Cost of living in Ocean View, Delaware

Cost of living
compared to USA

the highest

Cost of living
compared to Delaware

high

Median household
income

high

Is it expensive to live in Ocean View, Delaware? When calculating the cost of living in Ocean View, 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 Ocean View, 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 Ocean View is $75,852 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 highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest in Delaware.

Taxes in Ocean View, Delaware

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

The average cost of
a single-family home
compated to USA

the highest

The average cost of
a single-family home
compated to Delaware

the highest

In Ocean View, Delaware, 92.0% of the population owns their homes, while approximately 8.0% rent. The average cost of a single-family home in Ocean View, Delaware in 2023 is $479,431 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 $1,172 per month.

Rental Size	Monthly Cost	Compared to Delaware
1 Bedroom	$1,172	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
2 Bedroom	$1,541	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
3 Bedroom	$1,965	moderateAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest
4 Bedroom	$2,420	highAnalytics team at Dwellics grouped locations into 5 ranges for each metric: Lowest, Low, Moderate, High, Highest