Everything You Need to Know About the City of Bear Delaware

In 2017, Bear, Delaware had a population of 20.4k people with a median age of 36.2 and a median household income of $71,093. Somewhere in the range of 2016 and 2017 the number of inhabitants in Bear, DE developed from 19,904 to 20,401, a 2.5% increase, and its median household income developed from $66,250 to $71,093, a 7.31% increase. 

The population of Bear, DE is 38.7% Black or African American Alone, 36.2% White Alone, and 16.2% Hispanic or Latino. N/A% of the people in Bear, DE speak a non-English language, and 88.8% are U.S. citizens. N/A% of the people in Bear, DE communicate in a non-English language, and 88.8% are U.S. residents. 

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The median property value in Bear, DE is $200,600, and the homeownership rate is 61.8%.  Most people in Bear, DE commute by Drove Alone, and the average commute time is 26.9 minutes. The average vehicle possession in Bear, DE is 2 autos per household.

 

Education in Bear

In 2017, universities in Bear, DE granted 121 degrees. The student population of Bear, DE is slanted towards ladies, with 14 male students and 184 female students.

Most students graduating from Universities in Bear, DE are White (59 and 48.8%), followed by Black or African American (41 and 33.9%), Hispanic or Latino (8 and 6.61%), and Two or More Races (7 and 5.79%).

The largest universities in Bear, DE by the number of degrees awarded are Academy of Massage and Bodywork (64 and 52.9%) and Paul Mitchell the School-Delaware (57 and 47.1%).

The most popular majors in Bear, DE are General Cosmetology (56 and 46.3%), Massage Therapy (34 and 28.1%), and Master Aesthetician (30 and 24.8%).

 

Economy in Bear

The economy of Bear, DE employs 10.2k people and Bear has an unemployment rate of 3.8%. Bear has seen the job market increase by 2.7% over the last year. Future job growth over the next ten years is predicted to be 32.9%, which is lower than the US average of 33.5%. The largest industries in Bear, DE is Health Care & Social Assistance (1,536 people), Accommodation & Food Services (1,050 people), and Finance & Insurance (967 people), and the highest paying industries are Utilities ($101,510), Finance & Insurance ($78,268), and Information ($76,429).

Households in Bear, DE have a median annual income of $71,093, which is more than the median annual income of $61,937 across the entire United States. This is in comparison to a median income of $66,250 in 2016, which represents a 7.31% annual growth.

 

Tax Rates for Bear

– The Sales Tax Rate for Bear is 0.0%. The US average is 7.3%.

– The Income Tax Rate for Bear is 6.6%. The US average is 4.6%.

– Tax Rates can have a big impact when Comparing the Cost of Living.

 

Income and Salaries for Bear

– The average income of a Bear resident is $25,336 a year. 

– The Median household income of a Bear resident is $60,647 a year.