Counties › Delaware

Cost of Living in New Castle County, DE

Population 577,961 · Census ACS 2020–2024 5-year estimates

Median rent$1,448
Median home value$352,200
Median household income$91,166

The median rent in New Castle County, DE is $1,448/month, 3% higher than the Delaware median and 2% higher than the U.S. median. The median home value is $352,200, 6% higher than the national median. Households earn a median of $91,166 a year, 7% higher than the state median.

Affordability

Rent as a share of median income: 19.1%
Income needed for median rent (30% rule): $57,920/yr
Home price-to-income ratio: 3.9×
Est. mortgage on the median home (20% down, 6.5% for 30 yrs, principal + interest): $1,781/mo

Run your own numbers: mortgage calculator · hourly to salary

New Castle County vs. Delaware vs. U.S.

New Castle CountyDelawareU.S.
Median rent$1,448$1,401$1,413
Median home value$352,200$352,000$332,700
Median household income$91,166$84,954$80,734
Homeownership rate69.0%73.0%65.2%
Bachelor's degree or higher39.7%35.8%35.7%
Poverty rate10.1%10.4%12.5%
Unemployment rate4.8%5.1%5.2%
Work from home17.6%15.0%15.1%
Median age39.341.638.9

FAQ

What is the average rent in New Castle County, DE?

The median gross rent in New Castle County, DE is $1,448 per month (ACS 2020–2024 5-year estimate).

How much do I need to earn to live in New Castle County, DE?

Using the common 30% rule, renting a median-priced home takes about $57,920 a year in gross income.

Is New Castle County, DE expensive to live in?

Rent there is 2% higher than the U.S. median, and the median home costs about 3.9 times the median household income.

Other counties in Delaware

Sussex County, DERent $1,238 · Income $81,497Kent County, DERent $1,354 · Income $74,477

Counties with a similar cost of living

Sumner County, TNRent $1,424 · Income $90,301Washtenaw County, MIRent $1,463 · Income $89,180Yamhill County, ORRent $1,480 · Income $90,063Fairbanks North Star Borough, AKRent $1,459 · Income $88,267Orange County, NCRent $1,496 · Income $90,089Hood River County, ORRent $1,417 · Income $88,947

Source: U.S. Census Bureau, American Community Survey 5-year estimates. Estimates have margins of error, especially for smaller places. This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

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