The typical owner-occupied home in Bethany Beach is worth about $720,900, 2.0 times the Delaware median of $352,000 and 2.2 times the national median of $332,700. Owners pay a median $1,743 a year in property taxes, about 0.24% of their home's value, lower than the Delaware rate of 0.50%. The median household earns $117,159 a year, so the median home costs 6.2 times the median income (4.1 times for Delaware). 94% of occupied homes here are lived in by their owners, and 47% of those owners still have a mortgage.
Bethany Beach at a glance
| Bethany Beach | Delaware | U.S. | |
|---|---|---|---|
| Median home value | $720,900 | $352,000 | $332,700 |
| Median property tax paid per year | $1,743 | $1,768 | $3,119 |
| Property tax as a share of value | 0.24% | 0.50% | 0.94% |
| Median household income | $117,159 | $84,954 | $80,734 |
| Homes lived in by their owners | 94% | 73% | 65% |
| Owner homes with a mortgage | 47% | 64% | 61% |
| Median monthly costs, owners with a mortgage | $2,292 | $1,816 | $1,963 |
| Those costs as a share of the owners' income | 19.9% | 20.0% | 21.0% |
| Median rent | $1,375 | $1,401 | $1,413 |
| Rent as a share of renters' income | 22.5% | 29.9% | 30.6% |
| Median year homes were built | 1987 | 1987 | 1980 |
| Vacant homes | 82.3% | 13.4% | 10.1% |
| Population | 905 | 1,021,191 | 334,922,499 |
What a typical home costs per month in Bethany Beach
At this week's average 30-year rate of 7.11%, buying the median Bethany Beach home of $720,900 with 20% down costs about $4,324 a month, including property taxes and insurance. With an FHA loan and 3.5% down, it's about $5,525, 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 $185,322 for the 20%-down payment. That payment is 44% of the median Bethany Beach household income of $117,159; at that income and 20% down, the 28% guideline points to a home of about $456,000.
The median rent here is $1,375 a month, so owning the median home costs about $2,949 a month more than renting, before you count the equity you build and any tax benefits.
| Down payment | $144,180 |
|---|---|
| Loan amount | $576,720 |
| Principal and interest | $3,880 |
| Property taxes (0.24% a year) | $144 |
| Homeowners insurance (our estimate, 0.5% a year) | $300 |
| PMI | $0 |
| Total per month | $4,324 |
Change the numbers in the calculator
| Down payment | $25,232 |
|---|---|
| Loan amount | $707,843 |
| Principal and interest | $4,762 |
| Property taxes (0.24% a year) | $144 |
| Homeowners insurance (our estimate, 0.5% a year) | $300 |
| FHA mortgage insurance | $319 |
| Total per month | $5,525 |
Change the numbers in the calculator
Questions about home buying in Bethany Beach
What is the median home value in Bethany Beach?
About $720,900 for owner-occupied homes, according to the Census Bureau's 2020–2024 American Community Survey.
How much are property taxes in Bethany Beach?
Homeowners pay a median $1,743 a year, which is about 0.24% 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 Bethany Beach?
For the median home with 20% down at 7.11%, the payment is about $4,324 a month. Keeping that under 28% of gross income takes about $185,322 a year.
More about Bethany Beach
- Mortgage Refinance in Bethany Beach
- Debt Relief in Bethany Beach
- Home Equity Loans in Bethany Beach
- 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