Bear, DE

Average · 106

Delaware · Population 22,604 · Updated March 2026

$1,676
Median Rent / Month
$88,985
Median Income
$280,200
Median Home Value
$1,586
Owner Costs / Month

Affordability

How far your income goes in Bear

22.6%
Rent-to-Income Ratio
Affordable
Rent takes less than 25% of median income — considered affordable by HUD standards.

Tax Burden in Delaware

State-level tax rates that affect your costs

6.6%
Income Tax (Top Rate)
0%
Sales Tax
0.57%
Property Tax Rate

Estimated Annual Costs

$20,112
Annual Rent
$5,873
State Income Tax
$1,597
Property Tax (est.)

Cost of Living Overview

Bear is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 106 (where 100 equals the national median), Bear residents can expect to pay median rent of $1,676/month while earning a median household income of $88,985/year.

The median home value in Bear, DE is $280,200, with typical monthly owner costs around $1,586 including mortgage, insurance, and taxes. The median rent-to-income ratio of 22.6% means housing is relatively affordable here — well below the 30% threshold that HUD considers cost-burdened.

Delaware has a moderate income tax rate of 6.6%. Combined with a 0% sales tax rate and 0.57% effective property tax rate, the overall tax environment is a factor in the total cost of living in Bear.

Frequently Asked Questions

Common questions about living costs in Bear

What is the cost of living in Bear, DE?
The cost of living index in Bear, DE is 106 (US average = 100). Median monthly rent is $1,676, median household income is $88,985/year, and the median home value is $280,200.
Is Bear, DE affordable?
No, Bear is more expensive than the national average with a cost index of 106. The rent-to-income ratio is 22.6%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Bear, DE?
The median gross rent in Bear, DE is $1,676 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $20,112.
What is the median household income in Bear?
The median household income in Bear, DE is $88,985 per year. This compares to the national median of approximately $80,000.
What are the taxes like in Delaware?
Delaware has a top income tax rate of 6.6%, a sales tax of 0%, and an effective property tax rate of 0.57%.