Cost of living
Greenwood, Delaware
(Greenwood is Located in Sussex County)
Cost of living in Greenwood, Delaware
Cost of living
compared to USA
the highest
Cost of living
compared to Delaware
high
Median household
income
moderate
Is it expensive to live in Greenwood, Delaware? When calculating the cost of living in Greenwood, 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 Greenwood, 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 Greenwood is $61,427 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 Greenwood, Delaware
The sales tax rate in Greenwood, Delaware is 0.0%. Last year, the average property taxes paid was 0.3% Greenwood, Delaware.
Here is the table with the State Income Taxes in the state of Delaware:
State Income Tax Brackets:
| Income Brackets(single): | Income Brackets(Married): | Delaware Income Tax Rate |
|---|---|---|
| $2,000 - $5,000 | $2,000 - $5,000 | 2.2% |
| $5,000 - $10,000 | $5,000 - $10,000 | 3.9% |
| $10,000 - $20,000 | $10,000 - $20,000 | 4.8% |
| $20,000 - $25,000 | $20,000 - $25,000 | 5.2% |
| $25,000 - $60,000 | $25,000 - $60,000 | 5.5% |
| >= $60,000 | >= $60,000 | 6.6% |
Housing costs in Greenwood, Delaware
The average cost of
a single-family home
compated to USA
high
The average cost of
a single-family home
compated to Delaware
moderate
In Greenwood, Delaware, 37.0% of the population owns their homes, while approximately 63.0% rent. The average cost of a single-family home in Greenwood, Delaware in 2022 is $311,963 which is highAnalytics 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. The average one-bedroom apartment cost is approximately $860 per month.
| Rental Size | Monthly Cost | Compared to Delaware |
|---|---|---|
| 1 Bedroom | $860 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $1,110 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,480 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,770 | lowAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Cities Near Greenwood, DE
Get detailed information on cities nearest to Greenwood, DE
Bridgeville-Greenwood, DE
Location data:
Low property tax
Low sales tax
Great weather (high number of days with temperatures 50-90 F)
Ellendale, DE
Location data:
Fast internet (mobile)
Within 10-50 miles from an airport
Low sales tax
Frankford, DE
Location data:
Race diversity
Within 10-50 miles from an airport
Great weather (high number of days with temperatures 50-90 F)
Cities Near Greenwood, DE
Get detailed information on cities nearest to Greenwood, DE
Bridgeville-Greenwood, DE
Location data:
Low property tax
Low sales tax
Great weather (high number of days with temperatures 50-90 F)
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