What are the cons of living in Delaware?

List of the Cons of Living in DelawareYou will need to content with a high population density when living here. Delaware is dealing with a shortage of doctors. The cost of living in Delaware is higher than the rest of the United States. There are rising housing costs to consider before moving to Delaware.More items •14 Jun 2019

How boring is Delaware?

The First State cant get a break. According to Internet stereotypes, Delaware is the most boring state in the U.S., The Huffington Post reports today. So, apparently, Delaware (tied with Nebraska) is as dull as ditchwater, but it could be worse.

Is Delaware a good state to live?

Delawares scenic beauty, low taxes and affordable housing make this tiny state a wonderful place to live, work and play. Increasing numbers of people – from young couples to retirees – have discovered the wide-ranging benefits of Delaware living.

Where does Delaware rank in crime?

When it comes to safe and dangerous cities, Newark, the 3rd biggest city in Delaware, ranked as the safest city in the state with a 2562.9 crime rate per 100,000 people .Crime Stats In Delaware.Rank3CityElsmere Previous rank: 1Population6,149Total Crime Rate Per 100,000 Inhabitants2,9114 more columns

Is Delaware a cheap state?

An amount below 100 means Delaware is cheaper than the US average .Delaware cost of living is 102.7.COST OF LIVINGDelawareUnited StatesOverall102.7100Grocery105.9100Health115.7100Housing100.31004 more rows

Is Delaware expensive to live?

An amount below 100 means Delaware is cheaper than the US average. A cost of living index above 100 means Delaware, Delaware is more expensive .Delaware cost of living is 102.7.COST OF LIVINGDelawareUnited StatesOverall102.7100Grocery105.9100Health115.7100Housing100.31004 more rows

Is Delaware safe to live?

2021 Delaware crime rates Delaware has the lowest population in the South Atlantic region with only 973,000 people. So while The Blue Hen state had fewer instances of property and violent crime, its crime rates per 1,000 residents made it the third highest in violent crime and fourth in property crime in the region.

Is Delaware a cheap place to live?

An amount below 100 means Delaware is cheaper than the US average .Delaware cost of living is 102.7.COST OF LIVINGDelawareUnited StatesOverall102.7100Grocery105.9100Health115.7100Housing100.31004 more rows

Why is Delaware so rich?

The financial industry made up more than 38% of Delawares total GDP in 2011, far ahead of the next-highest-producing industry, real estate. Delawares business-friendly environment, with cheap incorporation fees and friendly corporate law, has made the state a haven for public companies.

How much money do you need to live comfortably in Delaware?

The group estimates a family of two adults and two children in Delaware County would need to earn a combined $93,136 per year — or $7,761 a month — to live comfortably.

Where should I not live in Delaware?

The 20 Worst Places to Live in DelawareNewark. Newark is a city in New Castle County in Delaware that has a population of more than 33,000 people. Elsmere. Elsmere is a suburb of Philadelphia in the Delaware Valley that has a population of 6,049. Smyrna. Camden. New Castle. Bridgeville. Georgetown. Harrington.More items

What is Delaware loophole?

Often referred to as the “Delaware loophole,” the accounting strategy enables huge corporations to declare certain types of revenue in the state where the company is incorporated rather than in the state where the business operates and the revenue is earned.

How much money do you need to live in Delaware?

Our cost of living indices are based on a US average of 100. An amount below 100 means Delaware is cheaper than the US average .Delaware cost of living is 102.7.COST OF LIVINGDelawareUnited StatesHealth115.7100Housing100.3100Median Home Cost$304,500$291,700Utilities105.21004 more rows

Is it cheaper to live in Delaware?

An amount below 100 means Delaware is cheaper than the US average .Delaware cost of living is 102.7.COST OF LIVINGDelawareUnited StatesOverall102.7100Grocery105.9100Health115.7100Housing100.31004 more rows

Why is Delaware a tax haven?

The state of Delaware falls into this category; it offers favorable tax treatment to certain categories of business, and it does not require companies to identify their beneficial owners when formed. For this reason, Delaware has become the mecca for many companies and corporations.