Claymont, New Castle County, Delaware Property Taxes

Name: Property Tax Bills Across Claymont, New Castle County, Delaware
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Claymont, DE effective property tax rate: 0.79%, significantly lower than the national median of 1.02%.
Median Claymont, DE home value: $230,040
Median annual Claymont, DE tax bill: $1,802, $598 lower than the national median property tax bill of $2,400.

How are property taxes in New Castle calculated?

Property taxes in Claymont, DE are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.

Understanding Claymont’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Claymont, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Claymont, New Castle County, Delaware Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.79%

Estimate Property Tax Bill

$1,817

$1,686

Ownwell’s Claymont Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Claymont with just two data points. By entering your property's estimated assessed value, our calculator applies Claymont’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in New Castle County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Claymont, New Castle County, Delaware

Local government entities set tax rates, which can vary widely within a state. Why? Each county annually estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate. While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process. Below, you can compare Claymont’s effective property tax rate to other cities in Delaware and the median property tax rates in Delaware and the U.S.

Property Tax Rates Across Claymont, New Castle County, Delaware

Source: Ownwell

0.44%

1.44%

2.43%

Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.

Median Effective Claymont Tax Rate

0.79%

Median Effective New Castle County Tax Rate

0.84%

Median Effective Delaware Tax Rate

1.41%

Median Effective United States Tax Rate

1.02%

Property Tax Rates Across Claymont, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19703	0.50%	0.68%	0.79%	0.96%	3.48%

Source: Ownwell

Property Tax Assessment Values Across Claymont, New Castle County, Delaware

When examining property taxes in Claymont, Delaware, understanding the distinction between "market value" and "assessed value" is crucial. The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The New Castle County appraisal district estimates the market value for tax purposes. The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.

In New Castle County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of June. Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Claymont.

For example, the median home price in Claymont is $230,040, with tax bills ranging significantly across the county. Zip code 19703 has the highest median home price at $230,040.

Property Tax Assessment Values Across Claymont, New Castle County, Delaware

Source: Ownwell

$71,775

$387,113

$702,450

Median Claymont Market Value

$230,040

Median New Castle County Market Value

$248,490

Median Delaware Market Value

$64,200

Median United States Market Value

$235,294

Property Tax Assessment Values Across Claymont, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19703	$57,800	$160,650	$230,040	$267,570	$303,570

Source: Ownwell

Property Tax Bills Across Claymont, New Castle County, Delaware

In Claymont, New Castle County, DE, property tax bills are calculated based on the assessed value of a home, which is determined by local tax assessors. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For instance, the median home price in this area is $230,040, with property tax bills ranging from $1,409 at the 25th percentile to $2,483 at the 90th percentile. The median tax bill in the 19703 zip code stands at $1,802, which is lower than the national median property tax bill of $2,400. Factors influencing this include local government budgets and public service funding needs. Homeowners can feel the impact of these taxes on their annual expenses, potentially affecting their overall financial planning. Ownwell assists homeowners by providing expert property tax appeal and exemption services, ensuring they are not overpaying. By identifying discrepancies and advocating for fair assessments, Ownwell helps reduce property tax burdens, offering significant savings for homeowners.

Property Tax Bills Across Claymont, New Castle County, Delaware

Source: Ownwell

$702

$6,369

$12,036

Median Claymont Tax Bill

$1,802

Median New Castle County Tax Bill

$2,154

Median Delaware Tax Bill

$1,362

Median United States Tax Bill

$2,400

Property Tax Bills Across Claymont, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19703	$809	$1,409	$1,802	$2,094	$2,483

Source: Ownwell