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Daring Firsts: Dover, Del.

Dover, Delaware Metropolitan Area

Janice Chamberlain -- Casual Living, 7/1/2006 12:00:00 AM

Dover, capital of The First State, earned its nickname after Delaware became the first of the original 13 colonies to ratify the U.S. Constitution on Dec. 7, 1787.

Now, Dover remains a leading metro area which offers a variety of activities for its residents, including tax-free shopping, visiting the Sewell C. Biggs Museum of Modern Art, attending the Ballet Theatre of Dover, watching NASCAR events at the Dover International Speedway or listening to a performance of the Dover Symphony Orchestra.

If you live in Dover and shopping is your bent, there's a good chance you'll be seeking casual living products, according to New York-based Easy Analytic Software Inc. EASI projects spending on casual products will soar over the next few years.

Estimated spending on outdoor furniture in Dover is anticipated to be $1.5 million in 2010, a 28% increase over 2005, with grills gaining 26% to $1.9 million. Both categories exceed nationwide growth rate estimates of 23% and 21% growth, respectively.

EASI ranks Dover in the top 10% of more than 900 metro areas for its anticipated population growth between 2005 and 2010, projected at 9.2%. During the same time period, EASI projects the national population will increase by 4.9%. Dover citizens are expected to have the financial wherewithal to increase spending on casual products. EASI ranks Dover's 2005 median household income of $43,887 in the upper one-third of the nation's 934 metro areas.

Dover's household income balance also is expected to shift substantially over the next five years. In 2005, those with a median annual household income under $25,000 accounted for one-quarter of the area's population. That number is projected to decline to just 20% by 2010. Households with a median income of at least $75,000 are predicted by EASI to increase to 33% of Dover households, an 11 percentage point gain compared with 2005.

Dover

2005 2010 Change
total population 138,573 151,331 9%
median age 34.4 35.0
average household size 2.53 2.47


Spending
in millions

2005 2010 Change
Deck/patio/pool furniture $1.2 $1.5 28%
BBQ grills $1.5 $1.9 26%


Housing Characteristics

2005 2010 Change
total housing units 56,462 62,831 11%
owner occupied 38,006 42,812 13%
median value of owner households $105,895 $107,885 2%
renter occupied 15,259 16,880 11%
median rent $467 $478 2%


Households By Race & Ethnicity

2005 2010
Black 20.3% 22.3%
Asian 1.5% 1.7%
other 3.8% 4.5%
Hispanic 2.7% 3.2%
White non-Hispanic 72.0% 68.4%


Household Income

2005 2010
median $43,887 $55,095
under $25,000 26% 20%
$25,000 to $34,999 13% 10%
$35,000 to $49,999 18% 15%
$50,000 to $74,999 21% 21%
$75,000 or more 22% 33%


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