Selbyville, Sussex County, Delaware Property Taxes
Median Selbyville, DE effective property tax rate: 2.07%, significantly higher than the national median of 1.02%.
Median Selbyville, DE home value: $52,000
Median annual Selbyville, DE tax bill: $1,014, $1,386 lower than the national median property tax bill of $2,400.
How are property taxes in Sussex calculated?
Property taxes in Selbyville, 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 Selbyville’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Selbyville, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Selbyville, Sussex County, Delaware Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.07%
Estimate Property Tax Bill
$1,076
$999
Property Tax Rates Across Selbyville, Sussex County, Delaware
Local government entities are responsible for setting tax rates, which can vary significantly within a state. Each year, counties estimate their required budget to provide services and divide that by the total value of all taxable property within their jurisdiction. This calculation results in the property tax rate. While votes and laws influence the setting of tax rates and budgets, this is essentially the annual process.
In Selbyville, located in Sussex County, Delaware, the effective property tax rate stands at 2.07%. This rate is notably higher than both the state and national median property tax rates. The national median property tax rate is 1.02%, with a median tax bill of $2400. Delaware's property tax rates are influenced by local budget needs and property values, leading to variations across different areas. Comparing Selbyville’s rate to the national average highlights the unique tax landscape in Delaware. Understanding these differences can help property owners in Selbyville make informed decisions about their property taxes and potential appeals. The higher rate in Selbyville underscores the importance of exploring property tax appeal services to potentially reduce tax burdens.
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 Selbyville Tax Rate
2.07%
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 Sussex County Tax Rate
2.20%
Median Effective Delaware Tax Rate
1.41%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Selbyville, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19975 | 1.37% | 2.07% | 2.07% | 2.11% | 2.16% |
Source: Ownwell
Property Tax Assessment Values Across Selbyville, Sussex County, Delaware
When examining property taxes in Selbyville, 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 Sussex 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 Sussex County, assessment notices are sent in the spring each year. They’ll typically reach your mailbox by the middle of March. 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 Selbyville. For example, the median home price in Selbyville is $52,000, with tax bills ranging significantly across the county. Zip code 19975 has the highest median home price at $52,000.
Property Tax Assessment Values Across Selbyville, Sussex County, Delaware
Source: Ownwell
$23,500
$41,800
$60,100
Median Selbyville Market Value
$52,000
Median Sussex County Market Value
$42,000
Median Delaware Market Value
$64,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Selbyville, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19975 | $19,900 | $33,100 | $52,000 | $70,000 | $92,200 |
Source: Ownwell
Property Tax Bills Across Selbyville, Sussex County, Delaware
Median Selbyville Tax Bill
$1,014
Median Sussex County Tax Bill
$943
Median Delaware Tax Bill
$1,362
Median United States Tax Bill
$2,400
Property Tax Bills Across Selbyville, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19975 | $407 | $656 | $1,014 | $1,416 | $1,890 |
Source: Ownwell