Is Delaware A Good State To Live In?

by | Last updated on January 24, 2024

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Delaware’s scenic

beauty, low taxes and affordable housing

make this tiny state a wonderful place to live, work and play. … Increasing numbers of people – from young couples to retirees – have discovered the wide-ranging benefits of Delaware living.

What are the cons of living in Delaware?

  • You will need to content with a high population density when living here. …
  • Delaware is dealing with a shortage of doctors. …
  • The cost of living in Delaware is higher than the rest of the United States. …
  • There are rising housing costs to consider before moving to Delaware.

Is it expensive to live in Delaware?

COST OF LIVING Delaware United States Health 115.7 100 Housing 100.3 100 Median Home Cost $304,500 $291,700 Utilities 105.2 100

What are the advantages of living in Delaware?

  • Lovely Coastal Vistas. Delaware offers miles of stunning Atlantic coastline. …
  • Proximity to Popular East Coast Urban Centers. …
  • Many Appealing Suburban Neighborhoods. …
  • Fun Small Town Festivals. …
  • Tax Benefits. …
  • A Great Medical Infrastructure. …
  • High Population Density. …
  • Poorly Rated Public Schools.

Is Delaware a good state to move to?

Delaware’s scenic beauty,

low taxes and affordable housing

make this tiny state a wonderful place to live, work and play. … Increasing numbers of people – from young couples to retirees – have discovered the wide-ranging benefits of Delaware living.

Why is housing so cheap in Delaware?

The first state ranked among the five lowest when it comes to home property taxes and vehicle property taxes. …

Delaware’s low property tax offset by the state’s high income tax rate

. The state also has no retail sales tax, although businesses pay a gross receipts tax on sales.

Is Delaware a poor state?

In fact, even after the national economic growth spurt of the last few years, Delaware was one of just two states where the poverty rate rose in 2018 (to 13.6 percent). … Overall,

Delaware ranked a mediocre 29th in

the nation in the NAEP.

What are bad things about Delaware?

  • Beach traffic. Wikimedia Commons. …
  • The Christiana Mall during the holidays. diaper / Flickr. …
  • Pollen. Chad / Flickr. …
  • Construction congestion on I-95. Bobby Hidy / Flickr. …
  • Tourists. Jeffrey / Flickr. …
  • The lack of media attention…mostly. …
  • Sprawl. …
  • Potholes.

Is Delaware a safe place to live?

Delaware has the lowest population in the South Atlantic region with only 973,000 people. So while The Blue Hen state had fewer instances of property and violent crime, its crime rates per 1,000 residents made it the

third

highest in violent crime and fourth in property crime in the region.

Does it snow a lot in Delaware?

Winters in Delaware are cold, but reasonably mild due to the entire state’s proximity to the sea. …

Snow is uncommon in Delaware

, as the temperatures are usually too warm, averaging in the upper 40s°F to low 50s °F from December through February.

How much money do you need to live comfortably in Delaware?

The group estimates a family of two adults and two children in Delaware County would need to earn a combined

$93,136 per year

— or $7,761 a month — to live comfortably.

What are the bad parts of Delaware?

  • Newark. Newark is a city in New Castle County in Delaware that has a population of more than 33,000 people. …
  • Elsmere. Elsmere is a suburb of Philadelphia in the Delaware Valley that has a population of 6,049. …
  • Smyrna. …
  • Camden. …
  • New Castle. …
  • Bridgeville. …
  • Georgetown. …
  • Harrington.

What is Delaware like to live in?

Delaware is home to

incredible beaches

, plenty of small-town charm, and with plenty of things to do and places to explore in the big cities such as Wilmington and nearby Philadelphia. It’s also easy to stay fit and healthy in retirement here.

What is a good salary in Delaware?

While ZipRecruiter is seeing salaries as high as $127,942 and as low as $19,285, the majority of salaries within the Average jobs category currently range between

$46,567

(25th percentile) to $69,615 (75th percentile) with top earners (90th percentile) making $84,667 annually in Delaware.

Is Delaware an affordable state to live in?

COST OF LIVING Delaware United States Overall 102.7 100 Grocery 105.9 100 Health 115.7 100 Housing 100.3 100

Why Delaware taxes are so low?

Instead of paying that income tax, those Delaware corporations instead pay a

much lower franchise tax

. Delaware also has business-friendly usury laws, which allow banks and credit card companies to have much more freedom to charge higher interest rates on loans.

Ahmed Ali
Author
Ahmed Ali
Ahmed Ali is a financial analyst with over 15 years of experience in the finance industry. He has worked for major banks and investment firms, and has a wealth of knowledge on investing, real estate, and tax planning. Ahmed is also an advocate for financial literacy and education.