Delaware City, New Castle County, Delaware Property Taxes

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

Median Delaware City, DE effective property tax rate: 0.59%, significantly lower than the national median of 1.02%.
Median Delaware City, DE home value: $182,250
Median annual Delaware City, DE tax bill: $1,006, $1,394 lower than the national median property tax bill of $2,400.

How are property taxes in New Castle calculated?

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

Last Updated March 1, 2025

Delaware City, New Castle County, Delaware Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.59%

Estimate Property Tax Bill

$1,075

$998

Ownwell’s Delaware City Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Delaware City with just two data points. By entering your property's estimated assessed value, our calculator applies Delaware City’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 Delaware City, New Castle County, Delaware

Local government entities in Delaware set property tax rates, which can vary significantly across the state. Each year, counties estimate their necessary budgets to deliver essential services. This budget is then divided by the total value of all taxable properties within the county to determine the property tax rate. While votes and legislative measures play a role in setting these rates and budgets, this is essentially how the process unfolds annually.

In Delaware City, located in New Castle County, the effective property tax rate is 0.59%, which is notably lower than the national median of 1.02%. This rate is consistent across the state, with Delaware City having both the highest and lowest median tax rate within its zip code of 19706. Compared to the national landscape, Delaware offers a more affordable property tax environment, with the median tax bill being significantly lower than the national median of $2400. This can be an attractive factor for property owners seeking to minimize their tax liabilities.

Property Tax Rates Across Delaware City, 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 Delaware City Tax Rate

0.59%

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 Delaware City, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19706	0.11%	0.35%	0.59%	0.85%	2.78%

Source: Ownwell

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

When examining property taxes in Delaware City, DE, 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 April. 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 Delaware City. For example, the median home price in Delaware City is $182,250, with tax bills ranging significantly across the county. Zip code 19706 has the highest median home price at $182,250.

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

Source: Ownwell

$71,775

$387,113

$702,450

Median Delaware City Market Value

$182,250

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 Delaware City, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19706	$20,970	$108,802	$182,250	$225,270	$286,173

Source: Ownwell

Property Tax Bills Across Delaware City, New Castle County, Delaware

In Delaware City, located in New Castle County, property tax bills are calculated based on the assessed value of a home, which is determined by the local tax assessor. This assessed value is then multiplied by the local tax rate to determine the annual tax bill. For homeowners in Delaware City, the median home price stands at $182,250, leading to a median property tax bill of $1,006. This is significantly lower than the national median property tax bill of $2,400. Factors such as property size, location, and improvements can influence the assessed value and, consequently, the tax bill. Homeowners in Delaware City can face tax bills ranging from $515 at the 25th percentile to $2,021 at the 90th percentile. Ownwell can assist homeowners by reviewing their property assessments to ensure accuracy, identifying potential savings, and filing appeals if necessary. By leveraging Ownwell's expertise, homeowners can potentially reduce their tax burden, ensuring they pay only their fair share.

Property Tax Bills Across Delaware City, New Castle County, Delaware

Source: Ownwell

$702

$6,369

$12,036

Median Delaware City Tax Bill

$1,006

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 Delaware City, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19706	$260	$515	$1,006	$1,450	$2,021

Source: Ownwell