Middletown, New Castle County, Delaware Property Taxes
Median Middletown, DE effective property tax rate: 0.80%, significantly lower than the national median of 1.02%.
Median Middletown, DE home value: $379,440
Median annual Middletown, DE tax bill: $3,088, $688 higher than the national median property tax bill of $2,400.
How are property taxes in New Castle calculated?
Property taxes in Middletown, DE 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 Middletown’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Middletown, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Middletown, New Castle County, Delaware Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
0.8%
Estimate Property Tax Bill
$3,036
$2,817
Property Tax Rates Across Middletown, New Castle County, Delaware
Local government entities in Delaware set property tax rates, which can vary significantly from one area to another. Each year, counties like New Castle estimate their necessary budget to provide essential services. They then divide this budget by the total assessed value of all taxable properties within their jurisdiction, resulting in the property tax rate. While voting and legislation play roles in determining tax rates and budgets, this annual process is the core of how property taxes are calculated.
In Middletown, located in New Castle County, the effective property tax rate provides an interesting comparison to other cities in Delaware. The city's rate aligns with the highest and lowest median tax rates within the state, reflecting a uniformity not often seen elsewhere. Additionally, when compared to the national median property tax rate of 1.02%, Middletown's rate is notably lower, offering residents a more favorable tax environment. This comparison highlights the benefits of understanding local tax structures and how they impact property owners.
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 Middletown Tax Rate
0.80%
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
0.84%
Median Effective Delaware Tax Rate
1.41%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Middletown, New Castle County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19709 | 0.57% | 0.70% | 0.80% | 0.91% | 1.12% |
Source: Ownwell
Property Tax Assessment Values Across Middletown, New Castle County, Delaware
When examining property taxes in Middletown, DE, 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 appraisal district 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 April. 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 Middletown. For example, the median home price in Middletown is $379,440, with tax bills ranging significantly across the county. Zip code 19709 has the highest median home price at $379,440.
Property Tax Assessment Values Across Middletown, New Castle County, Delaware
Source: Ownwell
$71,775
$387,113
$702,450
Median Middletown Market Value
$379,440
Median New Castle County Market Value
$248,490
Median Delaware Market Value
$64,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Middletown, New Castle County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19709 | $89,260 | $259,830 | $379,440 | $463,680 | $537,588 |
Source: Ownwell
Property Tax Bills Across Middletown, New Castle County, Delaware
Median Middletown Tax Bill
$3,088
Median New Castle County Tax Bill
$2,154
Median Delaware Tax Bill
$1,362
Median United States Tax Bill
$2,400
Property Tax Bills Across Middletown, New Castle County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19709 | $1,326 | $2,208 | $3,088 | $3,781 | $4,476 |
Source: Ownwell