for individuals and for households. By that standard, $70,000 is a good salary.
Is 65k a good salary?
A salary of $65,000 can be a high income in many parts in the United States but below average in other parts.A $65,000 salary may easily meet your budget needs in an area with a lower cost of living but may just cover your basics in an area with a high cost of living.
Why is Delaware taxes so cheap?
The state has no value-added taxes (VATs), it does not tax business transactions, and it does not have use, inventory or unitary tax. There is no inheritance tax in Delaware, and there are no capital shares or stock transfer taxes.
What are the advantages of living in Delaware?
Other benefits of Delaware living:
- Delaware Named Most Tax-Friendly State and Most Tax-Friendly State for Retirees by Kiplinger’s Personal Finance Magazine.
- Social Security benefits are not taxed.
- No state or local sales tax.
- No inheritance tax.
- No personal property tax.
Is Delaware a good state?
Is Delaware a good place to visit? While it is very small, the state of Delaware is an excellent option for a vacation. Its cities and towns have a lot of history and its beaches are fun as well. Since the major attractions are fairly close to one another, it’s easy to cover most of them in a day.
What is Middletown Delaware known for?
Thus it was known as the “Diamond Town of the Diamond State.” As the town has grown, its boundaries have extended in each direction. Among the oldest buildings in town is the Middletown Academy, erected in 1826.It now houses the Middletown Area Chamber of Commerce and the Middletown Historical Society.
What taxes do u pay in Delaware?
Delaware has a graduated tax rate ranging from 2.2% to 5.55% on income under $60,000. The maximum income tax rate is 6.60% on income of $60,000 or over.
