Dewey Beach, Sussex County, Delaware Property Taxes
Median Dewey Beach, DE effective property tax rate: 2.96%, significantly higher than the national median of 1.02%.
Median Dewey Beach, DE home value: $44,600
Median annual Dewey Beach, DE tax bill: $1,385, $1,015 lower than the national median property tax bill of $2,400.
How are property taxes in Sussex calculated?
Property taxes in Dewey Beach, 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 Dewey Beach’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Dewey Beach, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Dewey Beach, Sussex County, Delaware Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.97%
Estimate Property Tax Bill
$1,310
$1,215
Property Tax Rates Across Dewey Beach, Sussex County, Delaware
Local government entities in Dewey Beach, Sussex County, Delaware, set tax rates that can vary significantly within the state. Each year, the county estimates its budget needs to provide essential services and divides that by the total value of all taxable property within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting tax rates and budgets, this is essentially the annual process.
In Dewey Beach, the effective property tax rate is a crucial factor for homeowners. Compared to other cities in Delaware, Dewey Beach's rate offers a unique perspective on how local government funding priorities can impact property owners. With Delaware's median property tax rate differing from the national median of 1.02%, it's important for homeowners to understand how these rates affect their financial planning. By comparing Dewey Beach's tax rate to the state and national medians, property owners can better gauge their tax obligations and make informed decisions about property investments.
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 Dewey Beach Tax Rate
2.97%
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 Sussex County Tax Rate
2.21%
Median Effective Delaware Tax Rate
1.33%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Dewey Beach, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19971 | 2.46% | 2.71% | 2.97% | 3.34% | 3.60% |
Source: Ownwell
Property Tax Assessment Values Across Dewey Beach, Sussex County, Delaware
When examining property taxes in Dewey Beach, 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 Sussex 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.
In Sussex 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 Dewey Beach.
For example, the median home price in Dewey Beach is $44,600, with tax bills ranging significantly across the county. Zip code 19971 has the highest median home price at $44,600.
Property Tax Assessment Values Across Dewey Beach, Sussex County, Delaware
Source: Ownwell
$24,350
$42,625
$60,900
Median Dewey Beach Market Value
$44,100
Median Sussex County Market Value
$42,600
Median Delaware Market Value
$66,000
Median United States Market Value
$235,294
Property Tax Assessment Values Across Dewey Beach, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19971 | $18,100 | $28,725 | $44,100 | $68,550 | $89,950 |
Source: Ownwell
Property Tax Bills Across Dewey Beach, Sussex County, Delaware
Median Dewey Beach Tax Bill
$1,352
Median Sussex County Tax Bill
$945
Median Delaware Tax Bill
$1,454
Median United States Tax Bill
$2,400
Property Tax Bills Across Dewey Beach, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19971 | $500 | $1,033 | $1,352 | $2,009 | $2,556 |
Source: Ownwell