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Kent County, DE

RANK #646 / 996  ·  POP 182,400  ·  DE

PROJECTED GROWTH: +0.2%

Kent County shows below-average economic momentum. Growth signals are flat or softening.

[01] Why Kent County?

Kent County, Delaware, is perhaps best known as home to Dover, the state capital, and Dover Air Force Base, a significant military installation. Located in the central part of Delaware, it offers a blend of rural landscapes with suburban developments. Dover is approximately 90 minutes south of Philadelphia and two hours east of Washington D.C., with major highways like Route 1 and Route 13 providing connections throughout the East Coast. The community offers a quieter lifestyle with ample open space, dotted with quaint villages and farms. Outdoor recreation is accessible, with Killens Pond State Park offering camping, hiking, and fishing, and Bombay Hook National Wildlife Refuge providing opportunities for bird-watching. Life in Kent County often appeals to families and those seeking a balance between affordability and convenience. The presence of Dover Air Force Base significantly impacts the local economy and labor pool, with approximately 10,000 people employed by the base. Delaware State University, located in Dover, also contributes to the area's educational and economic landscape, recently expanding its physical presence and fostering entrepreneurial growth through initiatives like the Center for Urban Revitalization and Entrepreneurship (CURE). The county's school districts, including Caesar Rodney and Capital School District, offer various educational programs.

[02] Market Snapshot

Housing Ratio
5.5x

Above national median (4.7x)

GDP Growth
+5.6%

Well above national median

Home Prices
+1.9%

Above national median

Climate & Terrain
-0.1

Below-average climate & terrain

Price/Rent
13x

Below national median (13x)

Housing is fairly valued at 5.5x relative to local economic output. The typical U.S. county is 4–6x.

[03] Signal Profile

[04] Home Value Growth vs National

Kent County U.S. National

The Numbers

DEMOGRAPHICS
Population
182,400
+1.29% YoY
Median Household Income
$69,278
Median Home Value
$272,300
+1.93% 12mo
Median Rent
$1,224
Average Annual Pay
$57,464
+6.4% YoY
Employment
71,071
+1.1% YoY
Income-to-Home-Value
0.2544
More affordable than average
Migration Inflow
1.84%
of pop. from another state

Market Activity

REAL ESTATE
Median Sale Price
$330,000
Days on Market
45
Moderate pace
Months of Supply
4.6
Balanced market
Sale-to-List Ratio
99.1%
Near asking price
Sold Above List
23.9%
Listings w/ Price Drops
17.0%
Building Permits (2024)
1,201
Single-Family Permits
1,056

Source: Redfin · Census BPS — Browse sales on Redfin →

[05] Capital Investment

$125M
TOTAL
PROJECT AMOUNT STATUS
Barratts Landing Mixed-Use Development
Eastern States Development of Wilmington
$50M Proposed
Eastern Shore Natural Gas Pipeline (Felton Loop)
Eastern Shore Natural Gas
$50M Proposed
Community Solar Portfolio (4 projects)
Chaberton Energy, Pivot Energy, Tangent Energy Solutions, Hartly Community Energy Initiative LLC, Calpine
$25M Operating/Under Construction

Source: public records, news, corporate announcements. Amounts are estimates where noted.

[06] Score Breakdown

GDP Growth +5.6% 88 percentile
Population Growth +1.3% 78 percentile
Income Growth +8.7% 56 percentile
Vacancy Rate 0.8% 73 percentile
Home Price Change +1.9% 58 percentile
Rent Growth +2.0% 34 percentile
Price/Rent 13x 51 percentile

Bars show percentile rank among all 996 counties.

[07] Frequently Asked Questions

Is Kent County, DE a good place to move to?

Kent County has a Boom Town Index score of 35/100, ranking #646 among 996 U.S. counties. With job growth at +1.1% and a median household income of $69,278, it faces some economic headwinds compared to faster-growing counties.

Is Kent County affordable?

The median home value in Kent County is $272,300 with median rent at $1,224/month. The income-to-home-value ratio is 0.2544, which is more affordable than the national average.

Is Kent County growing or shrinking?

Population growth: +1.3% year-over-year. Job growth: +1.1%. Home values changed +1.9% in the past 12 months.

[08] Similar Metros

Richland County, SC 45 Norfolk County, MA 45 Hall County, NE 45 Columbia County, PA 45 Yakima County, WA 45 Mercer County, WV 45 Bonneville County, ID 45 Madison County, KY 45