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Pike Creek

Learn about the people, housing, costs and businesses in Pike Creek, Delaware

Median Home$416,901
Median Rent$2,100/month
Population7,458
Leading IndustriesArts, Food & Hospitality · Education · Healthcare11% arts, food & hospitality
Home Value Growth⬆⬆+17.3% over 2 years
Retirees21% of residentsnear the national average
Homeowners82% of occupied units
NotableHigh Incomes$142k/year · top 5% nationally
NotableHighly Educated29% bachelor's · 14% graduate · top 10% nationally
Pike Creek
DE

Frequently Asked Questions

What are today's mortgage rates in Pike Creek?

As of today, the 30-year fixed mortgage rate for Pike Creek is approximately 6.862% (6.897% 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 Pike Creek?

The median home value in Pike Creek is $417k. The median monthly rent is $2,100. Annual property taxes average $3k. Home values are based on U.S. Census Bureau American Community Survey estimates.

Are home values rising in Pike Creek?

Home values in Pike Creek have increased 17.3% 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 Pike Creek?

Based on a typical all-in ownership cost of $1,723/month (mortgage, taxes, insurance), you'd generally need a household income of approximately $74k/year to keep housing costs at or below 28% of gross income — a common lender guideline. The median household income in Pike Creek is $142k/year.

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What industries drive the economy in Pike Creek?

The largest employment sectors in Pike Creek are public administration (21%) and healthcare (13%) of the local workforce. Industry data is sourced from the U.S. Census Bureau American Community Survey.