Cost of Living in New Castle County, Delaware
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
How New Castle County Compares
Median monthly rent comparison
Detailed Housing Stats
Data Story
About Cost of Living in New Castle County, Delaware
New Castle punches above its weight economically
With a median household income of $89,901—significantly higher than the national median of $74,755—New Castle residents earn 20% more than typical American households. This income advantage translates to a 18.4% rent-to-income ratio that sits comfortably below the national average, making housing more manageable despite higher absolute costs.
Delaware's most affordable county for renters
New Castle's 18.4% rent-to-income ratio beats the state average of 19.4%, ranking it as the most rental-affordable county in Delaware. The combination of robust household incomes and relatively stable rents creates a stronger affordability picture than its inland and coastal peers.
Highest earners, but not the cheapest rents
New Castle's $1,379 monthly rent is the priciest in the state, but its residents earn 14% more than Kent County and 15% more than Sussex County households. That income cushion allows New Castle renters to manage their higher housing costs better than their counterparts elsewhere.
Income-to-housing balance tips in New Castle's favor
Renters spend $1,379 monthly while homeowners pay $1,479, yet median household income of $89,901 ($7,492/month) means housing takes roughly 18–20% of income—the lowest burden in Delaware. New Castle's stronger wage economy provides breathing room that lower-income counties simply cannot match.
Relocating to Delaware's economic hub
New Castle County's proximity to Wilmington's financial and professional sectors commands higher rents, but the region's above-average incomes make it the most affordable choice for renters statewide. If you're moving for job growth, New Castle offers the best housing-to-income alignment among Delaware's three counties.
Affordability Calculator
See how your income compares to housing costs in New Castle County
Rent Burden
18.4%
of gross income
Max Housing (28% Rule)
$2,098
per month
Owner Cost Burden
19.7%
of gross income
The median home in New Castle County may be a stretch
Median home value is $329,800. Estimated monthly cost: $2,633 vs. your max of $2,098.
Rent Affordability Guide
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2019-2023) — Informational only. Not financial or legal advice.