With 65,795 square miles, Delaware is ranked the 49th largest by area, and the 45th largest state by population with 885,122 people. However, it is high in the rankings by personal income per capita with a ranking of 9th in the US and an income of $34,199, and ranked 7th by average weekly wage with $937 per week. Median household income is $57,989. The gross state product of Delaware is $62.3 billion.
For every 128 households, there is one foreclosure filing which is well below the national average of 45 and about 1% of the state's housing unit. It is a Judicial Foreclosure State with the foreclosure process starting when a Lis Pindens is filed through the courts and can take 6-8 months.
Delaware's largest employers are the state and federal governments, followed by the University of Delaware. The banking and credit card industries have received favorable treatment in Delaware thanks to favorable laws and regulations, and so are heavily represented: 60 percent of Fortune 500 corporations are incorporated in Delaware, owing to its reputation as a "tax haven."