Workforce
Wilmington is central to everything, including 100 of the nation’s top universities. The city offers close proximity to Philadelphia, DC and NYC, making it possible to recruit top talent from throughout the east coast. In addition, the MSA has a large labor pool of 6+ million people, including the nation’s fourth highest concentration of health, science and engineering Ph.D.’s. Common employment sectors for those who live in Wilmington are FinTech, legal, logistics and professional services, including engineering and technical.
The cost of living in Wilmington is also lower than the national average, creating an opportunity for employees who want to work in Wilmington and play here as well. The median household income is upward of $40,221 and is on a .389% growth rate. Businesses benefit from the strength of the regional workforce along with opportunities for ongoing workforce training.
Top Industries
Wilmington is leading the way in service industries such as FinTech, health care, banking, trade, and manufacturing. These industries remain Wilmington's largest employers. Utilizing the metro MSA of 6+ million workers, Wilmington’s workforce is dedicated to making an impact in the community’s rich history, culture, and diversity.
Key Facts
- Workforce of 6+ million people in our Metro MSA (made up of Philadelphia, Camden, Wilmington, PA-NJ-DE-MD)
- $400-billion regional investment
- $40,221 median household income (.389% growth rate)
- 65% of Fortune 500 companies are registered in Delaware
- I-95 and Amtrak make it easy to reach major markets on the East Coast
- Reach Philadelphia in 20-minutes, Baltimore in 45-minutes, NYC and DC in 1 ½ hours by train
- Regional GDP of 2.95 trillion dollars in 2016
- Hot spot for destination travel by train
- 21.2 minute average commute time
- Drove Alone (67.8%), followed by those who use Public Transit (12.2%)
- Philadelphia International Airport within 24 minutes
Major Markets include
- Philadelphia
- Washington DC
- New York
- Baltimore
- Allentown
Development
The City of Wilmington places a high focus on planned development and have invested $400-billion developing and making improvements into the region. The quaint downtown has 1,500 new market-rate housing loft units, new shopping retail, live music and exciting dining opportunities.
Employment
The City of Wilmington is well diversified and has over 30,000+ employees and is projecting to increase in the future. Known for its booming futuristic yet historic downtown that runs along the Christina and Delaware Rivers, Wilmington hosts major employers such as: