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Milford, Delaware property tax

Median property tax, home value and effective rate (Census 2020–2024)

Updated Oct 17, 2026, 1:57 AM ET
Effective property tax rate
0.50%

Homeowners in Milford, Delaware paid a median $1,493 a year in property tax on a median home worth $296,900, an effective rate of about 0.50% (Census 2020–2024).

Census ACS 2020–2024 5-year medians

#23 lowest of 51Delaware places we cover

0.32%Sussex County overall
Median tax paid
$1,493
per year, 2020–24
Median home value
$296,900
owner-occupied
Effective rate
0.50%
tax ÷ value
Tax vs. income
2.5%
of $59,464 median household income
Owner costs
$1,644/mo
median with a mortgage, incl. tax & insurance

Milford vs county, state and US

Effective rate

Milford0.50%
Sussex County0.32%
Delaware0.50%
United States0.94%

Median tax paid per year

Milford$1,493
Sussex County$1,222
Delaware$1,768
United States$3,119

Tax on a home in Milford

At the local 0.50% effective rate

Home valueEstimated yearly taxPer month
$150,000$754$63
$250,000$1,257$105
$350,000$1,760$147
$500,000$2,514$210

Buying a home in Sussex County? 2026 loan limits

Nearby and related

Source: U.S. Census Bureau, American Community Survey 2020–2024 5-year estimates, tables B25103 (median real estate taxes paid), B25077 (median home value), B25003, B25088, B19013 and B01003. These are 2020–2024 medians reported by owner-occupants, not 2026 tax bills or official mill rates. The effective rate here is median tax ÷ median home value. Actual bills depend on assessed value, exemptions (homestead, senior, veteran) and local levies. Check with your county assessor or treasurer. Not tax advice.

Major Cities & Counties in Delaware

Largest by population (Census ACS 2020–2024). Property tax for each:

Frequently asked questions

What is the property tax rate in Milford, Delaware?

Homeowners in Milford, Delaware paid a median $1,493 a year in property tax on a median home worth $296,900, an effective rate of about 0.50% (Census 2020–2024).

How much is property tax on a $250,000 home in Milford?

About $1,257 a year at the 0.50% median effective rate. Exemptions such as homestead can lower it.

Is property tax in Milford higher than the rest of Delaware?

Milford ranks #23 lowest of 51 Delaware places we track. The statewide effective rate is 0.50%. Sussex County overall is 0.32%.

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