Newark, Delaware is home to the University of Delaware and a growing biotech and financial-services base. New Castle County's property tax rate applies here, below Wilmington's city rate but still elevated.
Recommended for incomes above $100k/yr (28% DTI rule)
Newark housing market
The 1.65% property tax rate reflects the county-level effective rate for Newark and is used to calculate your monthly tax escrow above. This rate may differ from the statewide Delaware average — county-level data produces more accurate monthly payment estimates for Newark buyers. Many Newark properties also carry HOA fees — the area average is approximately $150/month, which is not included in the calculator above.
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