Editing Delaware (section)

==Economy==
{{See also|Economy of Delaware|Delaware locations by per capita income}}
{{For|taxes|#Taxation}}

===Affluence===
{| class="wikitable" style="float: right; margin: 10px"
|+ Average sale price for new and existing homes (in U.S. dollars)<ref name="er2011">{{cite news |title=Delaware housing: Home prices slide in all three counties; sales in NCCo, Kent down from year ago |first=Eric |last=Ruth |url=http://www.delawareonline.com/article/20110416/BUSINESS/104160310/-1/NLETTER01/Home-prices-slide-in-all-three-counties--sales-in-NCCo--Kent-down-from-year-ago |newspaper=[[The News Journal]] |location=Delaware |date=April 15, 2010 |at=Delaware Online |access-date=March 31, 2014 |archive-url=https://web.archive.org/web/20140403234128/http://www.delawareonline.com/article/20110416/BUSINESS/104160310/-1/NLETTER01/Home-prices-slide-in-all-three-counties--sales-in-NCCo--Kent-down-from-year-ago |archive-date=April 3, 2014 |url-status=live }}{{subscription required}}</ref>
|-
!DE County!!March 2010!!March 2011
|-
|New Castle||229,000||216,000
|-
|Sussex||323,000||296,000
|-
|Kent||186,000||178,000
|}

According to a 2020 study by Kiplinger, Delaware had the 17th most millionaires per capita in the United States; altogether, there were 25,937 such individuals. The median income for Delaware households as of 2020 was $64,805.<ref>{{Cite web|title=Millionaires in America 2020: All 50 States Ranked|url=https://www.kiplinger.com/slideshow/investing/t006-s001-millionaires-america-all-50-states-ranked/index.html|access-date=February 21, 2021|website=Kiplinger|date=May 27, 2020 }}</ref><ref name="frank2014">{{cite news |last=Frank |first=Robert |title=Top states for millionaires per capita |date=January 15, 2014 |url=https://www.cnbc.com/2014/01/15/top-states-for-millionaires-per-capita.html |work=[[CNBC]] |at=CNBC.com |access-date=October 28, 2016 |archive-url=https://web.archive.org/web/20140122061516/http://www.cnbc.com/id/101338309 |archive-date=January 22, 2014 |url-status=live }}</ref>

===Agriculture===
[[File:Peach delaware.jpg|thumb|''Picking Peaches in Delaware'', an illustration in an 1878 issue of ''[[Harper's Weekly]]'']]
Delaware's agricultural output consists of poultry, nursery stock, [[soybeans]], dairy products and [[maize|corn]].

===Industries===
{{as of|2019|October|}}, the state's unemployment rate was 3.7%.<ref name="ktdidit">{{cite web |url=http://www.bls.gov/eag/eag.de.htm |title=Delaware Economy at a Glance |format=database report |publisher=United States Department of Labor, Bureau of Labor Statistics |access-date=March 10, 2015 |archive-url=https://web.archive.org/web/20150315161346/http://www.bls.gov/eag/eag.de.htm |archive-date=March 15, 2015 |url-status=live }}</ref>

The state's largest employers are:{{citation needed|date=October 2022}}
* government (State of Delaware, New Castle County)
* education ([[University of Delaware]], [[Delaware Technical Community College]])
* banking ([[Bank of America]], [[M&T Bank]], [[JPMorgan Chase]], [[Citigroup]], [[Deutsche Bank]])
* chemical, pharmaceutical, technology ([[DuPont|DuPont de Nemours Inc.]], [[AstraZeneca]], [[Syngenta]], [[Agilent Technologies]])
* healthcare ([[ChristianaCare]] ([[Christiana Hospital]]), [[Bayhealth Medical Center]], [[Nemours Children's Hospital, Delaware]])
* farming, specifically chicken farming in Sussex County ([[Perdue Farms]], [[Mountaire Farms]], [[Allen Family Foods]])
* retail ([[Walmart]], [[Walgreens]], [[Acme Markets]])

