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Felton

Learn about the people, housing, costs and businesses in Felton, Delaware

Median Home$297,000
Median Rent$1,062/month
Population1,379
Leading IndustriesPublic Administration · Wholesale Trade · Arts, Food & Hospitality31% public administration
Home Value Growth⬆⬆+19.2% over 2 years
Young Adults24% of residents
Homeowners81% of occupied units
NotableVeteran Community10% of residents · top 14% nationally
Felton
DE

Frequently Asked Questions

What are today's mortgage rates in Felton?

As of today, the 30-year fixed mortgage rate for Felton is approximately 6.925% (6.962% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

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What is the median home price in Felton?

The median home value in Felton is $297k. The median monthly rent is $1,062. Annual property taxes average $1k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Felton?

Home values in Felton have increased 19.2% 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 Felton?

Based on a typical all-in ownership cost of $999/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $43k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Felton is $74k/year.

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What industries drive the economy in Felton?

The largest employment sectors in Felton are public administration (31%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.