Dewey Beach, Delaware

Cost of living in Dewey Beach, Delaware

  • Cost of living compated to USAthe highest
  • Cost of living compared to Delawarehigh
  • Median household incomethe highest

Is it expensive to live in Dewey Beach, Delaware? When calculating the cost of living in Dewey Beach, Delaware we factor in state income tax rates, average housing rental prices, average property values, cost of living index, and more.

The cost of living in Dewey Beach, Delaware is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Delaware, while median household income in Dewey Beach is $96,557 which is the highest Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Delaware.

Taxes in Dewey Beach, Delaware

The sales tax rate in Dewey Beach, Delaware is 0.0%. Last year, the average property taxes paid was 0.3% Dewey Beach, Delaware.

Here is the table with the State Income Taxes in the state of Delaware:

State Income Tax Brackets (Single):

Income Bracket Threshold Income Bracket Ceiling Delaware Income Tax Rate
$0 $2,000 0.0%
$2,000 $5,000 2.2%
$5,000 $10,000 3.9%
$10,000 $20,000 4.8%
$20,000 $25,000 5.2%
$25,000 $60,000 5.55%
$60,000 $9,999,999 6.6%

State Income Tax Brackets (Married):

Income Bracket Threshold Income Bracket Ceiling Delaware Income Tax Rate
$0 $2,000 0.0%
$2,000 $5,000 2.2%
$5,000 $10,000 3.9%
$10,000 $20,000 4.8%
$20,000 $25,000 5.2%
$25,000 $60,000 5.55%
$60,000 $9,999,999 6.6%

Housing costs in Dewey Beach, Delaware

  • The average cost of a single-family home compated to USAthe highest
  • The average cost of a single-family home compated to Delawarethe highest

In Dewey Beach, Delaware, 91% of the population owns their homes, while approximately 9% rent. The average cost of a single-family home in Dewey Beach, Delaware in 2022 is $573,411 which is the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the highestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Delaware. The average one-bedroom apartment cost is approximately $890 per month.

Rental SizeMonthly CostCompared to Delaware
1 Bedroom$890moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,170highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,560highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,840highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest