Millsboro, Sussex County, Delaware Property Taxes

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

Median Millsboro, DE effective property tax rate: 2.07%, significantly higher than the national median of 1.02%.
Median Millsboro, DE home value: $33,400
Median annual Millsboro, DE tax bill: $650, $1,750 lower than the national median property tax bill of $2,400.

How are property taxes in Sussex calculated?

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

Last Updated March 1, 2025

Millsboro, Sussex County, Delaware Property Tax Bill Calculator

Property Assessed Value

$100,000

$1,500,000

$3,000,000

Median Effective Tax Rate

2.07%

Estimate Property Tax Bill

$691

$642

Ownwell’s Millsboro Property Tax Bill Calculator empowers homeowners, real estate investors, and potential buyers to estimate their annual property taxes in Millsboro with just two data points. By entering your property's estimated assessed value, our calculator applies Millsboro’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 Millsboro, Sussex County, Delaware

Local government entities are responsible for setting tax rates, which can vary significantly within a state. This variation occurs because each county annually estimates its required budget to provide essential services and divides this by the total assessed value of all taxable properties within its jurisdiction. This calculation determines the property tax rate. While votes and laws play a role in setting these rates and budgets, this is essentially how the process works each year.

In Millsboro, located in Sussex County, Delaware, the effective property tax rate is a point of interest. When compared to other cities in Delaware and the national average, Millsboro's rate stands out. The national median property tax rate is 1.02%, with a median property tax bill of $2400. Millsboro's rate reflects the unique economic and budgetary needs of Sussex County. Understanding these rates can help property owners make informed decisions about their taxes and explore potential savings through property tax appeals or exemptions.

Property Tax Rates Across Millsboro, 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 Millsboro Tax Rate

2.07%

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 Millsboro, Sussex County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Rate	75th Percentile	90th Percentile
19966	1.34%	2.07%	2.07%	2.11%	2.17%

Source: Ownwell

Property Tax Assessment Values Across Millsboro, Sussex County, Delaware

When examining property taxes in Millsboro, 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 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 March. 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 Millsboro. For example, the median home price in Millsboro is $33,400, with tax bills ranging significantly across the county. The zip code 19966 has the highest median home price at $33,400.

Property Tax Assessment Values Across Millsboro, Sussex County, Delaware

Source: Ownwell

$23,500

$41,800

$60,100

Median Millsboro Market Value

$33,400

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 Millsboro, Sussex County, Delaware

Zip	10th Percentile	25th Percentile	Median Home Price	75th Percentile	90th Percentile
19966	$12,000	$18,600	$33,400	$55,600	$73,500

Source: Ownwell

Property Tax Bills Across Millsboro, Sussex County, Delaware

In Millsboro, Sussex County, DE, property tax bills are calculated based on the assessed value of a home, which is derived from its market value. The tax rate is then applied to this assessed value to determine the annual tax bill. With a median home price of $33,400, the property tax bill falls between $374 and $1,518, depending on the home's assessed value. This range reflects the 25th to 90th percentiles of tax bills in the area. Compared to the national median property tax bill of $2,400, Millsboro's tax bills are relatively lower, offering some relief to homeowners. However, even with lower rates, property taxes can still be a significant expense. This is where Ownwell's expertise comes into play. By providing property tax appeal and exemption services, Ownwell helps homeowners ensure their property is accurately assessed, potentially lowering their tax bills. With professional guidance, homeowners can navigate the complexities of property tax appeals, maximizing their savings and minimizing their financial burden.

Property Tax Bills Across Millsboro, Sussex County, Delaware

Source: Ownwell

$565

$975

$1,385

Median Millsboro Tax Bill

$650

Median Sussex County Tax Bill

$943

Median Delaware Tax Bill

$1,362

Median United States Tax Bill

$2,400

Property Tax Bills Across Millsboro, Sussex County, Delaware

Zip	10th Percentile	25th Percentile	Median Tax Bill	75th Percentile	90th Percentile
19966	$250	$374	$650	$1,106	$1,518

Source: Ownwell