The typical owner-occupied home in Harrington is worth about $221,900, 37% below the Delaware median of $352,000 and 33% below the national median of $332,700. Owners pay a median $1,088 a year in property taxes, about 0.49% of their home's value, close to the Delaware rate of 0.50%. The median household earns $72,679 a year, so the median home costs 3.1 times the median income (4.1 times for Delaware). 65% of occupied homes here are lived in by their owners, and 79% of those owners still have a mortgage.
Harrington at a glance
| Harrington | Delaware | U.S. | |
|---|---|---|---|
| Median home value | $221,900 | $352,000 | $332,700 |
| Median property tax paid per year | $1,088 | $1,768 | $3,119 |
| Property tax as a share of value | 0.49% | 0.50% | 0.94% |
| Median household income | $72,679 | $84,954 | $80,734 |
| Homes lived in by their owners | 65% | 73% | 65% |
| Owner homes with a mortgage | 79% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $1,327 | $1,816 | $1,963 |
| Those costs as a share of the owners' income | 18.0% | 20.0% | 21.0% |
| Median rent | $1,277 | $1,401 | $1,413 |
| Rent as a share of renters' income | 24.3% | 29.9% | 30.6% |
| Median year homes were built | 1967 | 1987 | 1980 |
| Vacant homes | 2.4% | 13.4% | 10.1% |
| Population | 3,838 | 1,021,191 | 334,922,499 |
What a typical home costs per month in Harrington
At this week's average 30-year rate of 7.11%, buying the median Harrington home of $221,900 with 20% down costs about $1,377 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $1,747, 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 $59,025 for the 20%-down payment. That payment is 23% of the median Harrington household income of $72,679; at that income and 20% down, the 28% guideline points to a home of about $273,000.
The median rent here is $1,277 a month, so owning the median home costs about $100 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $44,380 |
|---|---|
| Loan amount | $177,520 |
| Principal and interest | $1,194 |
| Property taxes (0.49% a year) | $91 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| PMI | $0 |
| Total per month | $1,377 |
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| Down payment | $7,766 |
|---|---|
| Loan amount | $217,881 |
| Principal and interest | $1,466 |
| Property taxes (0.49% a year) | $91 |
| Homeowners insurance (our estimate, 0.5% a year) | $92 |
| FHA mortgage insurance | $98 |
| Total per month | $1,747 |
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Questions about home buying in Harrington
What is the median home value in Harrington?
About $221,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Harrington?
Homeowners pay a median $1,088 a year, which is about 0.49% 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 Harrington?
For the median home with 20% down at 7.11%, the payment is about $1,377 a month. Keeping that under 28% of gross income takes about $59,025 a year.
More about Harrington
- Mortgage Refinance in Harrington
- Debt Relief in Harrington
- Home Equity Loans in Harrington
- 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