Total monthly cost of ownership
Cost to Own a Home in St. Georges, Delaware
A $475,000 home here costs
$3,651per month, all in, with 20% down at today's 7.24% 30-year fixed rate. By the 28% rule that takes a household income of about $156,500 a year.
A standard mortgage calculator would have told you $2,590. The real number is $1,062 higher every month, 41% more than the payment most buyers budget for.
Compare New Castle County with anywhere in America · full county breakdown
Small-place caveat: the Census publishes these figures for St. Georges from a five-year rolling sample, and with about 1,564 residents that sample is small. The median home value here carries a much wider margin of error than a big-city figure does, so treat it as indicative rather than exact. The New Castle County figures are drawn from a far larger sample if you want a steadier number.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
St. Georges against New Castle County and Delaware
| Measure | St. Georges | New Castle County |
|---|---|---|
| Median home value | $474,500 | $329,800 |
| Median property tax | $3,697 | $2,444 |
| Effective tax rate | 0.779% | 0.741% |
| Median gross rent | — | $1,379 |
| Population | 1,564 | 573,030 |
The weather behind that power bill
St. Georges 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 $170 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
Talk to someone who works this market
These are St. Georges averages. What one specific house costs to own, or what it would sell for today, depends on the street and the condition of the place. We will connect you with one licensed local agent who works St. Georges every week. Free, no obligation, and we never sell your details to a list.
I'm looking to buy in St. Georges I already own here and may sell
Common questions
How much does it cost to own a home in St. Georges?
A $475,000 home in St. Georges, Delaware costs approximately $3,651 per month with 20% down at 7.24%. That is $2,590 principal and interest, $308 property tax, $119 homeowners insurance, $238 utilities and $396 set aside for maintenance.
What is the property tax rate in St. Georges?
St. Georges has an effective property tax rate of 0.779%, based on a median home value of $474,500 and median real estate taxes of $3,697. That is higher than the New Castle County average of 0.741%.
What is the average home price in St. Georges?
The median owner-occupied home value in St. Georges, Delaware is $474,500, against $329,800 across New Castle County.
Is it cheaper to rent or buy in St. Georges?
Rent data is not published for St. Georges at this level of detail.
What salary do you need to buy a home in St. Georges?
Using the standard 28% rule, housing costs at no more than 28% of gross income, buying the median home in St. Georges, Delaware at today's rate takes a household income of roughly $156,500 a year. That covers the full $3,651 monthly cost, not just the mortgage payment.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for St. Georges, 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.