Elsmere, Delaware

Cost of living in Elsmere, Delaware

  • Cost of living compared to USAthe highest
  • Cost of living compared to Delawarehigh
  • Median household incomemoderate

Is it expensive to live in Elsmere, Delaware? When calculating the cost of living in Elsmere, 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 Elsmere, 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 Elsmere is $62,377 which is moderate Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Delaware.

Taxes in Elsmere, Delaware

The sales tax rate in Elsmere, Delaware is 0.0%. Last year, the average property taxes paid was 0.7% Elsmere, 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 Elsmere, Delaware

  • The average cost of a single-family home compared to USAmoderate
  • The average cost of a single-family home compared to Delawarethe lowest

In Elsmere, Delaware, 66.0% of the population owns their homes, while approximately 34.0% rent. The average cost of a single-family home in Elsmere, Delaware in 2022 is $217,503 which is moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and the lowestAnalytics 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 $1,111 per month.

Rental SizeMonthly CostCompared to Delaware
1 Bedroom$1,111highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$1,340highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,630lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,893lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest