The typical owner-occupied home in Kent County is worth about $316,600, 10% below the Delaware median of $352,000 and 5% below the national median of $332,700. Owners pay a median $1,363 a year in property taxes, about 0.43% of their home's value, lower than the Delaware rate of 0.50%. The median household earns $74,477 a year, so the median home costs 4.3 times the median income (4.1 times for Delaware). 73% of occupied homes here are lived in by their owners, and 66% of those owners still have a mortgage.
Kent County at a glance
| Kent County | Delaware | U.S. | |
|---|---|---|---|
| Median home value | $316,600 | $352,000 | $332,700 |
| Median property tax paid per year | $1,363 | $1,768 | $3,119 |
| Property tax as a share of value | 0.43% | 0.50% | 0.94% |
| Median household income | $74,477 | $84,954 | $80,734 |
| Homes lived in by their owners | 73% | 73% | 65% |
| Owner homes with a mortgage | 66% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,741 | $1,816 | $1,963 |
| Those costs as a share of the owners' income | 21.8% | 20.0% | 21.0% |
| Median rent | $1,354 | $1,401 | $1,413 |
| Rent as a share of renters' income | 31.3% | 29.9% | 30.6% |
| Median year homes were built | 1993 | 1987 | 1980 |
| Vacant homes | 6.4% | 13.4% | 10.1% |
| Population | 187,604 | 1,021,191 | 334,922,499 |
What a typical home costs per month in Kent County
At this week's average 30-year rate of 7.11%, buying the median Kent County home of $316,600 with 20% down costs about $1,949 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $2,477, because the loan is bigger and FHA adds mortgage insurance.
Lenders usually want housing costs under about 28% of gross income, which means an income of roughly $83,537 for the 20%-down payment. That payment is 31% of the median Kent County household income of $74,477; at that income and 20% down, the 28% guideline points to a home of about $282,000.
The median rent here is $1,354 a month, so owning the median home costs about $595 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $63,320 |
|---|---|
| Loan amount | $253,280 |
| Principal and interest | $1,704 |
| Property taxes (0.43% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $132 |
| PMI | $0 |
| Total per month | $1,949 |
Change the numbers in the calculator
| Down payment | $11,081 |
|---|---|
| Loan amount | $310,866 |
| Principal and interest | $2,091 |
| Property taxes (0.43% a year) | $113 |
| Homeowners insurance (our estimate, 0.5% a year) | $132 |
| FHA mortgage insurance | $140 |
| Total per month | $2,477 |
Change the numbers in the calculator
Questions about home buying in Kent County
What is the median home value in Kent County?
About $316,600 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Kent County?
Homeowners pay a median $1,363 a year, which is about 0.43% of the median home value. Your bill depends on your home's assessed value and local rates.
What income do you need to buy a home in Kent County?
For the median home with 20% down at 7.11%, the payment is about $1,949 a month. Keeping that under 28% of gross income takes about $83,537 a year.
More about Kent County
- Mortgage Refinance in Kent County
- Debt Relief in Kent County
- Home Equity Loans in Kent County
- Guides and quotes for mortgage refinance on our sister site, MortgageRefinance.com
Sources: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates; Freddie Mac Primary Mortgage Market Survey, week of November 12, 2026. Estimates for small places have wide margins of error. About our data