Fenwick Island, Sussex County, Delaware Property Taxes
Median Fenwick Island, DE effective property tax rate: 2.08%, significantly higher than the national median of 1.02%.
Median Fenwick Island, DE home value: $60,100
Median annual Fenwick Island, DE tax bill: $1,211, $1,189 lower than the national median property tax bill of $2,400.
How are property taxes in Sussex calculated?
Property taxes in Fenwick Island, 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 Fenwick Island’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Fenwick Island, knowing local tax details benefits homeowners and investors.
Last Updated March 1, 2025
Fenwick Island, Sussex County, Delaware Property Tax Bill Calculator
$100,000
$1,500,000
$3,000,000
Median Effective Tax Rate
2.08%
Estimate Property Tax Bill
$1,250
$1,160
Property Tax Rates Across Fenwick Island, Sussex County, Delaware
Local government entities determine tax rates, which can vary significantly within a state. This variation is due to the annual process where each county calculates its necessary budget to provide public services and divides it by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While the process involves votes and legislation, this is essentially how it works each year.
In Fenwick Island, located in Sussex County, Delaware, the effective property tax rate stands out when compared to other cities within the state. With a median tax rate of 2.08%, it is notably higher than the national median property tax rate of 1.02%. This distinction highlights the unique fiscal landscape of Fenwick Island, where property owners face a higher tax burden compared to the national average. Understanding these rates can be crucial for property owners considering an appeal or seeking exemptions, as they navigate the financial responsibilities tied to property ownership in this region.
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 Fenwick Island Tax Rate
2.08%
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
2.20%
Median Effective Delaware Tax Rate
1.41%
Median Effective United States Tax Rate
1.02%
Property Tax Rates Across Fenwick Island, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Rate | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19944 | 2.07% | 2.07% | 2.08% | 2.09% | 2.11% |
Source: Ownwell
Property Tax Assessment Values Across Fenwick Island, Sussex County, Delaware
When examining property taxes in Fenwick Island, 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 Sussex County assessment 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.
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 Fenwick Island. For example, the median home price in Fenwick Island is $60,100, with tax bills ranging significantly across the county. Zip code 19944 has the highest median home price at $60,100.
Property Tax Assessment Values Across Fenwick Island, Sussex County, Delaware
Source: Ownwell
$23,500
$41,800
$60,100
Median Fenwick Island Market Value
$60,100
Median Sussex County Market Value
$42,000
Median Delaware Market Value
$64,200
Median United States Market Value
$235,294
Property Tax Assessment Values Across Fenwick Island, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Home Price | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19944 | $9,220 | $38,950 | $60,100 | $87,050 | $116,600 |
Source: Ownwell
Property Tax Bills Across Fenwick Island, Sussex County, Delaware
Median Fenwick Island Tax Bill
$1,211
Median Sussex County Tax Bill
$943
Median Delaware Tax Bill
$1,362
Median United States Tax Bill
$2,400
Property Tax Bills Across Fenwick Island, Sussex County, Delaware
| Zip | 10th Percentile | 25th Percentile | Median Tax Bill | 75th Percentile | 90th Percentile |
|---|---|---|---|---|---|
| 19944 | $182 | $789 | $1,211 | $1,765 | $2,356 |
Source: Ownwell