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EconPulse

Local economy signal dashboard

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COUNTYThriving

New Castle County, DE

Thriving overall. Federal Funds is the clearest support signal, while jobs needs the most attention. Housing reads as affordable for a median-income household.

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Overall score73out of 100
Compare
85
60
71
73
95

Population

577,961

Data freshness

Unknown

GDP / Output

+6.6% YoY

85

$76.0B

Output changed +6.6% in 2024.

Vintage date unknown

State growth7.4%
U.S. growth5.3%

Jobs

Unemployment rate

60

4.1%

Unemployment is 4.1% for May 2026.

Vintage date unknown

State avg4.9%
U.S. avg4.2%

Population

+3.5% 5-year

71

577,961

Population moved +3.5% over the latest ACS window.

Vintage date unknown

State population1,021,191
U.S. population334,922,499

Housing

Rent share of income

73

19.1%

Median rent consumes 19.1% of median household income: Affordable.

Vintage date unknown

State rent$1.4K
U.S. rent$1.4K
HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

Federal Funds

$7.5K per resident

95

$4.3B

$4.3B in federal obligations flowed here in FY2025.

Vintage date unknown

State total$12.2B
U.S. total$5.3T

Population and output

Trend Snapshot

Reported share

Industry Breakdown

FY2025

Federal Money

Federal obligations

$4.3B

$7.5K per resident in reported federal flow.

Top agencies

Dollars
1. Social Security Administration$3.0B
2. Department of Veterans Affairs$278.0M
3. Department of Health and Human Services$202.9M

Top recipients

Dollars
1. UNIVERSITY OF DELAWARE$186.3M
2. TRANSPORTATION, DELAWARE DEPARTMENT OF$136.7M
3. DIAMOND STATE PORT CORPORATION$127.5M

Affordable

Housing Affordability

19.1%

of median income

1BR estimate$1,187
2BR estimate$1,564
Median income$91,166
Median home value$352,200

ACS context

Quick Facts

Population

577,961

Median age

39.3

Bachelor's degree+

39.7%

Poverty rate

10.1%

Labor force participation

65.7%

Prime rate

6.8%

CPI YoY

+3.2%

U.S. GDP YoY

+6.1%

Sources and warnings

Data Provenance

Census ACS 5-year

2024

BLS LAUS / CPS

May 2026

BEA regional CAGDP1

2024

USAspending

FY2025

FRED

2026-07-22

HUD Fair Market Rent

Latest available

Data notes
  • HUD_API_TOKEN missing; ACS median gross rent is used as the housing affordability fallback.

5-year compound growth

Historical Trends

Population CAGR

+0.7%

GDP CAGR

+6.7%

Federal flow

5 years

Population (5 years)
2020558,306
2021567,769
2022570,567
2023573,030
2024577,961
GDP (5 years)
2020$54.9B
2021$58.1B
2022$67.7B
2023$71.3B
2024$76.0B

2-year linear forecast

Predictive Outlook

Population forecast

2024577,961
2025582,898 *
2026587,355 *

R² = 93.1% · * projected

GDP forecast

2024$76.0B
2025$82.2B *
2026$87.7B *

R² = 97.2% · * projected

Linear regression over available historical data. Projections are estimates based on past trends and do not account for policy changes, economic shocks, or other external factors.

housing affordability breakdown

Cost of Living

Median household income$91,166/yr
Median rent$1,448/mo
Rent share of income19.1%
Est. mortgage (30yr, 6.5%)$21,371/yr
Mortgage share of income23.4%

Rent data from Census ACS 5-year. Mortgage estimate assumes 20% down, 6.5% APR, 30-year fixed.

employment snapshot

Job Market

Unemployment rate4.1%
State avg4.9%
U.S. avg4.2%
Labor force participation65.7%
Poverty rate10.1%

Data from BLS LAUS / CPS. May 2026.

valuation snapshot

Real Estate

Median home value$352,200
Median monthly rent$1,448
Price-to-rent ratio20.3x

High price-to-rent ratio — renting may be more economical than buying in this market.

composite score

Investment Climate

Investment climateStrong
Composite score73/100
Economic growth85/100
Labor market60/100
Population momentum71/100
Overall stability73/100

Composite score weighs economic growth, labor market health, population momentum, and overall stability. Not financial advice.

Location Context

New Castle County, Delaware

County

Part of

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Nearby locations

St. Georges, DEDelaware City, DEBear, DEPort Penn, DEGlasgow, DE