Mortgage Calculators Delaware

How Much House Can I Afford in Delaware?

Find out how much house you can afford in Delaware with 0.57% property tax. Uses 28/36 rule with Delaware-specific data.

Use Calculator Free — No Sign-up Verified Data Editorially Reviewed Updated Feb 2026

Delaware Quick Facts

6.6% Income Tax Rate

0.57% Property Tax Rate

$72,724 Median Income

101.5 Cost of Living

How This Calculator Works

Calculation methodology and assumptions

Calculates home affordability in Delaware using the 28/36 rule. Maximum 28% of gross monthly income for housing (PITI). Includes Delaware's effective property tax rate of 0.57% and average home insurance of $1,150/year. Median home price in Delaware: $330,000.

Key State Information

Delaware housing market: Median home price $330,000 | Property tax rate 0.57% | Avg home insurance $1,150/yr | Median household income $72,724. Home prices are moderate relative to income.

Standard financial formulas Pre-filled with real state data Estimates only — not financial advice

Data Source

Census Bureau, Zillow, Tax Foundation

View Original Source | Verified 2024-12-01 | Updated annually

Frequently Asked Questions

How much house can I afford on the median income in Delaware?

With Delaware's median household income of $72,724 and a 10% down payment, you can typically afford a home priced around $254,534-$327,258 depending on debts and interest rates. The median home in Delaware costs $330,000.

What is the property tax rate in Delaware?

Delaware's effective property tax rate is 0.57%. On a $330,000 home, that's approximately $1,881/year or $157/month.