Wilmington, DE
Houses in Wilmington
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Houses in Wilmington, Delaware
Wilmington is a city with a blend of almost everything. Found within a short drive from Philadelphia and midway between Washington D.C. and New York City, this city offers convenient and fast access to all the major destinations on the east coast. There are also plenty of numerous attractions and fantastic amenities, which make it a great place to live and work. You will also be moved by the warm and friendly community, which is composed of people from different backgrounds.
Wilmington offers you a chance to grow your career, expand your business, or raise a family. Both young and established professionals appreciate the beauty of Wilmington since it provides numerous employment opportunities. Therefore, invest in houses for sale in Wilmington, Delaware, and enjoy its perks.
History of Wilmington
History of Wilmington
Wilmington's rich history played a major role in shaping it into what it is today. The city was founded in March 1638, making it one of the oldest cities in the United States. It was incorporated as a city almost a century later in 1731. The city is built on the site of Fort Kristinehamn and Fort Christina, one of the earliest settlements in North America. Part of modern Wilmington encompasses early Swedish settlements such as Timber Island. Lenape, a group of Indian settlers, settled in the area now known as Wilmington in the early 18th century. During this period, Wilmington was a small village that was part of the larger New York territory. It also had a very small population until after the Civil War. The Civil War marked Wilmington's greatest economic growth. The state of Delaware, which remained part of the Union, was a border state and divided its support of both the Union and Confederate causes. The Civil War led to a massive demand for goods, most of which were supplied by Wilmington. The city supplied materials including railroad cars, ships, shoes, gunpowder, and ammunition. This saw the city's economy improve significantly. By 1868, Wilmington was the country's leading producer of iron ships. The city was also a top producer of leather, carriages, and gunpowder. Due to the city's massive success during the war, city manufacturers and merchants expanded its residential boundaries westwards. This was in the form of large homes built along tree-lined paths. Houses for sale in Wilmington, Delaware, were in high demand at this time as the city's population increased. Both World Wars also helped strengthen the city's economy. This is because Wilmington was home to industries that were vital to the war effort, including steel foundries, shipyards, chemical producers, and machinery. The city also had other industries that produced goods like leather products, automobiles, and clothing. These industries are responsible for the city's early development, with some of them still influencing today's economy. Even though Wilmington's economy is now diversified, manufacturing industries still play a key role.
Things to do in Wilmington
Things to do in Wilmington
Wilmington, the largest city in Delaware, is home to beautiful gardens, great museums, and family-friendly attractions. One of the best places to be in the city is the Delaware Museum of Natural History. This is the only museum of its kind in Delaware. When you visit this facility, you will learn about the natural world through exploration and discovery. This attraction hosts a wide range of on-site exhibits, including mammals, dinosaurs, and samples of Charles Darwin's early discoveries. You will also get to learn more about human evolution. The exhibits are ideal for children and families and offer both interpretative and interactive activities. This facilitates a fun learning environment.
The Delaware Art Museum is another great attraction in Wilmington. This is one of the largest art collections in the state and beyond. It is home to over 12,000 pieces of work, making it a great attraction. The Delaware Art Museum is known for its collection of illustrations and American art. It also has an outdoor Sculpture Park, which is great for outdoor activities. The park covers about 10 acres of the property, with several hiking trails available. This museum is a great place to visit for those looking to enjoy local folk art and exhibitions from different parts of the country. With the many attractions nearby, it is ideal to invest in houses for sale in Wilmington, Delaware.
Wilmington is located in the central part of Delaware. According to the United States Census Bureau, Wilmington covers a total area of 17.8 square miles. About 36.7% of the city is covered by water. This increases the sources of water for industrial and domestic use. Wilmington is situated at the confluence of the Delaware and Christina rivers, around 30 miles from Philadelphia. It is also along with the Fall Line geological transition that covers parts of the Atlantic Coastal Plain.
Wilmington demographics
Wilmington demographics
No one wants to live in a city with a low population. As a real estate investor, you need a highly populated city to increase the market for houses. If you are looking for such a market in Delaware, Wilmington should be one of the places you consider. In the 2020 census, Wilmington had a population of 70,898. This makes the city the most populous in Delaware. From a real estate point of view, investing in houses for sale in Wilmington, Delaware, is highly beneficial due to its population.
There were also 31,754 households and 13,572 families living in Wilmington. The city's population density was 7,637.3 residents per square mile. This means that in every square mile, there are over 7500 people. Houses for sale will fly off the listings with such a high population. Wilmington had about 13,000 housing units with an average density of 1,806.6 per square mile. This could also mean that there is a high demand for housing in Wilmington, given the low house density.
If you plan to relocate to Wilmington, you will enjoy a culturally diverse society. By getting houses for sale in Wilmington, Delaware, you get a chance to experience a diversified community, thanks to the unique racial makeup. As per the 2020 census, 59.2% of the population in Wilmington was White, 32.3% African American, and 2.8% Asian. People of Latino and Hispanic origin made up 18.6% of the city's population. Of all the households in Wilmington, 30.5% of them had children under 18 years living there. Most of these households are in rental apartments that can accommodate several people. The diverse architecture of the city means there are many types of houses to choose from.
From the household median income in Wilmington, you can tell that the city has a thriving economy. In the last census, the household median income was $33,633. Similarly, the family median income was $42,733, the second-highest in Delaware. This can be attributed to a highly diversified economy that no longer relies on manufacturing alone. Males in Wilmington had a higher median income of $38,577, compared to the female median income of $32,688. Wilmington had a per capita income of $28,595.
When it comes to industries, Wilmington has several of them thriving and contributing to its economy. The city is home to several Fortune 500 companies, including Wilmington Trust, Blue Shield of Delaware, General Motors, and Incyte. These companies create lots of employment opportunities for residents and contribute to the economy.
Arts in Wilmington
Arts in Wilmington
You won't run out of arts and entertainment options in Wilmington. The city has many art galleries, museums, and gardens to explore. Besides, there are numerous ethnic festivals and events you can enjoy annually. If you enjoy art exhibitions, a tour of the Wilmington Art Museum will captivate you. The facility focuses on American art with exhibitions from different parts of the country. Music lovers will be thrilled by the Wilmington Orchestra that performs on weekends at the Delaware Theater Hall.
Schools in Wilmington
Schools in Wilmington
The city of Wilmington is served by the Red Clay, Christina, Brandywine, and Colonial school districts. The districts cover elementary, junior high, and high school education. Of the four school districts, only Colonial doesn't have schools in the Wilmington city limits. There are also several institutions of higher learning in the city, with universities having branches here.
Why Wilmington?
Why Wilmington?
Wilmington presents a unique real estate market in Delaware. The city's position as the most developed and populated in the state makes it ideal for business investment. Besides, the thriving local economy is a green light to invest in houses for sale in Wilmington, Delaware. This is a great place to live in, whether you are looking to raise a family or enjoy your retirement.
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