Frankford, Sussex County, Delaware Property Taxes

Name: Property Tax Bills Across Frankford, Sussex County, Delaware
Creator: Ownwell
License: https://creativecommons.org/licenses/by-nc/4.0/

Median Frankford, DE effective property tax rate: 2.12%, significantly higher than the national median of 1.02%.
Median Frankford, DE home value: $37,400
Median annual Frankford, DE tax bill: $837, $1,563 lower than the national median property tax bill of $2,400.

How are property taxes in Sussex calculated?

Property taxes in Frankford, 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 Frankford’s property tax system, exemptions, and reduction opportunities can lead to significant savings. Regardless of where you live in Frankford, knowing local tax details benefits homeowners and investors.

Last Updated March 1, 2025

Frankford, Sussex County, Delaware Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.12%

Estimate Property Tax Bill

$793

$736

Ownwell’s Frankford Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Frankford with just two data points. By entering your property's estimated assessed value, our calculator applies Frankford’s median effective tax rate to accurately estimate your property tax bill. Note that your property's assessed value — determined by your county — reflects any exemptions you may have, ensuring a precise calculation for your property tax obligations. This insightful tool helps you understand potential tax liabilities and highlights how Ownwell can assist in reducing property taxes in Sussex County. For those interested in more localized information, please scroll down to explore city-level trends!

Property Tax Rates Across Frankford, Sussex County, Delaware

Local government entities set tax rates, which can vary widely within a state. 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 Frankford’s effective property tax rate to other cities in Delaware and the median property tax rates in Delaware and the U.S.

Frankford, located in Sussex County, boasts a median property tax rate of 2.12%, which is notably higher than the national median property tax rate of 1.02%. This rate is consistent across Sussex County, as it also represents both the highest and lowest median tax rates within the region, as indicated by the zip code 19945. This means that property owners in Frankford face a higher tax burden compared to the national average, which translates to higher annual property tax bills. Understanding these rates can empower property owners to make informed decisions about their investments and potential tax appeal opportunities.

Property Tax Rates Across Frankford, Sussex County, Delaware

Source: Ownwell

2.07%

2.51%

2.96%

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 Frankford Tax Rate

2.12%

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 Frankford, Sussex County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19945	1.49%	2.08%	2.12%	2.20%	2.63%

Source: Ownwell

Property Tax Assessment Values Across Frankford, Sussex County, Delaware

When examining property taxes in Frankford, 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. Assessment notices: 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 Frankford. For example, the median home price in Frankford is $37,400, with tax bills ranging significantly across the county. Zip code 19945 has the highest median home price at $37,400.

Property Tax Assessment Values Across Frankford, Sussex County, Delaware

Source: Ownwell

$23,500

$41,800

$60,100

Median Frankford Market Value

$37,400

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 Frankford, Sussex County, Delaware

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19945	$12,000	$23,300	$37,400	$56,300	$69,500

Source: Ownwell

Property Tax Bills Across Frankford, Sussex County, Delaware

In Frankford, Sussex County, DE, property tax bills are calculated based on the assessed value of a property, which is determined by local tax assessors. The assessed value is a percentage of the market value, and tax rates are applied to this assessed value to determine the annual tax bill. With a median home price of $37,400, homeowners in Frankford can expect a property tax bill that aligns with the county's median of $837, which is significantly lower than the national median property tax bill of $2,400. Factors such as property size, location, and improvements can influence the assessed value, thereby affecting the tax bill. Homeowners may find themselves paying anywhere from $538 at the 25th percentile to $1,476 at the 90th percentile. Ownwell assists homeowners by providing expert property tax appeal services, potentially lowering their tax bills. By analyzing property assessments and market trends, Ownwell identifies opportunities for tax reductions, ensuring homeowners only pay their fair share, thus saving them money.

Property Tax Bills Across Frankford, Sussex County, Delaware

Source: Ownwell

$565

$975

$1,385

Median Frankford Tax Bill

$837

Median Sussex County Tax Bill

$943

Median Delaware Tax Bill

$1,362

Median United States Tax Bill

$2,400

Property Tax Bills Across Frankford, Sussex County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19945	$293	$538	$837	$1,212	$1,476

Source: Ownwell