Smyrna, New Castle County, Delaware Property Taxes

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

Median Smyrna, Delaware effective property tax rate: 0.66%, significantly lower than the national median of 1.02%.
Median Smyrna, Delaware home value: $281,745
Median annual Smyrna, Delaware tax bill: $1,926, $474 lower than the national median property tax bill of $2,400.

How are property taxes in New Castle calculated?

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

Last Updated March 1, 2025

Smyrna, New Castle County, Delaware Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

0.66%

Estimate Property Tax Bill

$1,860

$1,726

Ownwell’s Smyrna Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Smyrna with just two data points. By entering your property's estimated assessed value, our calculator applies Smyrna’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. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Smyrna, New Castle County, Delaware

Local government entities set tax rates, which can vary widely within a state. Annually, each county 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 Smyrna’s effective property tax rate to other cities in Delaware and the median property tax rates in Delaware and the U.S. In Smyrna, located in New Castle County, the property tax rate is significantly lower than the national median property tax rate of 1.02%. This means homeowners in Smyrna enjoy a more favorable tax environment compared to many other regions across the country. This lower tax rate can be an attractive factor for potential homebuyers and property investors considering the area. Comparing it to the national median property tax bill of $2400, Smyrna offers a more affordable option, making it an appealing choice for those looking to reduce their property tax expenses while still benefiting from the services provided by the local government.

Property Tax Rates Across Smyrna, 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 Smyrna Tax Rate

0.66%

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 Smyrna, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19977	0.23%	0.46%	0.66%	0.91%	1.99%

Source: Ownwell

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

When examining property taxes in Smyrna, 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 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 Smyrna.

For example, the median home price in Smyrna is $281,745, with tax bills ranging significantly across the county. Zip code 19977 has the highest median home price at $281,745.

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

Source: Ownwell

$71,775

$387,113

$702,450

Median Smyrna Market Value

$281,745

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 Smyrna, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19977	$109,344	$204,165	$281,745	$358,020	$418,023

Source: Ownwell

Property Tax Bills Across Smyrna, New Castle County, Delaware

Property tax bills in Smyrna, located in New Castle County, Delaware, are calculated based on the assessed value of a property. The assessed value is typically a percentage of the market value, which is determined by local government assessors. Homeowners in Smyrna face a median property tax bill of $1,926, which is lower than the national median of $2,400. Factors influencing the tax bill include the property's assessed value and the local tax rate. For homeowners, these taxes can represent a significant annual expense, impacting their overall financial planning. However, with the right strategies, there are opportunities to reduce this burden.

Ownwell offers expert property tax appeal and exemption services to help homeowners potentially lower their tax bills. By analyzing the assessed value and comparing it with market trends, Ownwell identifies discrepancies and assists in filing appeals. This proactive approach can lead to substantial savings, ensuring homeowners in Smyrna are not overpaying on their property taxes.

Property Tax Bills Across Smyrna, New Castle County, Delaware

Source: Ownwell

$702

$6,369

$12,036

Median Smyrna Tax Bill

$1,926

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 Smyrna, New Castle County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19977	$578	$1,225	$1,926	$2,520	$3,347

Source: Ownwell