Places/DE/New Castle County, DE
County profile

New Castle County, DE

United States · GDP 2024
#71 of 3,127 US counties by GDP74th-percentile growthmore diversified than 97% of counties
EA Place Score
methodology in progress
GDP 2024 (USD)
$76.0B
BEA · 2024
GDP growth (YoY)
+6.6%
BEA · 2024
Jobs tracked
306,745
Census CBP · 2023
Employers
17,855
Census CBP · 2023
Avg. wage
$77.1k
BLS QCEW · 2023
Population
588,026
Census PEP · 2025
Labor, income & education
Unemployment
4.8%
Median HH income
$91.2k±$1.8k
Bachelor's degree+
39.7%±0.8%
Poverty rate
10.1%±0.6%
Business applications
28,427 · 2025
Retail establishments
2,000
34.1/10k pop
Industry mix · employment
Health care25%
Finance & insurance20%
Retail trade19%
Professional services15%
Food & accommodation13%
Admin & support9%
share of top-6 sector employment · CBP 2023
Population & migration
Census PEP · 20202025
588,026
residents · 2025 · +3.0% since 2020
Income per capita $69.6k · BEA 2024
COMPONENTS OF CHANGE · 20212025
Domestic migration+1,492
International migration+13,281
Natural change+2,285

GDP trend

20192024 · nominal
$55.5B
2019
$54.9B
2020
$58.1B
2021
$67.7B
2022
$71.3B
2023
$76.0B
2024

Real estate & risk

FHFA · ACS · FEMA
Median home value
$352.2k±$3.8k
Median gross rent
$1.4k/mo±$22/mo
Vacancy rate
5.0%±0.4%
Affordability
4.6× wages
Residential permits
$168.5M
1,322 units · 2.2/1k pop
FEMA risk score
95.3
HUD Fair Market Rent (2BR):$1.8k/mo · 2026
TOP PERILS · FEMA NRI
Winter weather 99Heat wave 95Cold wave 93
FHFA HOUSE PRICE INDEX · 20162025
524
2016
532
2017
551
2018
571
2019
590
2020
651
2021
736
2022
805
2023
859
2024
884
2025
RESIDENTIAL PERMITS · 20212025
-27% since 2021
1,822
2021
1,191
2022
526
2023
1,586
2024
1,322
2025

Transport access

BTS · FAA · USACE
Nearest interstate
9.6 km
I-95
Nearest freight rail
0.4 km
NS
Nearest port
4.7 km
PBF ENERGY, DELAWARE CITY REFINERY, PIER NO. 3
Nearest commercial airport
11.6 km
NEW CASTLE
Waterborne tonnage, host port(s) (CY2023):7,445,983 short tons/yr · Wilmington, DE
Wage trend
BLS QCEW · 20192023
$77.1k
avg. annual pay · +18% since 2019
Nearby & same-state counties
by GDP rank
Sussex$23.4BKent$11.7B
The read

What is the GDP of New Castle?

New Castle's economy produced $76.0B in 2024, growing 6.6% year over yearfaster than most US counties. Its largest employment sector is health care.

GDP: BEA (2024), USD-normalized · Jobs/employers/wages & industry mix: Census CBP (2023) · Population & migration: Census PEP · Income: BEA CAINC1 · Companies: SEC EDGAR + FMP, by HQ.