Zip 19807 (Wilmington, DE) Economy


Reviews



Download our custom City Report to see exclusive
data on cost of living, crime, climate, and more.
Wilmington, DE is a great place to live for those who love the hustle and bustle of city life. The 2 bedroom rent in Wilmington is $1,770 which is significantly higher than the US average of $1,430. Not only are rental prices expensive but so are groceries with an index of 116 versus 100 in the US. Despite the high costs of living in Wilmington, there are plenty of great opportunities for employment. Some local companies include DuPont, Bank of America, Christiana Care Health System and JPMorgan Chase & Co. The city also has an array of entertainment options including restaurants, nightlife and retail stores for residents to enjoy. This bustling city allows people to explore a variety of cultures while maintaining their own sense of style and lifestyle.

Wilmington (zip 19807) has an unemployment rate of 6.5%. The US average is 6.0%.

Wilmington (zip 19807) 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 Wilmington (zip 19807)
- The Sales Tax Rate for Wilmington (zip 19807) is 0.0%. The US average is 7.3%.
- The Income Tax Rate for Wilmington (zip 19807) 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 Wilmington (zip 19807)
- The average income of a Wilmington (zip 19807) resident is $100,515 a year. The US average is $28,555 a year.
- The Median household income of a Wilmington (zip 19807) resident is $124,918 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyWilmington, DelawareUnited States
  6.56
  -5.0%-6.2%
  32.9%33.5%
  0.0%6.2%
  5.6%4.6%
  $94,640$37,638
  $124,918$69,021
  $187,125$85,028
  Population by Occupation
  0.3%1.2%
  0.0%0.5%
  5.8%6.8%
  9.0%10.0%
  1.1%2.5%
  5.8%11.0%
  3.0%4.8%
  0.4%0.8%
  1.3%1.9%
  12.2%4.7%
  5.6%1.9%
  13.3%7.6%
  0.4%0.1%
  0.7%4.2%
  10.4%9.3%
  16.0%14.0%
  4.0%2.1%
  3.1%7.0%
  2.6%4.8%
  5.0%4.7%
Health