Top Ten Reasons
Top 10 Reasons To Live
There are many great reasons to call Delaware home. Here are
a few of our favorites.
• NO state sales tax.
• NO state tax on Social Security benefits.
• NO personal property taxes: one of the lowest property tax rates
in the nation! First time home buyers in Delaware may be eligible for
a federal income tax credit of up to $2,000/year.
• Named "Most
Tax Friendly State" by Kiplinger (2014).
Delaware is within driving distance of several regional hubs including
Philadelphia, Baltimore, Washington D.C., & New York City.
Incredible beaches, state & county
parks, and miles of biking & hiking trails.
Delaware boasts 26
miles of Atlantic Ocean coastline, 25 miles of Delaware Bay coastline,
and 115 miles of inland bay coastline – the perfect environment for
diverse wildlife and outdoor activities.
The Natural Resources Defense Council’s “Testing the Waters 2014 – A
Guide to Water Quality at Vacation Beaches”, June 2014, ranked
Delaware first out of 30 states for overall water quality.
Coastal Living magazine’s article “Discover Coastal Dream Towns,”
referred to Lewes as “A Sleeper by the Bay.”
(June 2013) named Rehoboth Beach one of America’s “10 Best Beach Towns
Family Vacation Critic Magazine (March 2013)
ranked Rehoboth Beach in top 10 best beaches for families, and Sea
Witch Festival, held in late October, as #1 of the 10 Best Fall Beach
From upscale coastal cuisine to best-kept local secrets, our beach
towns are home to hundreds of award-winning restaurants.
Coastal Delaware region also boasts some of the most exciting
nightlife in the Mid-Atlantic region.
AND ECLECTIC ORGANIZATIONS
Click on any of the
following links for more information on some of the exceptional
organizations that make Coastal Delaware such a fantastic place to
A diverse selection of public and private schools
service the Coastal Delaware region; from award-winning preschools,
elementary schools, high schools, universities, and life-long learning
Delaware’s natural environment offers an endless supply of outdoor
recreation from hiking or biking the Breakwater Trail, or kayaking the
inland bays and estuaries. Additionally, Delaware has been ranked the
Most Bicycle-Friendly State East of the Mississippi River.
The coastal areas of Delaware and Maryland are also home to some of
the best golf courses in the region. From the Jack Niclaus signature
course at The Peninsula to...
9) TAX FREE SHOPPING
Charming local boutiques, along with the Tanger
Outlets located on Route One, make for a shopper’s paradise.
Exciting events and festivals are held
throughout Coastal Delaware all year long, including:
Still Need More Reasons to Live
Significant Tax Advantages
- One of the lowest property tax burdens in the nation! Sussex
County’s Fiscal Year 2014 budget marks the 24th year in a row the
County’s property tax rate has remained at 44.5 cents per $100 of
assessed value. The average Sussex County property tax bill for a
single-family home remains around $100 annually, not including
independent school district taxes. (Sussex County Government News
Release, June 18, 2013)
- Kiplinger's PERSONAL FINANCE Magazine, September 2012, picked
DE as one of 10 Most Tax-Friendly States for Retirees.
- Each qualified homeowner 65 and older (one per household) in
Sussex County receives a Senior Citizen Property School Tax Credit
up to $500.
- Pension Exclusions: For each person 60 and over, up to $12,500
of pension and eligible retirement income are exempt from Delaware
- $110 in tax credits multiplied by the number of persons age 60
and over, plus the number of personal exemptions allowed for
- Persons 65 and over OR blind, and electing to use the Delaware
standard deduction, receive an additional standard deduction of
$2,500 for each criteria checked (maximum $5,000 per individual).
- Persons 60 and over OR Disabled, and earned income is less
than $2,500 ($5,000 if married) may be eligible for up to $2,000
($4,000 if married) in exclusions from gross income.
- America’s Most Wealth-Friendly States: Delaware continues to
rank as one of the wealth friendliest States, including Best
States for Trusts. Major reasons: No tax on assets held in a
trust, allow dynasty trusts permitting assets to pass to future
generations and avoid estate taxes, seek to protect trust assets
from lawsuits and creditors. SOURCE: Bloomberg Wealth Manager
- Corporate Tax Haven - Capital of the World: Delaware’s
pro-business tax and corporate laws have made it a corporate
haven. Nearly half of all US public corporations are incorporated
in DE, with 133,297 established in 2011, with a current total of
945,326. In the last seven years over 80% of new Initial Public
Offerings (IPOs) have made Delaware their corporate home. (The New
York Times, June 2012)
- First Time Homebuyer Tax Credit: Effective July 9, 2013,
individuals buying their first home in Delaware may be eligible
for a federal income tax credit of up to $2,000 a year for as long
as the homebuyer occupies the home and has a mortgage. (For
details, contact Delaware State Housing Authority,
- Prestigious Beebe Medical Center: Located in Lewes, with 8
outpatient facilities-labs. Highly recognized health care
facility, including HealthGrades® naming Beebe Medical Center
recipient of the Distinguished Hospital Award for Clinical
Excellence™, ranking among Top 5% in nation for patient outcome,
for 4 years in a row (2010-2013). HealthGrades® also named Beebe
as one of America’s best 100 hospitals 2 years in a row
(2012-2013) for: Coronary Intervention™; Orthopedic Surgery™;
Joint Replacement™; and Spine Surgery™.
