The infrastructure is first-rate in the First State. So's the economy. But costs are high and access to capital is poor.
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Delaware Score and Ranking
| Category | 2021 Score | 2021 Rank | 2019 Rank | 2021 Grade |
|---|---|---|---|---|
| Cost of Doing Business | 176 | 34 | 38 | C |
| Infrastructure | 227 | 8 | 31 | B+ |
| Life & Health | 160 | 35 | -- | D+ |
| Workforce | 203 | 14 | 24 | B- |
| Economy | 169 | 8 | 24 | A- |
| Business Friendliness | 133 | 13 | 33 | B+ |
| Access to Capital | 56 | 38 | 35 | D- |
| Technology & Innovation | 99 | 20 | 23 | B- |
| Education | 65 | 39 | 35 | D+ |
| Cost of Living | 24 | 35 | 35 | D |
| Overall | 1312 | 27 | 38 | -- |
Economic Profile
Governor: John C. Carney Jr., Democrat
Population: 986,809
GDP growth (Q1 2021): 5.6%
Unemployment rate (May 2021): 5.9%
Top corporate tax rate: 8.7%
Top individual income tax rate: 6.6%
Gasoline tax: 23 cents/gallon
Bond rating: (Moody's/S&P): Aaa, stable/AAA, stable
Major private employers: ChristianaCare, E.I. du Pont de Nemours and Company
Economic profile sources: U.S. Census Bureau, U.S. Bureau of Economic Analysis, U.S. Bureau of Labor Statistics, Federation of Tax Administrators, American Petroleum Institute (excluding 18.40 cent/gallon federal tax), Moody's Investor Service, S&P Global Market Intelligence
