Delaware Demography
Delaware, also known as the First State, is a small but vibrant state located on the East Coast of the United States. With a population of approximately 1,031,890 people, Delaware offers a close-knit community and a high quality of life. The state has experienced a steady annual growth rate of 10.25%, indicating a thriving population.
Out of the total population, there are 825,512 individuals who are over 18 years old, representing a significant market for various services and industries.
Delaware Business Landscape
Delaware boasts a strong and diverse business landscape, making it an attractive destination for entrepreneurs and companies. The state's GDP reached $94,116 million in 2023, with a growth rate of 6.5%. This indicates a robust and expanding economy.
Delaware also offers favorable corporate tax rates, with an 8.7% tax rate. This encourages businesses to establish their presence in the state and contribute to its economic growth.
As of 2024, there are 41,552 registered businesses in Delaware, showcasing a thriving business environment. The yearly change in the number of businesses is 1.8%, indicating a steady increase in entrepreneurial activity.
eCommerce Development Services Globally and in Delaware
The global market size of eCommerce Development services is estimated to be $1,492,308, with a growth rate of 2.6%. The United States holds a significant share of approximately 65% in this market, amounting to $970,000.
Delaware, being a part of the United States, benefits from this thriving eCommerce Development industry. The state provides a conducive environment for businesses in this sector to flourish and grow.
eCommerce Development Services in the US
The United States is a global leader in eCommerce Development services, with a substantial market share. The country's advanced technological infrastructure, skilled workforce, and supportive business environment contribute to its dominance in this industry.
Delaware, as a state within the US, offers a competitive landscape for eCommerce Development services. Businesses in Delaware can leverage the resources and expertise available in the country to deliver high-quality services to their clients.
Top Delaware Cities: Economic Insights
Delaware is home to several key cities that contribute significantly to the state's economy. These cities serve as economic hubs and offer various opportunities for businesses in the eCommerce Development sector.
Wilmington, the largest city in Delaware, has a population of approximately 70,166 people. It is a major financial center and hosts numerous corporations, making it an ideal location for eCommerce Development services.
Dover, the capital of Delaware, has a population of around 38,079 people. It is known for its government and administrative services, providing a unique market for eCommerce Development agencies.
Newark, with a population of approximately 33,858 people, is home to the University of Delaware. This city offers a vibrant and youthful market for eCommerce Development services, fueled by the presence of a large student population.
eCommerce Development Price in Delaware
When it comes to pricing, eCommerce Development agencies in Delaware offer a range of options to cater to different budgets and project requirements.
According to Qualified.One statistics, the breakdown of project budgets in Delaware is as follows:
- 31.4% of projects have a budget below $10,000
- 38.9% of projects have a budget between $10,000 and $50,000
- 20.9% of projects have a budget between $50,000 and $200,000
- 1.3% of projects have a budget between $200,000 and $1 million
- 0.2% of projects have a budget between $1 million and $10 million
- 0.2% of projects have a budget over $10 million
On average, the size of an eCommerce Development project in Delaware is $58,073, indicating the range of services and expertise available in the state.
Summary of eCommerce Development Market in Delaware
| Delaware Population | 1,031,890 |
|---|---|
| Annual Population Growth Rate | 10.25% |
| Population over 18 years old | 825,512 |
| Delaware GDP (2023) | $94,116 million |
| GDP Growth Rate | 6.5% |
| Corporate Tax | 8.7% |
| Number of Registered Businesses (2024) | 41,552 |
| Yearly Change in Number of Businesses | 1.8% |
| Global Market Size of eCommerce Development Services | $1,492,308 |
| Share of the United States in the Market | 65% |
| Pricing of eCommerce Development Agencies in Delaware | Average project size: $58,073 |