New Castle County · Delaware · South · 72k residents
Wilmington, DE: economy, jobs & business costs
The site-selection read on Wilmington: labor costs, talent, corporate tax, energy, and business activity, with the Delaware median as the yardstick. Compare it live against any of 3,000 US cities.
Data coverage: ACS place data; supplementary fields may use state estimates.
Average weekly wages in the surrounding labor market run $1,607/wk. Delaware's corporate income tax rate is 8.7%. Commercial electricity averages 12.2¢/kWh.
Compare Wilmington side by side
Avg. weekly wage
$1,607/wk
Corporate income tax
8.7%
Bachelor's degree or higher
33.1%
Commercial electricity
12.2¢/kWh
Economic momentum
How fast Wilmington's economy is moving, ranked against the US cities we track.
37/100
Steady
Ranks Wilmington's residential building-permit and jobs growth against the US cities we cover. The label is relative pace, not a direction, so a market can rank low while some figures still rise. A higher score moves faster, it is not cheaper or better. This is economic activity, not commercial lease rates or vacancy. Not investment or relocation advice.
| ACS median home value | $231,400 |
| Price per sq. ft. | $220 |
| Property tax rate | 0.58% |
| 1-bedroom rent | $1,054/mo |
| 2-bedroom rent | $1,212/mo |
| State & local income tax | 6.15% |
| Sales tax | 0% |
| Corporate income tax | 8.7% |
| Avg. weekly wage | $1,607/wk |
| Bachelor's degree or higher | 33.1% |
| Commercial electricity | 12.2¢/kWh |
| Businesses per 1k residents | 48.5/1k |
| Wage: Software developer | $133,040 |
| Wage: Registered nurse | $101,180 |
| Wage: General manager | $121,630 |
| Wage: Customer service | $47,070 |
| Wage: Warehouse worker | $36,800 |
| Wage: Heavy truck driver | $59,370 |
| Wage: Electrician | $74,590 |
| Wage: Retail salesperson | $34,810 |
| Cost of living index | 90 |
| Groceries index | 103 |
| Utilities | $175/mo |
| Transit pass | $60/mo |
| Gas price | $3.15/gal |
| Healthcare index | 102 |
| Childcare (per child) | $1,100/mo |
| Median household income | $58,671 |
| Unemployment rate | 4% |
| Population | 72k |
| Crime index | 48/100 |
| School rating | 5.5/10 |
| Walkability | 34/100 |
| Disaster risk | 95/100 |
| Avg. commute | 26 min |
| Sunny days / year | 200 days |
| July high | 84°F |
| January low | 24°F |
| Annual snowfall | 12 in |
| Home price YoY | +2.2% |
| Home price MoM | 0.0% |
| Rent YoY | +3.6% |
| Rent MoM | +0.4% |
| Employment (jobs) YoY | +0.7% |
| Building permits YoY | -66.8% |
| Ocean coast | 65 mi |
| Big lake | 164 mi |
| Mountains | 91 mi |
| Major airport | 19 mi |
| Ski resort | 91 mi |
Popular comparisons
Nearby
- Brookside, DE · 15k
- Newark, DE · 30k
- Bear, DE · 22k
- Glasgow, DE · 16k
- Middletown, DE · 25k
Similar size
- Dover, DE · 40k
Real listings in Wilmington
LoopNet ↗Crexi ↗CommercialCafe ↗
Links open third-party listing searches. WhereToHQ has no paid relationship with these sites.
- Is Wilmington a good place to run a business?
- Delaware's corporate income tax rate is 8.7%; average weekly wages in the surrounding labor market run $1,607/wk; commercial electricity averages 12.2¢/kWh. Weigh these against your own priorities in the business comparison tool.
- What is the cost of living in Wilmington, DE?
- Wilmington indexes at 90 for day-to-day costs against a national baseline of 100, with a typical two-bedroom renting for $1,212/mo and a acs median home value of $231,400.
- How much does a house cost in Wilmington?
- The acs median home value in Wilmington is $231,400 (Census ACS estimate; individual listings vary).
- How much is rent in Wilmington?
- A two-bedroom in Wilmington rents for about $1,212/mo.