New Castle County, DE

Comprehensive housing, income, and cost of living data for New Castle County, Delaware. Population: 570.6K.

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Median Home Price

$343.9K

Based on 24 cities

Median Household Income

$89.9K

Annual household income

Price-to-Income Ratio

3.8x

Moderately affordable

Salary Needed to Buy

$89.4K

30-yr mortgage, 6.5% rate, 20% down

Housing & Finance

Annual Property Tax

$2,444

Average annual amount

Effective Tax Rate

0.71%

Property tax / home value

Monthly Housing Costs

Mortgage (P&I)$1,739

Property Tax$204

Insurance$143

Total Monthly$2,086

Historical Home Prices

2015

$215.8K

2016

$230.0K

+6.6%%

2017

$236.2K

+2.7%%

2018

$243.9K

+3.3%%

2019

$245.1K

+0.5%%

2020

$264.8K

+8.0%%

2021

$287.0K

+8.4%%

2022

$315.6K

+10.0%%

2023

$335.6K

+6.3%%

2024

$345.6K

+3.0%%

2025

$357.7K

+3.5%%

Source: County price history data via Zillow ZHVI

Demographics & Economics

Unemployment Rate

3.6%%

Below national average

Population Density

1,338

People per square mile

Homicide Rate

9.2

Medium (per 100K residents)

Political Lean (2020)

Competitive

D+0

Racial Demographics

White

53.5%

Black

24.6%

Hispanic

11.4%

Asian

5.9%

Two or More Races

Source: Census ACS 2023. Hispanic/Latino ethnicity counted separately from race.

Climate & Environment

Average Temperature

55°F

Annual average

Sunny Days

203

Days per year

Annual Rainfall

46.1"

Inches per year

Natural Disaster Risk

High Risk

Score: 95/100

January Low

17°F

Average winter low

July High

84°F

Average summer high

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