Delaware vs North Dakota
Property Tax Comparison: Delaware vs. North Dakota
Introduction
Both Delaware and North Dakota levy property taxes that fund local services such as schools, roads, and public safety. According to the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates), Delaware’s effective property‑tax rate is lower than North Dakota’s, resulting in smaller annual tax bills for comparable home values. The following sections present the key figures side by side, identify which state has the lower rate, and outline the types of taxpayers for whom this information may be most relevant.
Side‑by‑Side Comparison
| Metric | Delaware | North Dakota |
|---|---|---|
| Effective property‑tax rate | 0.53 % | 0.99 % |
| Median home value | $326,800 | $241,100 |
| Median annual property tax | $1,731 | $2,392 |
| Property tax on a $250,000 home | $1,324 | $2,480 |
| Property tax on a $500,000 home | $2,649 | $4,961 |
| Median household income | $82,855 | $75,949 |
| Source | U.S. Census Bureau, 2023 ACS (5‑year) | U.S. Census Bureau, 2023 ACS (5-year) |
Internal links: For more detailed state‑specific information, see the pages on Delaware property tax and North Dakota property tax.
Which State “Wins” on Property Taxes?
Based on the effective property‑tax rate, Delaware has the lower rate at 0.53 % compared with North Dakota’s 0.99 %.
- Rate difference: 0.46 percentage points, which is a 46.61 % lower rate in Delaware.
- Annual tax difference for a $250,000 home: $1,156 less in Delaware.
- Annual tax difference for a $500,000 home: $2,312 less in Delaware.
Because the tax rate directly determines the amount owed on any given property value, the lower rate in Delaware translates into lower annual property‑tax bills for homeowners at the same price point.
Who Might Benefit Most from This Comparison?
| Audience | Relevance of the Comparison |
|---|---|
| Current or prospective homeowners | Understanding the relative cost of owning a home in each state helps when budgeting for mortgage payments and ongoing expenses. |
| Retirees and fixed‑income households | Lower property taxes can reduce the overall cost of living, making Delaware potentially more attractive for those relying on a fixed income. |
| Real‑estate investors | Effective tax rates affect cash‑flow projections; a lower rate in Delaware may improve net operating income on rental properties. |
| Relocating families | Combined with median household income data, the comparison provides a snapshot of affordability relative to local earnings. |
| Policy analysts | The data illustrate how state‑level tax structures differ, useful for evaluating fiscal policy impacts. |
All of the above groups can use the presented figures to make data‑driven decisions about where to purchase or invest in residential real estate.
Summary
- Delaware has the lower effective property‑tax rate (0.53 % vs. 0.99 %).
- This rate difference yields annual tax savings of roughly $1,156 on a $250 k home and $2,312 on a $500 k home.
- The comparison is most pertinent to homeowners, retirees, investors, and anyone assessing the total cost of housing in the two states.
Based on the most recent ACS estimates, these figures reflect the average tax burden experienced by households in each state.
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Data Source
All figures are drawn from the U.S. Census Bureau's 2023 American Community Survey (5‑year estimates). This comprehensive dataset provides reliable, standardized property tax information across all states.