====Industrial decline====

Since the mid-2000s, Delaware has seen the departure of the state's automotive manufacturing industry ([[General Motors]] [[Wilmington Assembly]] and [[Chrysler]] [[Newark Assembly]]), the corporate buyout of a major bank holding company ([[MBNA]]), the departure of the state's steel industry ([[Evraz Claymont Steel]]), the bankruptcy of a fiber mill ([[National Vulcanized Fiber]]),<ref>{{cite web|url=http://www.delawareonline.com/picture-gallery/news/2015/04/22/national-vulcanized-fibre-corp-site-in-yorklyn/26175401/|access-date=December 12, 2015|title=National Vulcanized Fibre Corp. site in Yorklyn|archive-url=https://web.archive.org/web/20180803220420/https://www.delawareonline.com/picture-gallery/news/2015/04/22/national-vulcanized-fibre-corp-site-in-yorklyn/26175401/|archive-date=August 3, 2018|url-status=live}}</ref> and the diminishing presence of [[AstraZeneca]] in Wilmington.<ref>{{cite web|url=http://www.delawareonline.com/story/money/business/2015/11/19/astrazeneca-lays-off-workers-delaware-headquarters/76048454/|title=AstraZeneca lays off workers at Delaware headquarters|access-date=December 12, 2015|archive-url=https://web.archive.org/web/20160205095218/http://www.delawareonline.com/story/money/business/2015/11/19/astrazeneca-lays-off-workers-delaware-headquarters/76048454/|archive-date=February 5, 2016|url-status=live}}</ref><ref>{{cite web|url=http://www.delawareonline.com/story/money/business/2015/02/20/delaware-officials-concerned-astrazeneca-dupont-threats/23763597/|title=Delaware officials concerned about AstraZeneca, DuPont threats|access-date=December 12, 2015|archive-url=https://web.archive.org/web/20160205095218/http://www.delawareonline.com/story/money/business/2015/02/20/delaware-officials-concerned-astrazeneca-dupont-threats/23763597/|archive-date=February 5, 2016|url-status=live}}</ref>

In late 2015, DuPont announced that 1,700 employees, nearly a third of its footprint in Delaware, would be laid off in early 2016.<ref>{{cite web|title=DuPont to cut 1,700 jobs in Delaware in January|date=December 29, 2015 |url=http://www.philly.com/philly/blogs/inq-phillydeals/DuPont-to-cut-1700-jobs-in-Delaware-this-winter.html|access-date=December 29, 2015|archive-url=https://web.archive.org/web/20151231231119/http://www.philly.com/philly/blogs/inq-phillydeals/DuPont-to-cut-1700-jobs-in-Delaware-this-winter.html|archive-date=December 31, 2015|url-status=live}}</ref> The merger of [[DuPont (1802–2017)|E.I. du Pont de Nemours & Co.]] and [[Dow Chemical Company]] into [[DuPont|DowDuPont]] took place on September 1, 2017.<ref>{{cite web|title=DuPont merger called 'catastrophic' for Delaware|url=http://www.newsworks.org/index.php/local/delaware/89056-dupont-merger-called-catastrophic-for-delaware|access-date=December 12, 2015|archive-url=https://web.archive.org/web/20151217064717/http://www.newsworks.org/index.php/local/delaware/89056-dupont-merger-called-catastrophic-for-delaware|archive-date=December 17, 2015|url-status=dead}}</ref><ref>{{cite web|title=DuPont merger: A 'sad day' for Delaware|url=http://www.delawareonline.com/story/news/2015/12/11/dupont-and-dow-combine-merger/77138022/|access-date=December 12, 2015|archive-url=https://web.archive.org/web/20160131030704/http://www.delawareonline.com/story/news/2015/12/11/dupont-and-dow-combine-merger/77138022/|archive-date=January 31, 2016|url-status=live}}</ref><ref>{{cite web|title=DuPont-Dow merger 'catastrophic' for Delaware|url=http://www.bizjournals.com/philadelphia/news/2015/12/11/dupont-dow-merger-catastrophic-delaware-markell.html|access-date=December 12, 2015|archive-url=https://web.archive.org/web/20151231231119/http://www.bizjournals.com/philadelphia/news/2015/12/11/dupont-dow-merger-catastrophic-delaware-markell.html|archive-date=December 31, 2015|url-status=live}}</ref><ref>{{cite web|title=Chemours will lay off 400, including some in Delaware|url=http://www.delawareonline.com/story/news/2015/11/30/chemours-lays-off-400-workers-including-some-delaware/76580028/|access-date=December 12, 2015|archive-url=https://web.archive.org/web/20160203144602/http://www.delawareonline.com/story/news/2015/11/30/chemours-lays-off-400-workers-including-some-delaware/76580028/|archive-date=February 3, 2016|url-status=live}}</ref>

