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Home » United States » How wealthy is Delaware?

How wealthy is Delaware?

December 14, 2021 by Bridget Gibson

Delaware is the ninth-richest state in the United States of America, with a per capita income of $23,305 (2000) and a personal per capita income of $32,810 (2003).

Contents

What is the richest town in Delaware?

North Star
The richest town in Delaware is North Star. North Star, Delaware, is 30 miles outside of Philadelphia, Pennsylvania. The cost of living in North Star is 29.3% higher than the national average.

How many millionaires are in Delaware?

List

Rank State Number of millionaire households
43 District of Columbia 29,506
44 Rhode Island 28,165
45 Delaware 25,937
46 Montana 23,785

What is the richest state in the US?

This Is the Richest State in the U.S., According to Data

  • New Hampshire.
  • Washington.
  • Connecticut.
  • California. Median household income: $80,440.
  • Hawaii. Median household income: $83,102.
  • New Jersey. Median household income: $85,751.
  • Massachusetts. Median household income: $85,843.
  • Maryland. Median household income: $86,738.

What is middle class income in Delaware?

Popular Articles

State Middle-class income Median household income
Delaware $60,015 $70,176
Montana $59,496 $57,153
Minnesota $58,903 $74,593
Idaho $58,866 $60,999

Is Delaware a poor state?

poverty rate was 11.8%, which is lower than the rate of 13.4% throughout the United States as a whole. When compared to other states in the region, Delaware’s poverty rate was higher than the five year poverty rates for either Maryland (9.2%), or New Jersey (10.0%), but lower than Pennsylvania (12.4%).

Is Delaware poor?

Delaware – Poverty rate 2000-2019
This statistic shows the poverty rate in Delaware from 2000 to 2019. In 2019, about 11.3 percent of Delaware’s population lived below the poverty line.

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How many billionaires live in Delaware?

Table

Rank by Number of Billionaires (9/15/20) State or Federal District Billionaires/ State’s 10M pop. (7/19 Census) (9/15/20)
45 Alabama 0.00
45 Delaware 0.00
52 * Unknown State(s) —-
53 Total United States 19.56

Are people in Delaware rich?

One of the country’s least populous states, Delaware is not home to any billionaires, and brother and sister Elizabeth Snyder and Robert Gore tie as the state’s wealthiest person.

What is the poorest city in Delaware?

Wilmington holds the title of poorest city in Delaware by default, since it’s the only city in the Diamond State included in the analysis. However, Wilmington’s poverty rate almost triples that of the state. Household income in Wilmington is more than $20,000 below par for Delaware.

What is America’s poorest state?

Poorest U.S. States

  1. Mississippi. Mississippi is the poorest U.S. state.
  2. West Virginia. West Virginia is the second-poorest U.S. state, with a $48,850 median household income and a poverty rate of 17.54%.
  3. Louisiana. Lousiana is the third-poorest state.
  4. Arkansas. The fourth-poorest state in the U.S. is Arkansas.
  5. New Mexico.

Which state is poorest in USA?

New Hampshire
States, federal district, and territories

Rank State Supplemental Poverty Measure (2017–2019 average) (Geographically Adjusted)
– United States 11.7%
1 New Hampshire 8.3%
2 Utah 8.0%
3 Maryland 12.0%

Which state has the best economy?

Utah
State Economy Rankings

Overall Rank State Total Score
1 Utah 78.28
2 Washington 72.04
3 California 66.83
4 Massachusetts 65.74

What is a good salary in Delaware?

Average Salary in Delaware

Annual Salary Hourly Wage
Top Earners $84,667 $41
75th Percentile $69,615 $33
Average $62,390 $30
25th Percentile $46,567 $22
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Is $40 000 a year middle class?

Pew defines “middle class” as a person earning between two-thirds and twice the median American household income, which in 2019 was $68,703, according to the United States Census Bureau. That puts the base salary to be in the middle class just shy of $46,000.

What salary is considered rich?

With a $500,000+ income, you are considered rich, wherever you live! According to the IRS, any household who makes over $470,000 a year in 2021 is considered a top 1% income earner.

Is Delaware expensive to live?

What Is Delaware’s Cost of Living? While Delaware’s does have a low cost of living compared to the region, it is still roughly 13% higher than the national average. It’s average income, though, is high enough to place it in the nation’s top 10 for that category.

What are the benefits of living in Delaware?

Other benefits of Delaware living:

  • Delaware Named Most Tax-Friendly State and Most Tax-Friendly State for Retirees by Kiplinger’s Personal Finance Magazine.
  • Social Security benefits are not taxed.
  • No state or local sales tax.
  • No inheritance tax.
  • No personal property tax.

What is Delaware main industry?

The major economic enterprise is manufacturing, especially chemicals. Wilmington boasts of being the chemical capital of the world because it is the administrative and research centre of several chemical companies: DuPont, Hercules, and AstraZeneca.

What is the racial makeup of Delaware?

In Delaware in 2019, 9.6% of the total population was Hispanic, 61.7% were white, 22.0% were black, 0.3% were American Indian/Alaska Native and 4.1% were Asian/Pacific Islander. The demographic distribution of women and children in a state, county or city can have an impact on the rates of birth outcomes in that area.

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What rank is Delaware in education?

Delaware Rankings

Higher Education #20
Pre-K – 12 #22

Filed Under: United States

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About Bridget Gibson

Bridget Gibson loves to explore the world. A wanderlust spirit, Bridget has journeyed to far-off places and experienced different cultures. She is always on the lookout for her next adventure, and she loves nothing more than discovering something new about life.

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