Hockessin: Economy & Jobs

Hockessin reports a median household income of $171,204 (1.9× higher than New Castle County median $91,166; 2.0× higher than Delaware median $84,954), with homes at a median value of $568,800. The surrounding county supports 303,806 jobs (avg $80,334).

Income & Affordability

Median household income $171,204 — above the Delaware median ($76,912). Poverty rate 1.5% (U.S. average ~12.5%). 49% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).

Affordability · Home Price To Income3.3×
Affordability · Home Affordabilitymoderate
Affordability · Rent Pct Income20.9%
Affordability · Rent Affordabilityaffordable
Affordability · Pct Severely Rent Burdened48.8%
Affordability · Poverty Rate1.5%
Affordability · Property Tax Pct Income2.6%
Irs Income · IRS tax returns filed$280,600
Irs Income · Total Adjusted Gross Income (thousands)$25,048,791
Irs Income · Average AGI per return$89,269 (at Delaware median)
Irs Income · Year2022
Income Estimate$196,788
Median Household Income$171,204 (vs Delaware $76,912) median_household_income: 2 observations from 2026-04-23 to 2026-04-23
Poverty Rate1.5%

Sources: IRS SOI 2022 · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Economic Character

Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.

Economic Character · Workforcewhite_collar
Economic Character · Top IndustryEducation Healthcare
Economic Character · Income Levelaffluent
Economic Character · Median Income$171,204

Employment & Workforce

Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.4% — below the U.S. average of ~4%. 22% work from home (U.S. average ~15%).

Commuter Profile · Mean Commute Min23.20
Commuter Profile · Work From Home Pct22.1%
Commuter Profile · Profileshort commute
Employment · Avg annual employment (county)303,806
Employment · Total annual wages (county)$24,405,857,939
Employment · Average annual pay$80,334
Employment · Year2024
State Occupation Wages · Year2023
State Occupation Wages · All Occupations · Soc Code00-0000
State Occupation Wages · All Occupations · TitleAll Occupations
State Occupation Wages · All Occupations · Employment469,280
Unemployment Rate1.4% (vs Delaware 4.1%)

Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023  ·  Refreshed 2026-04-12

Industry Sectors

Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.

Agriculture · Total Farms76
Agriculture · Land In Farms Acres11,305
Agriculture · Avg Farm Size Acres148.80
Agriculture · Top CommoditiesAnimal Totals, Crop Totals, Grain, Poultry Totals, Corn
Agriculture · Year2022
Business Patterns · Establishments (employer count)17,672
Business Patterns · Total Employees277,909
Business Patterns · Annual Payroll Thousands21,191,463
Business Patterns · Year2022

Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match

Local Business Mix

Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.

Local Businesses · Grocery Stores111
Local Businesses · Convenience Stores67
Local Businesses · Liquor Stores156
Local Businesses · Gas Stations101
Local Businesses · Department Stores10
Local Businesses · General Merchandise61
Local Businesses · Clothing Stores49
Local Businesses · Pet Stores30

Sources: Census CBP — NAICS detail codes

Dining Scene

Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.

Dining Scene · Full Service Restaurants439
Dining Scene · Fast Food497
Dining Scene · Bars49
Dining Scene · Coffee Snacks125

Sources: Census CBP NAICS 722

Banking

FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.

Branches (5)

TD Bank, National Association
HOCKESSIN BRANCH · 7330 Lancaster Pike · 19707
Citizens Bank, National Association
HOCKESSIN ACME BRANCH · 128 Lantana Dr · 19707
Manufacturers and Traders Trust Company
HOCKESSIN BRANCH · 151 Lantana Dr · 19707
Wilmington Savings Fund Society, FSB
LANTANA BRANCH · 6274 Limestone Rd · 19707
Wells Fargo Bank, National Association
PIKE CREEK BRANCH · 5801 Limestone Rd · 19707

SNAP & Food Access

USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.

Sample (5)

ACME 828
Supermarket · 128 Lantana Dr
Walgreens 11080
Other · 6317 Limestone Rd
Walgreens 11052
Other · 2012 Brackenville Rd
WAWA 842
Convenience Store · 605 Yorklyn Rd
Harvest Market
Other · 7417 Lancaster Pike
Nearest Snap · NameACME 828
Nearest Snap · Total In Area6

Sources: USDA SNAP API — state+city name match

Chamber of Commerce

IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.

Chamber Of Commerce · NameNEW CASTLE COUNTY CHAMBER OF COMMERCE

Sources: IRS EO BMF  ·  Refreshed 2026-04-12

Spending & Tax

Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).

Federal Spending · Federal Spending Fy2024$3,956,815,045
Federal Spending · Per Capita6,933.04 (at Delaware median)
Federal Spending · Population570,719 people (vs Delaware 13,439)

Sources: USAspending API

Other

Pct Drove Alone68.6%
Pct Public Transit3.6%
Pct Walked22.1%
Retirement Score · Median age46.3 years (vs Delaware 37.0y)
Retirement Score · Ss Household Pct42.2%
Retirement Score · Hospitals Nearby7
Retirement Score · Va AccessYes
Retirement Score · Factorsolder population, strong SS base, hospital access, VA nearby
Retirement Score · Ratingexcellent

Sources: Census ACS 5-Year 2023  ·  Refreshed 2026-04-12