Cheswold is a city in Delaware state in USA with a population of 1483 residents..
The poverty rate of Cheswold is 24%, which is 71% higher than national average.
The typical household in Cheswold earns $47813 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 4 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 14 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 52.4% of households earn less than $50,000 a year compared to 39% national rate.
With a lack of available jobs, many in Cheswold are struggling financially. Nearly one in every 1 in every 9 workers in Cheswold is unemployed.
The unemployment rate of Cheswold remained 10.6%, which is 126% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census.
Cost of living in Cheswold is 0, which is 100% lower than national average.
In Cheswold, only 13% of adults have a bachelor's degree and 30% have some college but no degree.
Median home value in Cheswold is $78500 , which is 66% lower than national average.
While median income in Cheswold remained $47813, which is 29% lower than national average.