What is 302 Area Code?
Delaware’s 302 area code is a part of the North American Numbering Plan and serves the state of Delaware. It covers all landline, VoIP, and wireless telephone services in the state.
302 is the only area code in Delaware. It was established in 1947 as one of the original eighty-six numbering plan areas. 302 serves the entire state, including Wilmington, Dover, and Newark. It is projected that no new area code will be needed in the state until 2033. 10-digit dialing is required to make calls within Delaware.
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Why Start a Business in Delaware?
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As the second smallest state in the country, Delaware packs a punch when it comes to business opportunities. With an advantageous corporate tax structure and a vibrant economy, businesses of all sizes can find success here. From startups to established companies, Delaware is an ideal place to establish and grow your business.
Demographic:
According to the U.S. Census, Delaware is home to a population of 973,000 people as of 2019. Its population has grown 19% since 2010, making it one of the fastest-growing states in the country. The median age in Delaware is 39 years old and 44% of residents are female. About 83% of citizens are white and 17% are Black or African American, making the state one of the more demographically diverse in the nation. Additionally, 89% of Delaware households speak English as their primary language while 5.5% use Spanish and 2.7% use other languages. These demographic figures demonstrate that Delaware has a growing population with varied backgrounds and cultures.
Economic Growth:
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Delaware has seen tremendous economic growth over the past few years. In 2018, the state’s gross domestic product (GDP) increased by 4.4% over 2017 levels, according to U.S. Bureau of Economic Analysis data. This placed Delaware as one of the top states with the highest rates of GDP growth in the nation during this period. Additionally, the state’s unemployment rate decreased from 4.3% in 2017 to 3.8% in 2018, below the national average of 3.9%. These promising economic indicators have contributed to Delaware’s steady growth over the years and demonstrate positive prospects for future development. Moreover, personal income within Delaware has also seen an increase over recent years, with a 4.7% growth rate in 2018 compared to 2017. This indicates strong economic fundamentals that bode well for the state’s future. These figures illustrate Delaware’s impressive economic progress over the past several years and its potential for continued growth in the future.
Entrepreneurship:
Delaware is an excellent state to start a business in due to its favorable tax and incorporation laws. A variety of businesses have been successful in Delaware, ranging from small companies such as Yogibo, which manufactures furniture and cushions, to larger organizations like the Amazon fulfillment center located near Wilmington. Other notable examples include First State Manufacturing, which produces apparel for outdoor activities; Marini’s Candies, a family-owned business that specializes in chocolates and confections; and The Janssen Pharmaceutical Companies of Johnson & Johnson, a global healthcare company. All of these businesses have found success in Delaware due to the state’s supportive business environment. Additionally, Delaware’s proximity to major population centers like Philadelphia and New York City provides businesses with a larger customer base for their products or services. All of these factors make Delaware an attractive setting for those looking to start a business.
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