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Dover

Learn about the people, housing, costs and businesses in Dover

Median Home$313,125
Median Rent$1,350/month
Population187,604
Leading IndustriesFinance & Insurance · Information & Media · Public Administration6% finance & insurance
Home Value Growth⬆⬆+18.2% over 2 years
Family-Friendly23% of residentsnear the national average
Homeowners73% of occupied units
NotableVeteran Community11% of residents · top 9% nationally
Dover

Frequently Asked Questions

What are today's mortgage rates in Dover?

Mortgage rates for Dover are updated daily on Safe Rate using live investor pricing. Rates depend on your credit score, loan type (Conventional, FHA, VA, Jumbo), and down payment. A 30-year fixed rate is the most common product for home purchases.

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What is the median home price in Dover?

The median home value in Dover is $313k. The median monthly rent is $1,350. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Dover?

Home values in Dover have increased 18.2% over the past two years. This indicates a strong appreciation trend. This data is sourced from the Federal Housing Finance Agency (FHFA) House Price Index.

How much income do you need to buy a home in Dover?

Based on a typical all-in ownership cost of $1,356/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $58k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Dover is $77k/year.

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What industries drive the economy in Dover?

The largest employment sectors in Dover are public administration (26%) and retail (8%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.