Delaware’s budget increased, cumulatively, more than pop+inf in state funds and all funds from 2013-22.
State Funds Budget Data
- Estimated 2023 State Funds Budget ($ Billions): $11.03
- Budget Limit ($ Billions): $11.67
- Budget Limit Growth ($ Billions): 5.87%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $1,218.38
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $4,874
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $3,459.42
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $13,837.68
State All Funds Budget Data
- Estimated 2023 All Funds Budget ($ Billions): $15.22
- Budget Limit ($ Billions): $16.11
- Budget Limit Growth ($ Billions): 5.87%
- Cost per person of budgeting more than pop+inf over the last decade in 2022 budget: $588.46
- Cost per family of 4 of budgeting more than pop+inf over the last decade in 2022 budget: $2,354
- Cumulative cost per person of budgeting more than pop+inf over the last decade: $1,832.27
- Cumulative cost per family of 4 of budgeting more than pop+inf over the last decade: $7,329.09
Other Considerations
- Economic Freedom (2020) (Rank): 41 [Fraser Institute]
- State Tax Collections Per Capita (FY2021) ($): $5,378 [Tax Foundation]
- State Tax Collections Per Capita (FY2021) (Rank): 6 [Tax Foundation]
- State-Local Total Tax Burden per Capita (2022) ($): $7,170 [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (%): 12.40% [Tax Foundation]
- State-Local Tax Burden per Capita (2022) (Rank): 42 [Tax Foundation]
- Top Income Tax Rate (2023) (%): 6.60% [Tax Foundation]
- Top Income Tax Rate (2023) (Rank): 37 [Tax Foundation]
- Flat or Progressive Income Tax (2023) (Flat/Progressive/Zero): P [Tax Foundation]
- Overall State Business Tax Climate Index (2023)(Rank): 16 [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (%): 8.70% [Tax Foundation]
- Corporate Income Top Tax Rate (2023) (Rank): 8 [Tax Foundation]
- State-Local Sales Tax Rate (2023) (%): 0% [Tax Foundation]
- State-Local Sales Tax Rate (2023) (Rank): 47 [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (%): 0.61% [Tax Foundation]
- Property Taxes Paid as a Percentage of Owner-Occupied Housing Value (2021) (Rank): 41 [Tax Foundation]
- Tax and Expenditure Limit (0-3): 1 [American Legislative Exchange Council]
- Tax and Expenditure Limit (Rank): 15 [American Legislative Exchange Council]
- Right-to-Work Law (2022) (Y/N): N [American Legislative Exchange Council]
- State-Local Spending per Capita (2022) ($): $13,804 [US Government Spending]
- State-Local Spending per Capita (2022) (Rank): 32 [US Government Spending]
- Official Poverty Rate (2020-22) (%): 10.5 [Census Bureau]
- Official Poverty Rate (2020-22) (Rank): 25 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (%): 8.1 [Census Bureau]
- Supplemental Poverty Rate (2020-22) (Rank): 22 [Census Bureau]
- Labor Force Participation Rate (Dec. 2022) (%): 59.80% [Bureau of Labor Statistics]
- Labor Force Participation Rate (Dec. 2022) (Rank): 38 [Bureau of Labor Statistics]