State Sales Tax: There is no State Sales tax.
Income Tax Rates: Delaware has six marginal tax
brackets, ranging from 2.2% - 6.6%
Tax Incentives: More than 50% of Fortune 500
companies are incorporated here due to its favorable
corporate tax structures.
Average Cost of Living: Based on the Federal Cost
of Living Index, Delaware’s score of 110 is above the
national average of 100.
Medical Centers: With a population of just under one
million people, Delaware has 12 hospitals. Christiana
Care Christiana Hospital in Newark maintains an excellent reputation, and is ranked nationally in four adult
specialties. Beebe Healthcare in Lewes has been the
recipient of many awards, including the Distinguished
Hospital Award for Clinical Excellence.
DE — AT A GLANCE
“It’s just a beautiful, happy place to live.”
JoAnn Bussa, Homeowner at Stonewater
Creek, Millsboro, DE
Having moved from the hustle and bustle of Long Island
in May 2016, Pete and JoAnn Bussa couldn’t be more delighted with the many perks that coastal community living
has to offer at Stonewater Creek. Relishing the efficiency
and superior design of their Insight Home, the Bussa’s are
also making the most of Delaware’s affordable lifestyle.
While exploring the water with their new pontoon, enjoying the many fine dining choices, and relishing the warm
Southern hospitality, they’re not surprised that half of their
friends want to re-locate to Delaware too.
“We’ve done more in a year and a half
here than in 15 years where we lived
Chuck Gibson, Homeowner at The Peninsula,
Kate and Chuck Gibson have found their slice of heaven
on earth at The Peninsula and are loving every minute of
it. This lake-inspired community is host to a world-class
golf course, outdoor pool, clubhouse, and 225 acres of a
stunning protected nature reserve complete with forest,
hiking trials, and enough wildlife to satisfy the amateur
photographer in us all.
“When we drove in the gate here, Kate said, ‘I’m done
looking!”’ laughs Chuck Gibson, and indeed they were.
Creating Homes On A Foundation
Schell Brothers prides itself on putting a ‘culture
of happiness’ above and beyond high profits.
Building energy-efficient homes that allow for
customized features, within a wide range of
coastal and lakeside communities, Schell Brothers is well-known for providing outstanding customer service and having a team of ‘fun-loving,
outgoing people who genuinely enjoy life.’
“The Delaware beaches are a huge attraction
for folks deciding to move to our area; they are
among the cleanest in the nation. In addition,
many retirees flock here for the tax benefits.
There is no sales tax, no personal property tax,
and no inheritance tax. Property taxes on a
2,000-square- foot home in Delaware run in the
range of $125/month,” explains a Schell Brothers
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