Bear, New Castle County, Delaware Property Taxes
Property Taxes in Bear, Delaware
Median Bear, Delaware effective property tax rate: 0.83%, significantly lower than the national median of 1.02%, and lower than the Delaware state median of null%.
Median Bear, Delaware home value: $338,040
Median annual Bear, Delaware tax bill: $2,835, $435 higher than the national median property tax bill of $2,400.
How are property taxes in New Castle calculated?
Property taxes in Bear, Delaware are calculated based on the tax assessed value, which is often lower than the actual market value due to property tax exemptions such as the homestead or senior exemption.
Understanding Bear's property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Bear, knowing local tax details benefits homeowners and investors.
Last Updated April 13, 2026
Bear, New Castle County, Delaware Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.83%
Estimate Property Tax Bill
$2,806
$2,604
How Does the Bear Property Tax Calculator Work?
Use this Bear property tax calculator to estimate your annual property tax bill. Enter your property's assessed value and our calculator applies Bear's median effective tax rate of 0.83% — based on actual property records in New Castle County — to generate your estimate.
Enter your property's estimated assessed value — the figure the local appraisal district uses to calculate your bill, which reflects any exemptions you hold and is typically lower than your home's market value. Our calculator applies Bear's median effective rate across all local levies, providing a more accurate estimate than applying a single county millage rate.
Your bill may vary by ZIP code within Bear: rates range from 0.83% in 19701 to 0.83% in 19701, primarily due to differences in school district levies and local assessment districts.
For a more precise estimate, scroll down to explore ZIP code-level tax rate trends across Bear.
About Bear Property Taxes
About Property Taxes in Bear, New Castle, Delaware
Bear’s median effective property tax rate of 0.83% is lower than the Delaware state median and lower than the national median of 1.02%. This rate reflects the New Castle County base levy combined with local school district levies and special assessment districts that vary by subdivision throughout the city.
Property tax rates are not uniform across Bear. Homeowners in the 19701 ZIP code carry a median effective rate of 0.83%, while those in the lowest ZIP also pay 0.83%. This spread reflects how school district boundaries and local assessment districts are drawn across New Castle County. Understanding which part of Bear you live in can make a meaningful difference to your annual tax bill.
Bear homeowners who believe their assessed value is too high can file a formal appeal with the Tax Assessor before March 14, 2026.
If your estimated bill above seems higher than expected, Ownwell can review your assessment and protest on your behalf. You only pay if we save you money.
Property Tax Rates Across Bear, New Castle County, Delaware
As noted earlier, local government entities set tax rates, which can vary widely within a state.
Why? Because annually, each county estimates its required budget to provide services and divides that by the total value of all taxable property within its jurisdiction. This calculation results in the property tax rate.
While there are votes and laws involved in setting tax rates and budgets, in a nutshell, this is the annual process.
Below, you can compare Bear's effective property tax rate to other cities in Delaware and the median property tax rates in Delaware and the U.S.
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective Bear Tax Rate
0.83%
Our median effective property tax rate (tax bill ÷ assessor's market value) accounts for exemptions and deductions, making it more accurate than the general median tax rate, which is the midpoint of statutory rates before adjustments.
Median Effective New Castle County Tax Rate
0.80%
Median Effective Delaware Tax Rate
1.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Bear, New Castle County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19701 | 0.54% | 0.70% | 0.83% | 0.98% | 1.15% |
Source: Ownwell
Property Tax Assessment Values Across Bear, New Castle County, Delaware
When examining property taxes in Bear, Delaware, understanding the distinction between "market value" and "assessed value" is crucial.
The market value is what a willing buyer would pay to a willing seller in an open and competitive market, often influenced by location, property condition, and economic market trends. The New Castle County office estimates the market value for tax purposes.
The assessed value is the market value minus any applicable exemptions or limits determined by local laws and offerings. The tax assessed value is the figure used to calculate your property taxes or the amount multiplied by your tax rate to get your tax bill.
Assessment notices:
In New Castle County, assessment notices are sent in the spring each year. They'll typically reach your mailbox by the middle of the spring.
Each property owner receives an assessment notice that contains both the market value and assessed value, along with an estimate of your property tax bill. By providing insights into how assessed and market values are determined, this section helps property owners navigate their tax responsibilities and understand the valuation processes affecting their property taxes in Bear.
For example, the median home price in Bear is $338,040, with tax bills ranging significantly across the county. 19701 has the highest median home price at $338,040.
Property Tax Assessment Values Across Bear, New Castle County, Delaware
Source: Ownwell
$99,090
$472,410
$845,730
Median Bear Market Value
$338,040
Median New Castle County Market Value
$290,430
Median Delaware Market Value
$66,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Bear, New Castle County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19701 | $89,200 | $238,680 | $338,040 | $443,790 | $531,630 |
Source: Ownwell
Property Tax Bills Across Bear, New Castle County, Delaware
Property tax bills in Bear are based on the assessed value of a home, not the market price alone. Local tax rates are applied to that assessed value to determine the annual bill, so a higher assessment usually means a higher tax bill. Factors such as the home’s characteristics, location, and any changes in value can all affect the final amount homeowners owe.
For Bear homeowners, the median home price is $338,040, and the median property tax bill is $2,835, which is above the national median property tax bill of $2,400. That means property taxes can take a larger share of housing costs here than they do in many parts of the country. Bills also vary widely: the 25th percentile is $2,197, while the 75th percentile is $3,613 and the 90th percentile reaches $4,305. This range shows how much assessments and local tax calculations can differ from one home to another.
Median Bear Tax Bill
$2,835
Median New Castle County Tax Bill
$2,329
Median Delaware Tax Bill
$1,454
Median United States Tax Bill
$2,400
Property Tax Bills Across Bear, New Castle County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19701 | $901 | $2,197 | $2,835 | $3,613 | $4,305 |
Source: Ownwell
Don't miss the deadline to appeal!
Dates | |
|---|---|
| Appeal Deadline | March 14 |
Links | |
|---|---|
| New Castle Tax Assessor | |
| Website | www3.newcastlede.gov |