- Christiana Care Health System: Headquartered in Wilmington,
recognized for excellence on a regional and national level, is one
of the country's leading health care providers, ranking 21st in
the nation for hospital admissions. It is a major teaching
hospital with 2 campuses, over 250 Medical-Dental residents, and
over 10,400 employees. It is home to Delaware's only Level I
- Close to Nationally Recognized Hospitals: From Rehoboth Beach
under 3 hours to: National Institutes of Health, Bethesda, 130
miles; The Johns Hopkins Hospital, Baltimore, 115 miles; and
Jefferson University Hospital, Philadelphia, 122 miles.
- United Health Foundations "America's Health Ranks 2013 Senior
Report" ranked Delaware 12th overall for senior health and ranked
#1 for seniors having highest rate in nation for dedicated
healthcare providers with 96.8% of seniors having a personal
doctor or healthcare provider.
Enjoy the Natural Surroundings
- Location-Location-Location: Delaware is within 4-hours drive
of one-third of U.S. population. From Rehoboth Beach to:
Philadelphia 119 miles; Baltimore 120 miles; Washington, DC, 122
miles; Trenton 150 miles; New York City 208 miles; Richmond 224
- Incredible beaches, state parks, biking and hiking trails,
scenic-challenging golf, and outstanding restaurants.
- The Natural Resources Defense Council’s “Testing the Waters
2013 – A Guide to Water Quality at Vacation Beaches”, June 2013,
ranked Delaware 1st out of 30 states for overall water quality and
awarded “Superstar Beach” status to Rehoboth and Dewey Beaches.
Both received not only the highest 5-star rating, but had perfect
testing results for the past 3 years. Delaware has 26 miles of
Atlantic Ocean coastline, 25 miles of Delaware Bay coastline, and
115 miles of inland bay coastline.
- Best Boardwalk: National Geographic’s Travel website (April
2013) designated Rehoboth Beach’s boardwalk as 6th best in the
Nation. American Profile (April 2012) named Rehoboth Beach
America’s Best Boardwalk.
- Best Beach Town for Families: Parents Magazine (June 2013)
named Rehoboth Beach as one of America’s “10 Best Beach Towns for
Families”. Rehoboth Beach was ranked 10th.
- Family vacation Critic Magazine (March 2013) ranked Rehoboth
Beach #9 of the 10 best beaches for families, and Sea Witch
Festival, held in late October, as #1 of the 10 Best Fall Beach
Top Retirement Location
In addition to the tax benefits, DE is consistently named as a top
retirement location for a variety of reasons:
- TopRetirements.com, February 2013: ranked Lewes 50th and
Rehoboth Beach 63rd, in the “100 Best Places To Retire for 2013”;
and Delaware as one of the top five states with the lowest tax
- Lewes a recommended pick by greatretirementspots.com (January,
- Where to Retire Magazine selected Southern Delaware as a top
retirement destination. (October 2012)
- Wide variety of community activities, shopping, and fitness
geared toward retirees and active adults.
- University of Delaware: U.S. News and World Report “2013 Best
College Rankings” ranked UDel 75th for National Universities and
31st Top Public Schools; Kiplinger’s “100 Best Values in Public
Colleges, 2013” ranked UDel 29th; and Princeton Review’s “Top 150
Best Value Colleges for 2013” includes UDel.
- High Per Capita Income: Bureau of Economic Analysis, March
2013, ranked Delaware 23rd in highest per capita income at
$41,940, with a population 917,092 (2012 US Census estimate).
- AAA Rating: 2000 thru 2012 Delaware state bonds have earned
triple-A ratings, the highest-quality rating awarded by major bond
rating agencies - Moody’s Investors Service, Standard and Poor’s,
- Bicycle Friendly: The League of American Bicyclists’ 2012
Bicycle Friendly States ranked Delaware as the 10th friendliest
- America's Current Favorite Farmer's Markets ™: American Farm
Trust ranked Historic Lewes and Rehoboth Beach Farmers Markets
among the top 20 farmers markets nationwide. (September 2012)
- Homes’ affordability is one reason Delaware is ranked #5 in
2010 for homeownership rate - 74.7% of residents own their own
homes. (Source: U.S. Census Bureau, 2010 Census)
- Fastest Growing States: U.S. Census Bureau, 2010 Census,
ranked Delaware the 10th fastest growing State, with 14.6%
increase in population, comparing 2010 Census to 2000 Census %
increases in population data.
John Welcome is a Delaware Real Estate Broker, serving the surrounding areas of Sussex, Kent and New Castle County. As a client, you are his first priority. Whether you are looking for new homes, existing homes, rental property or to sell your existing home, he can help you find what you are looking for and more.