Real Estate in Wilmington
Things to do
Why buying real estate in Wilmington, Delaware is a smart move
Although the city of Wilmington covers only 17 square miles of land, the area has a lot more to offer than the “small city” experience for those considering buying real estate in the region. Situated halfway between New York and Washington D.C where Christina and Brandywine meet, the city has been an important transportation link since it came into existence when the first Swedish settlements were established in the region and have since developed into a prosperous city in the region.
History of Wilmington
History of Wilmington
Just because the size of Wilmington’s land area is “small,” it doesn’t mean that it lacks a rich history. The city was given birth after the first Swedish and Finnish settlements came to the U.S. around 1638. The land adopted the name Willington in honor of Thomas Willing who was the first developer of the land. However, in 1655, the occupation of the land fell into the hands of the Dutch and then the British. In 1739, King George II granted the colony borough charter and changed its name from Willington to Wilmington in honor of Spencer Compton, the Earl of Wilmington. It was during this period that the Old Town Hall, a magnificent federal-style construction, was built between 1798 and 1800 which is a source of great attraction to this day. In 1832 the borough of Wilmington was officially given a city charter. Soon after, the city saw substantial growth and prosperity when the Philadelphia, Wilmington, and Baltimore Railroad arrived in 1837. This allowed more people to settle in the lands and establish industries, giving the city’s economy a boost. During the Civil War, the city saw further prosperity as it was becoming the leading producer of warships in the nation. Wilmington catered to the inflated demand for ships, railroad cars, gunpowder, shoes, tents, uniforms, blankets, and other war materials and by 1868 it became the largest producer of warships in the county. This constant flourishing of the economy led to a massive housing boom in the western parts of the city, especially the area known as Delaware Avenue. In the later years, the city saw extensive park systems, houses, mansions, and even the welcoming of corporate management systems into the city.
Things to do in Wilmington
Things to do in Wilmington
Though Wilmington is most popular for attracting tourists from across the nation for a visit to its fascinating museums and breathtaking gardens, leisure activities are not limited to just that. Other than touring the magnificent mansion and parks, one can explore downtown Delaware and take a walk down the famous Market Street. The beautiful riverfront view provides just the right ambiance combined with delectable Delaware cuisine for a peaceful night out in the city.
Although the 10.9 square miles of landmass might seem “small” by city size standards, the city ranks 3rd in the area for the state of Delaware. Situated halfway between New York and Washington D.C., it is located where Christina and Brandywine Rivers meet. As the county seat of New Castle County and the largest county seat of Delaware and located entirely in the New Castle County, it poses a total area of 17 square miles of which 10.9 is a land area where the west side is beautified with a scenic view of the hills for those who prefer cleaner and fresher air and fewer mosquitoes, whereas the east side has flatter terrain and marshy lands. The remaining 6.2 square miles are made up of the Christina and Delaware River which is an estuary that holds great significance for providing sea-level access for ships. Due to the city’s location at the junction of Christina and Delaware River and having the Wilmington Train Station and Delaware Memorial Bridge provide easy transportation links, Wilmington holds considerable value as an ideal business destination.
According to the 2020 census, the population of Wilmington is a little over 70,000 of which 52,189 are U.S. citizens aged 18 years or older that hold the power to vote. Wilmington’s majority population consists of predominantly Blacks who are over 58% while 35% of the population is white. In addition, over 10% of the population identifies as being of Hispanic descent.
The average household income of the city stands just shy of $70,000 which is above the country’s average median income and a poverty rate of 26%. Recent data has shown Wilmington’s average rental cost to be around $1,000 per month and house value stands at $168,000.
Arts in Wilmington
Arts in Wilmington
The city of Wilmington has much to thank the Dupont family for it is their efforts and contributions that led to the city housing its historical estates, lush gardens, and several museums. In addition to their vast contributions, the city holds the possession of more than 40 museums to its name.
One of the most significant contributions of the Dupont family is the Hagley Museum and Library which was originally an industrial site for the gunpowder company E.I. Gunpowder Works in addition to being their family's ancestral home. Here you can stroll in the 235 acres of wooded rolling hills along the Brandywine River, visit the powder yard, tour the estate, and view the curated display of patent models in the Hagley Library. The site holds the lasting remnants of the gunpowder industry in the country.
When considering a visit to Wilmington, Delaware, one can not consider visiting the Delaware Art Museum. Famous for housing art from the pre-Raphaelite era spanning from the 18th to the 21st century, in addition to the artwork displayed by Howard Pyle and Joan Sloan and other famous illustrators, the museum holds vibrant art festivals, exotic art gallery tours, studio art classes, and various other social events for its visitors from all across the nation.
If you are planning to buy land or a house and settle in Wilmington, Delaware with your family, know that the city not only has sites and museums to entertain the adults but the children as well. Among some of the popular children's museums, the Delaware Children’s Museum is a family-friendly museum that aims to dive into the imagination of the children’s minds through active play in subjects of Math, Science, and even technology-based learning. Including the seven amazing exhibits, the 37,000 square feet of the area has great interactive, hands-on activities for the young and brilliant.
Schools in Wilmington
Schools in Wilmington
Wilmington, Delaware has built a solid foundation for education and has continued to further expand and develop its education system in recent years. Its wide variety of schools in the public and private sector make it a highly agreeable place to consider pursuing an education. The Cape Henlopen School District in Wilmington is one of the top public school systems in Delaware. The district includes eight schools situated amidst the gorgeous southern cape region of Delaware Bay. This district has had a graduation rate of 91% that bested state and national averages. The Caesar Rodney School District and Sussex Technical School District, are not far behind when it comes to providing excellent academics and offering specializations in various fields For those preferring a private schooling system, the options are many as there are over 130 private schools in the city. Some of the top-ranked private schools include St. Peter Catholic School, Wilmington Friends School, and Destiny Calling Academy. Almost half of the private schools are religiously affiliated if you prefer strengthening the bond with faith and religion along with academics and an extensive list of Art colleges and Universities reside in the region as well.
The Wilmington of the 20th century has transformed into the “Corporate Capital of America” and has become home to some of the leading corporations of the nation. Apart from its growing economy, grand estates, exotic gardens, diverse cuisine, and dozens of museums, the city of Wilmington awaits a multitude of experiences in store for you.
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