Pike Creek, DE Economy


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Pike Creek, DE is a quaint city located in New Castle County. It is a popular destination for families and individuals due to its strong economy and diverse cultural activities. The average 2 bedroom rent in Pike Creek is $1,700 which is significantly higher than the national average of $1,430. Additionally, the Grocery Cost Index in Pike Creek is 107 meaning that groceries are 7% more expensive when compared to the US average of 100. Local companies such as Capital One Financial Corporation, Heinemann Electric Company Inc., and Pike Creek Pest Control have all contributed to the growth of Pike Creek's economy.

Pike Creek has an unemployment rate of 6.5%. The US average is 6.0%.

Pike Creek has seen the job market decrease by -5.0% 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 Pike Creek
- The Sales Tax Rate for Pike Creek is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Pike Creek 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 Pike Creek
- The average income of a Pike Creek resident is $63,523 a year. The US average is $37,638 a year.
- The Median household income of a Pike Creek resident is $131,603 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyPike Creek, DelawareUnited States
  6.56
  -5.0%-6.2%
  32.9%33.5%
  0.0%6.2%
  5.6%4.6%
  $63,523$37,638
  $131,603$69,021
  $165,417$85,028
  Population by Occupation
  0.0%1.2%
  0.0%0.5%
  2.1%6.8%
  7.6%10.0%
  2.9%2.5%
  11.7%11.0%
  4.0%4.8%
  1.2%0.8%
  0.9%1.9%
  14.3%4.7%
  2.4%1.9%
  12.5%7.6%
  0.9%0.1%
  2.1%4.2%
  8.7%9.3%
  15.9%14.0%
  2.0%2.1%
  5.7%7.0%
  1.7%4.8%
  3.6%4.7%
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