Cost of living
Laurel, Delaware
(Laurel is Located in Sussex County)
Cost of living in Laurel, Delaware
Cost of living
compared to USA
the highest
Cost of living
compared to Delaware
high
Median household
income
the lowest
Is it expensive to live in Laurel, Delaware? When calculating the cost of living in Laurel, 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 Laurel, 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 Laurel is $40,313 which is the lowest Analytics 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.
Taxes in Laurel, Delaware
The sales tax rate in Laurel, Delaware is 0.0%. Last year, the average property taxes paid was 0.3% Laurel, 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 Laurel, Delaware
The average cost of
a single-family home
compated to USA
high
The average cost of
a single-family home
compated to Delaware
low
In Laurel, Delaware, 32.0% of the population owns their homes, while approximately 68.0% rent. The average cost of a single-family home in Laurel, Delaware in 2023 is $297,394 which 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. The average one-bedroom apartment cost is approximately $680 per month.
| Rental Size | Monthly Cost | Compared to Delaware |
|---|---|---|
| 1 Bedroom | $680 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 2 Bedroom | $900 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 3 Bedroom | $1,170 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
| 4 Bedroom | $1,430 | the lowestAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest |
Utility Expenses for Occupied Housing Units per Month
Electric Bill
Gas Bill
Water and Sewer Bill
Expenses for Other House Heating Fuels
Mortgage status:
Housing units with a mortgage, contract to purchase, or similar debt 69%
Housing units without a mortgage 31%
Housing units without a mortgage 31%
Housing units with a mortgage, contract to purchase, or similar debt 69%
Housing units with multiple mortgages 8%
Housing units with no second mortgage and no home equity loan 92%
Home equity loan without a primary mortgage 0%
Mortgage, with only second mortgage 0%
Mortgage, with only home equity loan 71%
Mortgage with both second mortgage and home equity loan 29%
Gross rent as a percentage of household income in the past 12 months (dollars):
Year Structure Built
The dynamics of changes in housing prices
Cities Near Laurel, DE
Get detailed information on cities nearest to Laurel, DE
Laurel-Delmar, DE
Location data:
Low sales tax
Low property tax
Fast internet (mobile)
Compare side by side:
Compare side by side:
VSChoose which calculator you want to use:
Compare cities
Compare climate
Compare schools
Compare cost of living
another city:
Discover The Best Cities To Relocate To In 2023
Discover The Best Cities To Relocate To In 2023
Looking To Relocate?
Use one of Dwellics Calculators below to compare big and small cities, villages, towns and neighborhoods across the US
Guide me
Check Rates
Find a Home
Need Data For Your Move?
Skip the calculators and get the data that's important to you by filling out our unique, algorithm driven form.
Our data is sourced from places like the United States Census Bureau, the Department of Housing and Urban Development, the Bureau of Labor Statistics, and much more. Scroll down our data page for more details.
Mortgage Rates from
Our Partners
%
%
%
%
%
%
%
%
U.S weekly averages as of
30-Yr FRM
%
15-Yr FRM
%
We value your privacy and will not spam you. You may opt out at any time. By submitting you agree to our privacy policy and terms of service
The disclosed APR is the “par” rate with NO discount points. Interest rate quoted assumes a purchase or rate-term refinance with 30 day lock pricing at 80% loan-to-value (LTV), a minimum FICO score of 760 on a primary residence. The actual interest rate, APR and payment may vary based on the specific terms of the loan selected, verification of information, your credit history, the location and type of property, and other factors as determined by the Lender. This rate is available at GenNext Mortgage partner, rates of other partners may differ. Not available in all states. Not all applicants will qualify. Rates and terms are effective on and are subject to change without notice.