Delaware (DE) property tax rate: 0.56% | Median home: $325,000 | Median annual tax: $1,820
Delaware is a tax-friendly small state with no sales tax. The average effective property tax rate in Delaware is 0.56%, which is below the national average of 1.1%.
On the median Delaware home valued at $325,000, annual property taxes come to approximately $1,820 or $152/month. This is a significant part of your total housing cost and should be factored into any home purchase budget.
Pro tip: Delaware has no sales tax and low property taxes — a genuine cost-of-living advantage.
Combined with Delaware's state income tax rate of 6.6%, homeowners should consider the total tax picture. Property taxes in Delaware are manageable and in line with regional averages.
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Delaware has an average effective property tax rate of 0.56%. On the median home value of $325,000, that equals approximately $1,820 per year or $152 per month.
Property taxes in Delaware are calculated by multiplying your home assessed value by the local tax rate. The assessed value may differ from market value depending on your county assessment ratio. Exemptions like homestead exemptions can reduce your taxable value.
Delaware has no sales tax and low property taxes — a genuine cost-of-living advantage.
Delaware property taxes are well below the national average of 1.1%. This is a genuine financial advantage for homeowners in Delaware.
Property tax due dates vary by county in Delaware. Most counties offer semi-annual payments. Check with your county tax assessor office for specific due dates. Late payments typically incur penalties of 1-2% per month.