New Castle County, DE
FIPS: 10003
Median HAM
8.5x
Elevated
Jul 2023
Minimum HAM
16.6x
Very High
Jan 2026
HAM Burden
99%
High
Dec 2025
Not enough historical data to show a trend chart for this county.
Economic Profile
BEA GDP data (2024)
GDP Per Capita
$133,102
National avg: ~$82,000
Total GDP
$76.0B
Thousands of current $
Population
570,719
2020 Census
Top Industries by GDP
Finance and insurance30.2%
Real estate and rental and leasing18.4%
Health care and social assistance7.5%
Government and government enterprises7.2%
Professional, scientific, and technical services7.1%
Data Breakdown
Median HAM
Data as of Jul 2023
Median Home Price
$329,800
Census ACS
Gross Median Income
$49,061
Census ACS
Net Median Income
$38,706
Calculated
Median HAM
8.52x
Minimum HAM
Data as of Jan 2026
Median Home Price
$376,313
Redfin
Min Wage (Hourly)
$13.25/hr
State labor data
Net Min Wage Income
$22,613
Calculated
Minimum HAM
16.64x
HAM Burden
Data as of Dec 2025
Monthly Rent
$1,871
Zillow ZORI
Min Wage (Hourly)
$13.25/hr
State labor data
Monthly Net Min Wage
$1,884
Calculated
HAM Burden
99.3%
Methodology: HAM = Home Price / Net Annual Income. Net income assumes single filer, standard deduction, 2,080 hrs/yr for minimum wage. Federal + state tax + FICA deducted. Home price source priority: Zillow ZHVI > Redfin > Census ACS.