MyNeighborhood

Can you afford to live in Wilmington?

Median household income, home values and rent in Wilmington, DE — how they've changed since 2015 and how much of a typical paycheck housing takes compared with the rest of the country.

U.S. Census Bureau, American Community Survey 5-year estimates.

This story was assembled using AI and public data sources.

What it costs to live in Wilmington.

Median household income: $55,269 — +36.6% since 2015 (not adjusted for inflation)

Median gross rent: $1,187/mo — +30.4% since 2015

Median home value, 2015 to 2023

  • 2015: 167500
  • 2023: 224500

Median household income

  • Wilmington: 55269
  • New Castle County: 89901
  • DE: 82855
  • U.S.: 78538

Median gross rent

  • Wilmington: 1187
  • New Castle County: 1379
  • DE: 1341
  • U.S.: 1348

Share of income a typical renter spends on rent: 31.4% — U.S.: 30.2%

What it means

The typical household here earns $55,269 — far lower than the national figure of $78,538.

The typical renter here spends 31.4% of household income on rent, above the 30% level housing agencies use to define cost burden.

Since 2015, income has kept pace with rent here (+36.6% versus +30.4%), before adjusting for inflation.

Sources

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