Total monthly cost of ownership
Cost to Own a Home in North Star, Delaware
A $567,000 home here costs
$4,172per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $2,915. The real number is $1,257 higher every month — 43% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
North Star against New Castle County and Delaware
| Measure | North Star | New Castle County |
|---|---|---|
| Median home value | $566,500 | $329,800 |
| Median property tax | $4,800 | $2,444 |
| Effective tax rate | 0.847% | 0.741% |
| Median gross rent | — | $1,379 |
| Population | 8,178 | 573,030 |
The weather behind that power bill
North Star sits in New Castle County, which averages a high of 86.8°F in its hottest month and a low of 25.6°F in its coldest, with 45.33" of precipitation a year and 29% of it in a single three-month stretch. That climate drives 1,229 cooling and 4,647 heating degree days, which is what sets the $174 electricity line above.
See the full climate breakdown for New Castle County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in New Castle County
Full New Castle County cost breakdown · Every county in Delaware
Common questions
How much does it cost to own a home in North Star?
A $567,000 home in North Star, Delaware costs approximately $4,172 per month with 20% down at 6.66%. That is $2,915 principal and interest, $400 property tax, $142 homeowners insurance, $242 utilities and $473 set aside for maintenance.
What is the property tax rate in North Star?
North Star has an effective property tax rate of 0.847%, based on a median home value of $566,500 and median real estate taxes of $4,800. That is higher than the New Castle County average of 0.741%.
What is the average home price in North Star?
The median owner-occupied home value in North Star, Delaware is $566,500, against $329,800 across New Castle County.
Is it cheaper to rent or buy in North Star?
Rent data is not published for North Star at this level of detail.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for North Star — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Delaware.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.