Safe Rate Local

New Castle County

Learn about the people, housing, costs and businesses in New Castle County County

Median Home$361,584
Median Rent$1,562/month
Population577,961
Leading IndustriesArts, Food & Hospitality · Healthcare · Finance & Insurance8% arts, food & hospitality
Home Value Growth⬆⬆+18.4% over 2 years
Young Adults30% of residentsabove average nationally
Homeowners69% of occupied units
NotableHigh Incomes$98k/year · top 7% nationally
NotableAmenity Score69/100 · highly walkable area
New Castle County
DE

Frequently Asked Questions

What are today's mortgage rates in New Castle County?

As of today, the 30-year fixed mortgage rate for New Castle County is approximately 6.977% (7.002% APR). Rates vary based on your credit score, loan type, down payment, and other factors. Safe Rate updates rates daily using live investor pricing.

View current rates for New Castle County
What is the median home price in New Castle County?

The median home value in New Castle County is $362k. The median monthly rent is $1,562. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in New Castle County?

Home values in New Castle County have increased 18.4% 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 New Castle County?

Based on a typical all-in ownership cost of $1,548/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $66k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in New Castle County is $98k/year.

Calculate your buying power
What industries drive the economy in New Castle County?

The largest employment sectors in New Castle County are public administration (26%) and healthcare (12%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.

🗺️ Nearby Areas

Adjacent counties and areas