Delaware is very famous for having no sales tax and promoting a very pro-business environment through favorable legislation. Countless corporations have their legal headquarters in Delaware even if they largely reside and operate outside the state. Thus, despite its small size, Delaware is a hub for economic activity, as well as generating wealth.
As part of an ongoing series, we’ve been analyzing ever state in the country in terms of what the most expensive ZIP codes are. Here, we’re investigating the most expensive ones in Delaware. Like so many other coastal states, Delaware possesses a line of beautiful beach towns, running from its southern border with Maryland, up to the mouth of the Delaware River in the north. But there are lesser well-known areas of the state that are surprisingly expensive.
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Read on to find out the most expensive ZIP codes in Delaware in 2024, based on the latest data from Zillow’s home value index.
The Most Expensive ZIP Codes in Delaware
Harnessing data from Zillow’s home value index, as well as the Census Bureau’s 2023 American Community Survey, we analyzed thousands of ZIP codes across the U.S. as part of a general survey. From there, we focused our attention on Delaware. The Zillow home value index tracks (as of September 2024) the home values of 59 ZIP codes in Delaware; it’s not many, but that’s expected for such a small state. As part of our analysis, we took into consideration the latest monthly home values Zillow has — September 2024 — as well as the average of 12 months of median home values from October 2023 to September 2024. While home values have grown immensely across America since the pandemic-induced buying frenzy, home value appreciation in Delaware stands out. One of the most expensive ZIP codes in Delaware witnessed home values surge by 84.8% over the last five years.
Check out the top three most expensive ZIP codes below.
The Top 5 Most Expensive ZIP Codes in Delaware
Delaware has some beautiful beaches along its long Atlantic coast, and — like in many other states — several of the most expensive ZIP codes in the state can be found here. The No. 1 most expensive ZIP code in Delaware is 19944. This is centered on the beach community of Fenwick Isle, near the southern border with Maryland. ZIP code 19944’s income distribution is similar to other beach towns, such as having a mean household income that’s far higher than its median: $187,646 mean income versus $100,357 median. This often occurs because local incomes aren’t as high as owners of second homes, plus the 31.4% of households earning $200,000 or more a year pull the mean income upward. The median home value witnessed excellent growth, rising by 54.7%, from $779,650 in September 2019, up to nearly $1.206 million in September 2024. The year-over-year might be even more impressive, with a growth rate of 7.8%.
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The second most expensive ZIP code in Delaware — 19807 — is centered on a bedroom community northwest of Wilmington called Greenville. This area has many a nice home, plus some nice golf courses. This ZIP code runs right from the Wilmington border out to Delaware’s round border with Pennsylvania. Incomes here are much higher than in the No. 1 most expensive ZIP code. The median household income in ZIP code 19807 is $143,443, while the average household income is far, far higher, at $233,357. The median home value in ZIP code 19807 has risen considerably over the last five years. From a median of $693,903 in September 2019, home values increased by more than two-fifths, reaching a new peak of $976,245 by September 2024.
The third most expensive ZIP code takes us back to the beach. ZIP code 19930 covers Bethany Beach, a well-frequented vacation spot. A sizable minority of households — 29.9% — earn $200,000 or more per year. The median household income is less than this, $116,736, but the average household income reflects this high-earning minority, at $187,289. The median home value five years ago was $634,590 in September 2019. A year later, it hasn’t budged much, with ZIP code 19930 having a median home value of $655,976. But come September 2021 — amidst the pandemic-induced buying spree of the time — the median home value had risen to $883,702. And in September 2022, it reached nearly $1.013 million. As of September 2024, it’s down to $907,971.
AUSTIN, Texas (AP) — Tre Johnson scored 21 points, Kadin Shedrick had 14 points and 11 rebounds, and Texas defeated Delaware State 90-68 on Friday night.
Tramon Mark scored 15 points and Arthur Kaluma added 13 for the Longhorns (6-1).
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The Longhorns led 10-2 in the early going, then broke it wide open with a 15-0 run for a 25-6 lead midway through the first half. Later, they added a 9-0 run and led 41-22 at halftime.
The Longhorns shot 60% in the second half but did not have a scoring run of more than seven points. The Hornets kept pace in the second half and were only outscored 49-46.
Robert Smith scored 22 points for Delaware State (3-5) and Martaz Robinson had 15 points. Kaseem Watson had 11 points and 10 rebounds, and Corey Perkins had 10 points. Robinson made 9 of 10 free throws.
Those four scored all but 10 of Delaware State’s points.
Texas shot 52% overall but made only 8-of-27 3-pointers. Delaware State shot 35%. Texas had a 20-8 advantage in points after turnovers.
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In a tuneup game ahead of two important non-conference matchups over the next nine days, the Texas Longhorns got off to a strong start and cruised to a 90-68 victory over an overmatched Delaware State Hornets team as freshman guard Tre Johnson scored a team-high 21 points and the Horns shot 51.6 percent from the field.
The struggles from beyond the arc bled into a third-straight game for Johnson, who went 2-of-9 shooting on three-point attempts, but went 6-of-8 shooting from two and only turned the ball over twice by letting the game come to him.
Three other players scored in double digits for Texas, including a 15-point performance from senior wing Tramon Mark off the bench, 14 points and 11 rebounds from senior forward Kedin Shedrick, who took six shot attempts, and 13 points from senior forward Arthur Kaluma in an efficient effort.
Head coach Rodney Terry’s team struggled at times on the defensive glass, giving up 14 offensive rebounds that led to 14 second-chance points, but also took advantage of mistakes by the Hornets, turning 13 turnovers into 20 points and getting out in transition for a 17-7 advantage in fast-break points.
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Texas never trailed, racing out to a 10-2 lead before missing four straight shots, all good looks from three, including two by Johnson, and turned the ball over before Johnson got out in transition for a layup through contact, converting the three-point play at the line. Then Kaluma hit a deep three, the first triple for the Horns in the game, and Delaware State was forced to call a timeout after another turnover led to a runout with Mark throwing a halfcourt lob to Kaluma to make it 18-6.
With the Horns surging, the Hornets fell into a scoreless drought, missing shots and turning the ball over during a five-minute stretch that saw Texas score 11 straight points, capped by a Johnson three prior to the under-12 media timeout.
Delaware State ultimately went nearly six minutes without scoring, breaking the drought at the free-throw line, and missed nine straight shots from the field before making a bucket.
By the under-eight timeout, Texas had converted seven turnovers into 11 points with a 10-0 advantage in fast-break points.
But the Horns also went four minutes without a field goal before going on a 9-0 run to close out the first half with a 41-22 lead when Kaluma hit a three, senior guard Julian Larry got out in transition for a layup after a steal by Kaluma, Johnson turned a block by Kaluma into a fast-break layup, and Shedrick scored at the rim on an offensive rebound.
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Delaware State shot 27.3 percent in the first half as Texas struggled from three-point range — Kaluma hit both of his attempts from beyond the arc, but the rest of the team went 2-of-14 shooting from three.
Some basic ball movement created an open look for Johnson to open the second half, though, and the freshman knocked it down. Several possessions later, Johnson assisted on a three, throwing a skip pass to junior guard Jordan Pope to beat Delaware State’s zone defense. Then it was Pope’s turn to assist on a three, finding Kaluma for his third triple. Out in transition, a sweet up-and-under move by Johnson produced an acrobatic layup.
The visitors were never able to make a run in the second half in a workmanlike effort for the Longhorns as senior forward Jayson Kent missed his third straight game with a wrist injury and the reserves played minimal roles as Terry tried to prepare his team for a trip to Raleigh and a home game against UConn in nine days.