In New Castle County, Delaware the effective property tax rate is 0.74%. The median homeowner pays $2,444 a year in real estate taxes on a home with a median value of $329,800. That rate is the 1st highest of the 3 Delaware counties with published data, and the 1825th highest of 3,132 counties in the United States.
Property tax in New Castle County
The effective rate is the median real estate tax paid divided by the median home value. The Delaware statewide average is 0.53%, so New Castle County is above it. Applying this county's rate to other home prices gives a rough idea of the yearly bill; actual bills depend on the school district, exemptions and the assessed value.
| Home value | Estimated tax per year | Per month |
|---|---|---|
| $200,000 | $1,480 | $123 |
| $300,000 | $2,220 | $185 |
| $329,800 (county median) | $2,440 | $204 |
| $400,000 | $2,960 | $247 |
| $500,000 | $3,700 | $308 |
Home values and incomes
The median home value is $329,800 (2nd highest in Delaware, 389th highest nationally) and the median household income is $89,901. Homes cost about 3.7 times a typical household's yearly income. Median gross rent is $1,379 a month. 68.5% of occupied homes are owner-occupied. Homeowners with a mortgage pay a median of $967 a year for insurance. For comparison, the Delaware statewide median home value is $405,061.
Counties near New Castle County in the Delaware property tax ranking
| County | Effective rate | Median home value |
|---|---|---|
| New Castle County | 0.74% | $329,800 |
| Kent County | 0.46% | $290,600 |
| Sussex County | 0.33% | $353,300 |
Frequently asked questions
What is the property tax rate in New Castle County, Delaware?
The effective property tax rate is 0.74% of home value per year, the 1st highest of 3 counties in Delaware (Census ACS 2023 5-year estimates).
How much is property tax on a $300,000 home in New Castle County?
At the county's effective rate of 0.74%, about $2,220 a year (roughly $185 a month). Your actual bill depends on the assessed value, your school district and exemptions.
What is the median home value in New Castle County?
The median home value is $329,800 (Census ACS 2023 5-year estimates, owner-occupied homes).
What is the median household income in New Castle County?
The median household income is $89,901 (Census ACS 2023 5-year estimates).