Why Delaware is a Great State to Purchase a Home

August 14, 2023

If you are in the market for a new home, you may wonder which state is the best choice for your investment. One state that often comes up in these discussions is Delaware and for good reason! Delaware has a lot to offer, from a thriving economy to a rich cultural heritage. In this post, we’ll explore some of the reasons why Delaware is a great state to purchase a home.

Low Property Taxes

Low property taxes are among the biggest draws to purchasing a home in Delaware. As of 2023 Delaware has the 6th effective property tax rate in the United States.

Thriving Economy

Delaware is home to a number of thriving industries, including pharmaceuticals, healthcare, financial services, and technology. The state houses prominent companies like DuPont, AstraZeneca, and JPMorgan Chase. Delaware’s workforce stands out for its expertise and knowledge across various sectors, emphasizing the importance of continuous learning and professional development. With a highly skilled workforce, the state offers plentiful career opportunities and a high household income — 5.4% higher than the national median. As a result, Delaware is a great place to start your search if you’re looking for job opportunities.

Rich Cultural Heritage

Delaware is also known for its rich cultural heritage. The state was the first to ratify the U.S. Constitution and played an important role in the Underground Railroad. Today, Delaware is home to several museums and historical sites, including the Hagley Museum and Library, the Winterthur Museum, and the Delaware Art Museum. In addition, the state is known for its thriving arts and music scene, hosting many festivals and events throughout the year.

Beautiful Beaches

Delaware’s coastline is a welcome escape for beach lovers. With its sparkling shores, the state boasts some breathtaking views on the East Coast, including the renowned Rehoboth Beach, Dewey Beach, and Bethany Beach. Whether you’re seeking family-friendly activities, exhilarating water sports, or vibrant nightlife, these beaches have something to offer for everyone. Immerse yourself in the sun and sand to create unforgettable memories along Delaware’s coastline.

Education System

Delaware’s education system is highly regarded for its commitment to fostering academic excellence and nurturing the intellectual growth of its students. The state places a strong emphasis on providing quality education to its residents, preparing them for success in a rapidly evolving world. Delaware’s educators are dedicated professionals who strive to inspire and empower students to reach their full potential. The state promotes a well-rounded education, encompassing not only core subjects but also arts, sports, and extracurricular activities. Through a combination of innovative teaching methods, personalized learning, and community engagement, Delaware’s education system aims to cultivate critical thinking, creativity, and lifelong learning skills in its students.

Convenient Location

Finally, Delaware’s convenient location makes it a great place to call home. The state is located in the heart of the Mid-Atlantic region, with easy access to major cities like Philadelphia, Baltimore, New York City, and Washington, D.C. In addition, Delaware is served by many major highways and Philadelphia International Airport, making travel easy and convenient.

The recent addition of Avelo Airlines offers convenient flight options for travelers flying from the Wilmington Airport. Avelo Airlines is a regional carrier that operates flights from smaller airports, providing an alternative to larger airports like Philadelphia International Airport. This development brings several benefits to the state and its residents by offering direct flights from Delaware to various destinations, saving travelers time and potential hassles.

There are many reasons why Delaware is a great state to purchase a home. From low property taxes to a thriving economy and rich cultural heritage, there’s something for everyone in Delaware. Whether you’re looking for a beachfront property, rural, urban or suburban community Delaware has somewhere for everyone to call home. So why not consider making the First State your new home?