Zip 19806 (Wilmington, DE) Economy


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Wilmington, Delaware is a great place to live and work. The 2 bedroom rent in Wilmington is $1,410, which is less than the national average of $1,430. Grocery costs are also relatively inexpensive in Wilmington with an index score of 106 versus 100 for the US as a whole. Cost of living is further reduced by the presence of numerous local businesses that offer great bargains and discounts on everyday items. These include PNC Bank for financial services, Acme Markets for grocery needs, and Home Depot for tools and home improvement supplies. Living in Wilmington can be an affordable option with its low rental prices and competitively priced local products.

Wilmington (zip 19806) has an unemployment rate of 10.3%. The US average is 6.0%.

Wilmington (zip 19806) 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 28.8%, which is lower than the US average of 33.5%.

Tax Rates for Wilmington (zip 19806)
- The Sales Tax Rate for Wilmington (zip 19806) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington (zip 19806) is 7.9%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Wilmington (zip 19806)
- The average income of a Wilmington (zip 19806) resident is $58,349 a year. The US average is $28,555 a year.
- The Median household income of a Wilmington (zip 19806) resident is $74,464 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilmington, DelawareUnited States
  10.36
  -5.0%-6.2%
  28.8%33.5%
  0.0%6.2%
  6.8%4.6%
  $70,657$37,638
  $74,464$69,021
  $150,515$85,028
  Population by Occupation
  1.2%1.2%
  0.0%0.5%
  1.8%6.8%
  7.6%10.0%
  1.2%2.5%
  5.4%11.0%
  1.5%4.8%
  0.3%0.8%
  0.8%1.9%
  12.5%4.7%
  1.8%1.9%
  16.3%7.6%
  1.3%0.1%
  1.8%4.2%
  14.6%9.3%
  14.3%14.0%
  1.0%2.1%
  5.4%7.0%
  4.0%4.8%
  7.1%4.7%
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