Farmington, Delaware

Cost of living in Farmington, Delaware

  • Cost of living compated to USAhigh
  • Cost of living compared to Delawarelow
  • Median household incomehigh

Is it expensive to live in Farmington, Delaware? When calculating the cost of living in Farmington, 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 Farmington, Delaware is highAnalytics 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, while median household income in Farmington is $64,674 which is high Analytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in the United States and moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Delaware.

Taxes in Farmington, Delaware

The sales tax rate in Farmington, Delaware is 0.0%. Last year, the average property taxes paid was 0.5% Farmington, 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 Farmington, Delaware

  • The average cost of a single-family home compated to USAhigh
  • The average cost of a single-family home compated to Delawarehigh

In Farmington, Delaware, 98% of the population owns their homes, while approximately 2% rent. The average cost of a single-family home in Farmington, Delaware in 2022 is $316,252 which is highAnalytics 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. The average one-bedroom apartment cost is approximately $820 per month.

Rental SizeMonthly CostCompared to Delaware
1 Bedroom$820lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom$970lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom$1,380lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom$1,610lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
Cities Near Farmington: Leipsic, Clayton, Houston, Woodside, Bowers