Cost of Living in Hockessin, DE
Population 13,608 · Delaware · Data vintage 2023
(100 = US avg)
Hockessin's housing market reflects its status as a high-earning metro: $550,000 for a typical home, 80% above the US median, paired with household incomes around $172,695 that put it in the upper third of the state. The labor market has been unusually tight, with unemployment around 2.6% — below most comparable cities in the state.
Hockessin is about 35 miles west of Philadelphia, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Median home values run roughly 137% higher than Philadelphia's $232,000.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Hockessin
The median home value in Hockessin is $550,200 — 80% above the national median of $305,000. Median rent runs $2,980/month, 127% higher than the national median of $1,314/month. The median household income of $172,695/year is 132% higher than the US median of $74,580. The local unemployment rate is 2.6%, below the national average of 4.8%. Delaware's top state income tax rate is 6.6% and the combined sales tax is 0.0%. Overall, Hockessin has a cost of living index of 199 versus the US average of 100, meaning it is 99% more expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
💨 Air Quality
EPA AQS 2023 — county-level monitoring data
Frequently Asked Questions
What is the cost of living in Hockessin, DE?
Hockessin has a cost index of 199 (100 = national average). It is 99% above the national average.
What is average rent in Hockessin, DE?
The median gross rent in Hockessin is $2,980 per month based on 2023 Census data.
What is the average home price in Hockessin?
The median home value in Hockessin is $550,200 according to Zillow and Census data.
What is the median income in Hockessin?
The median household income in Hockessin is $172,695 per year (2023 ACS 5-year estimates).
What is the sales tax in Hockessin, DE?
The combined state and local sales tax rate in Hockessin is 0.0%. The Delaware state income tax top rate is 6.6%.
Is Hockessin, DE affordable?
Hockessin is above average in cost of living, with an index of 199 — about 99% higher than the national average.
Hockessin at a Glance
- Population
- 13,608
- Median Income
- $172,695
- Home Value
- $550,200
- Median Rent
- $2,980/mo
- Unemployment
- 2.6%
- Sales Tax
- 0.0%
Nearby Cities
Explore county-level cost of living data
Delaware Rankings
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