Pros and Cons of Living In Wilmington, Delaware. Is Wilmington, DE a Nice Place To Live or Retire?

Wilmington, Delaware

Moving to Wilmington In Delaware ? Is Wilmington, DE a Nice Place To Live? Pros and Cons of Living in Wilmington, Delaware. Find out the best and worst about to live, raise a family or retire in Wilmington.

Wilmington (Lenape: Paxahakink / Pakehakink) is the largest city in the U.S. state of Delaware. The city was built on the site of Fort Christina, the first Swedish settlement in North America. It lies at the confluence of the Christina River and Brandywine Creek, near where the Christina flows into the Delaware River. It is the county seat of New Castle County and one of the major cities in the Delaware Valley metropolitan area (synonymous with the Philadelphia metropolitan area). Wilmington was named by Proprietor Thomas Penn after his friend Spencer Compton, Earl of Wilmington, who was prime minister during the reign of George II of Great Britain.

As of the 2020 census, the city's population was 70,898. Wilmington is part of...

DEMOGRAPHICS

Population
70655
Unemployment
9.8%
109% NAT AVG.
Poverty
24.9%
78% NAT AVG.
Cost Of Living
103
3% NAT AVG.

ECONOMICS

Median Home Cost
$173500
24% NAT AVG.
Median Income
$45139
33% NAT AVG.
Median Rent
$1030
11% NAT AVG.
Overall Score
7

CRIME REPORT

Total Crime
3713
126% NAT. AVG.
121% STATE AVG.
Violent Crime
1115
310% NAT. AVG.
268% STATE AVG.
Property Crime
2598
89% NAT. AVG.
89% STATE AVG.

SOCIO-ECONOMICS

People Living Below BPL
1 in 4
Unemployed People
1 in 10
People Earning < $10,000
1 in 8
People Earning < $50,000
54.2%
People With Any Degree
1 in 2.8

ETHNICITY

Ethnicity Wilmington USA
White 28.4% 60.1%
African American 56.4% 12.2%
American Indian 0.2% 0.6%
Asian 1.3% 5.6%
Hawaiian 0% 0.2%
Multiracial 2.2% 2.8%
Hispanic 11.2% 18.2%
Other 0.3% 0.3%

HOUSEHOLD INCOME

HOUSEHOLD INCOME Wilmington USA
Less than $10,000 12.2% 5.8%
$10,000 to $14,999 6.7% 4.1%
$15,000 to $24,999 10.9% 8.5%
$25,000 to $34,999 12.3% 8.6%
$35,000 to $49,999 12.1% 12.0%
$50,000 to $74,999 15.7% 17.2%
$75,000 to $99,999 10.5% 12.8%
$100,000 to $149,999 9.7% 15.6%
$150,000 to $199,999 4.8% 7.1%

EDUCATION

Education Wilmington USA
< 9th Grade 1% 5.0%
9-12th Grade 9% 7.0%
High School or GED 38% 27.0%
Other College 16% 20.0%
Associate's Degree 6% 9%
Bachelor's Degree 17% 20.0%
Master's Degree 8% 9.0%
Professional Degree 3% 2.0%
Doctorate Degree 2% 1.0%
Wilmington is a city in Delaware state in USA with a population of 70655 residents.. The poverty rate of Wilmington is 24.9%, which is 78% higher than national average. The typical household in Wilmington earns $45139 a year, compared to the national median of $67,500. Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 8 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 54.2% of households earn less than $50,000 a year compared to 39% national rate. The unemployment rate of Wilmington remained 9.8%, which is 109% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.

Cost of living in Wilmington is 103, which is 3% higher than national average. In Wilmington, only 30% of adults have a bachelor's degree and 22% have some college but no degree. Median home value in Wilmington is $173500 , which is 24% lower than national average. While median income in Wilmington remained $45139, which is 33% lower than national average.
Wilmington Scorecard

Jobs40%

Housing80%

Affordability40%

Safety30%

Amenities100%

Diversity90%

Education80%

THANKS FOR READING

Read this story and other stories in details on our Website.