Income needed to buy a home

Every county in Delaware

In the middle county, New Castle County, the typical home takes $121,413 a year. Locals can afford the typical home in 0 of 3 counties.

CountyTypical homeMonthly costIncome neededLocal median incomeFor locals
Kent County$372,916$2,785$119,356$74,477Far off
New Castle County$367,612$2,833$121,413$91,166A stretch
Sussex County$484,777$3,569$152,942$81,497Far off

10% down, 7.40% 30-year fixed, housing at 28% of gross income. How it works.