Delaware

Income

According to the Bureau of Economic Analysis, in 2001, Delaware had a per capita personal income (PCPI) of $32,166 which ranked 13th in the United States (including the District of Columbia) and was 106% of the national average, $30,413. The 2001 PCPI reflected an increase of 3.5% from 2000 compared to the national change of 2.2%. In 2001, Delaware had a total personal income (TPI) of $25,623,568,000 which ranked 44th in the United States and accounted for 0.3% of the national total. The 2001 TPI reflected an increase of 4.8% from 2000 compared to the national change of 3.3%.

Earnings of persons employed in Delaware increased from $19,088,028,000 in 2000 to $19,959,326,000 in 2001, an increase of 4.6%. The largest industries in 2001 were services, 26.2% of earnings; finance, insurance, and real estate, 17.0%; and nondurable goods manufacturing, 14.1%. Of the industries that accounted for at least 5% of earnings in 2001, the slowest growing from 2000 to 2001 was nondurable goods manufacturing, which increased 1.8%; the fastest was finance, insurance, and real estate, which increased 10.4%.

According to data released by the US Census Bureau, in 2000, the median household income was $50,154 compared to the national average of $42,148. In 2001, the median income for a family of four was $73,301 compared to the national average of $63,278. For the period 1999 to 2001, the average poverty rate was 8.5% which placed it 11th among the 50 states and the District of Columbia ranked lowest to highest.