Hockessin, DE Profile: Facts & Data

The primary coordinate point for Hockessin is located at latitude 39.7876 and longitude -75.6966 in New Castle County. The formal boundaries for the Hockessin Census Designated Place encompass a land area of 10.04 sq. miles and a water area of 0.01 sq. miles. New Castle County is in the Eastern time zone (GMT -5). The elevation is 259 feet.

The Hockessin Census Designated Place has a U1 Census Class Code which indicates a census designated place with an official federally recognized name. It also has a Functional Status Code of "S" which identifies a statistical entity.

Delaware is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Hockessin Census Designated Place is located within Piedmont Division of New Castle County.

Alternate Unofficial Names for Hockessin: Hocesion, Hockessing, Occasian, Occasion, Ockession, Okesan, Okeshion, Okesian, Okession.

A Census Designated Place (CDP) is a statistical counterpart to a self-governing (incorporated) place such as a city, town, or village. A CDP is not a legal entity and has no governmental functions.

Hockessin, DE Data & Demographics (As of July 1, 2022)

POPULATION
Total Population	13,743 (100%)
Population in Households	13,455 (97.9%)
Population in Families	12,174 (88.6%)
Population in Group Quarters¹	288 ( 2.1%)
Population Density	1,369
Diversity Index²	45


INCOME
Median Household Income	$146,768
Average Household Income	$195,053
% of Income for Mortgage⁴	17%
Per Capita Income	$71,424
Wealth Index⁵	273

HOUSING
Total HU (Housing Units)	5,208 (100%)
Owner Occupied HU	4,292 (82.4%)
Renter Occupied HU	736 (14.1%)
Vacant Housing Units	180 ( 3.5%)
Median Home Value	$461,004
Average Home Value	$491,001
Housing Affordability Index³	148

HOUSEHOLDS
Total Households	5,028
Average Household Size	2.68
Family Households	4,072
Average Family Size	3.00

NOTES

Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.

Hockessin, DE - Peer Comparisons by Rank and Percentile

The table below compares Hockessin to the other 79 incorporated cities, towns and CDPs in Delaware by rank and percentile using July 1, 2022 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

GROWTH RATE / YEAR	2020-2022	2022-2027
Population	0.87%	0.20%
Households	0.81%	0.32%
Families		0.26%
Median Household Income		1.62%
Per Capita Income		1.76%
Owner Occupied HU		0.45%

Variable Description	Rank	Percentile
Total Population	# 8	91st
Population Density	# 39	52nd
Median Household Income	# 3	97th
Housing Affordability Index	# 52	66th
Per Capita Income	# 10	89th
Diversity Index	# 56	30th

Hockessin, DE Profile: Facts & Data

Hockessin, Delaware - Basic Facts

Hockessin, DE Data & Demographics (As of July 1, 2022)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Hockessin, DE - Peer Comparisons by Rank and Percentile

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