Why Delaware

Cost of Doing Business

Delaware's pro-business environment and low cost of living contribute to making the State an ideal place to operate a business.

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Delaware

Cost of Doing Business

Delaware has the Best Business Tax Climate in the Mid-Atlantic, as ranked by the Tax Foundation, and ranked first in economic output per job by the U.S. Chamber of Commerce.


Labor Costs
Delaware's average costs for employee compensations are the lowest in the South Atlantic division, according to the U.S. Bureau of Labor Statistics.


Average Wages

State Minimum Wage    $7.75
Median Hourly Wage    $17.94
Mean Hourly Wage    $23.68
Mean Total Wage    $49,260

Mean Total Wage by Sector

STEM:    $36.95
Agribusiness:    $16.29
Finance:    $33.97
Office & Admin Support:    $17.06
Healthcare:    $38.54

Tax Structure
Delaware's corporate income tax is 8.7%, and the State does not impose sales, VAT or inventory taxes. The state's property taxes are among the lowest in the country.











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