===Incorporation in Delaware===

{{Main|Delaware General Corporation Law}}

More than half of all U.S. publicly traded companies, and 63% of the [[Fortune 500]], are [[Incorporation (business)|incorporated]] in Delaware.<ref>{{cite web| url = http://corp.delaware.gov/| title = Delaware Division of Corporations| publisher = Government of DE| access-date = June 10, 2012| archive-url = https://web.archive.org/web/20110810011523/http://corp.delaware.gov/| archive-date = August 10, 2011| url-status = live}}</ref> The state's attractiveness as a [[corporate haven]] is largely because of its business-friendly [[Delaware General Corporation Law|corporation law]]. [[Franchise tax]]es on Delaware corporations supply about a fifth of the state's revenue.<ref name="DEFiscalNotebook">{{cite web|url=http://finance.delaware.gov/publications/fiscal_notebook_07/Section02/sec2page24.pdf |title=Delaware 2007 Fiscal Notebook—State General Fund Revenues by Category (F.Y. 2002–2005) |access-date=August 17, 2011 |url-status=dead |archive-url=https://web.archive.org/web/20110816093426/http://finance.delaware.gov/publications/fiscal_notebook_07/Section02/sec2page24.pdf |archive-date=August 16, 2011 }}</ref> Although "USA (Delaware)" ranked as the world's most opaque jurisdiction on the [[Tax Justice Network]]'s 2009 Financial Secrecy Index,<ref>{{Cite news |title = Financial Secrecy Index |publisher = Tax Justice Network |date = November 1, 2009 |url = http://www.financialsecrecyindex.com/Archive2009/FSI-2009/FSI%20-%20Rankings%20-%202009.pdf |access-date = June 24, 2015 |archive-url = https://web.archive.org/web/20150626125234/http://www.financialsecrecyindex.com/Archive2009/FSI-2009/FSI%20-%20Rankings%20-%202009.pdf |archive-date = June 26, 2015 |url-status = dead }}</ref> the same group's 2011 Index ranks the U.S. fifth and does not specify Delaware.<ref>{{cite news|title = Financial Secrecy Index|publisher = Tax Justice Network|date = October 4, 2011|url = http://www.financialsecrecyindex.com/Archive2011/FSI-2011/FSI-Rankings.pdf|access-date = June 24, 2015|archive-url = https://web.archive.org/web/20150404031914/http://www.financialsecrecyindex.com/Archive2011/FSI-2011/FSI-Rankings.pdf|archive-date = April 4, 2015|url-status = dead}}</ref> In Delaware, there are more than a million registered corporations,<ref>{{cite web |url=http://corp.delaware.gov/ |title=State of Delaware—Division of Corporations |access-date=June 10, 2012 |archive-url=https://web.archive.org/web/20110810011523/http://corp.delaware.gov/ |archive-date=August 10, 2011 |url-status=live }}</ref> meaning there are more corporations than people.

===Food and drink===

[[s:Delaware Code/Title 4/Chapter 7|Title 4, chapter 7 of the Delaware Code]] stipulates that alcoholic liquor be sold only in specifically licensed establishments, and only between 9:00{{spaces}}a.m. and 1:00{{spaces}}a.m.<ref name="delcode4-8">{{cite web|url=http://delcode.delaware.gov/title4/c007/ |archive-date=June 26, 2013 |archive-url = https://web.archive.org/web/20130626194611/http://delcode.delaware.gov/title4/c007/|title = Chapter 7. Regulatory Provisions|access-date=September 13, 2011|website=Online Delaware Code|publisher=Delaware General Assembly}}</ref> Until 2003, Delaware was among the several states enforcing [[blue law]]s and banned the sale of liquor on Sunday.<ref name="nathans2011">{{cite news |last=Aaron |first=Nathans |title=Del. package stores hope to benefit from Md. tax |newspaper=The News Journal |location=New Castle, Delaware |date=July 9, 2011 |url=http://www.delawareonline.com/apps/pbcs.dll/article?AID=2011107100328 |archive-url=https://web.archive.org/web/20120821195354/http://www.delawareonline.com/apps/pbcs.dll/article?AID=2011107100328 |archive-date=August 21, 2012 |access-date=July 10, 2011 |url-status=live }}</ref>