Delaware Income Tax
Delaware has a progressive income tax with rates ranging from 2.2-6.6%. Lower income earners pay the lower rate, with the top rate applying to the highest bracket.
Delaware Sales Tax
Delaware has no state sales tax, making it one of only five states without one. There are no local sales taxes either.
Delaware Property Tax
The effective property tax rate in Delaware is 0.57%. With a median home value of $305,200, the median annual property tax bill is $1,756 ($146/month).
Delaware has some of the lowest property taxes in the nation, making homeownership more affordable.
Corporate & Business Taxes
The corporate tax rate in Delaware is 8.7%.
Other Taxes in Delaware
| Tax Type | Rate / Amount |
|---|---|
| Gas Excise Tax | $0.23/gallon |
| Cigarette Tax | $2.10/pack |
| Estate Tax | No |
| Inheritance Tax | No |
Key Facts
No sales tax at all. Popular for incorporating businesses due to favorable corporate laws.
Compare to Other States
See how salaries compare on our average salary in Delaware page. Thinking about starting a business? Check our LLC guide for Delaware. See the current minimum wage in Delaware.
Financial Calculators
Plan your finances in Delaware with our free tools:
- Paycheck Calculator — estimate take-home pay after taxes
- Salary Calculator — convert hourly to annual pay
- Mortgage Calculator — estimate monthly home payments
- Home Affordability Calculator — see how property taxes affect what you can afford