Pike Creek Valley, DE

Average · 105

Delaware · Population 11,992 · Updated March 2026

$1,602
Median Rent / Month
$93,896
Median Income
$299,500
Median Home Value
$1,505
Owner Costs / Month

Affordability

How far your income goes in Pike Creek Valley

20.5%
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

$19,224
Annual Rent
$6,197
State Income Tax
$1,707
Property Tax (est.)

Cost of Living Overview

Pike Creek Valley is more expensive than the national average. Higher housing costs are typically the primary driver. With a cost index of 105 (where 100 equals the national median), Pike Creek Valley residents can expect to pay median rent of $1,602/month while earning a median household income of $93,896/year.

The median home value in Pike Creek Valley, DE is $299,500, with typical monthly owner costs around $1,505 including mortgage, insurance, and taxes. The median rent-to-income ratio of 20.5% 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 Pike Creek Valley.

Frequently Asked Questions

Common questions about living costs in Pike Creek Valley

What is the cost of living in Pike Creek Valley, DE?
The cost of living index in Pike Creek Valley, DE is 105 (US average = 100). Median monthly rent is $1,602, median household income is $93,896/year, and the median home value is $299,500.
Is Pike Creek Valley, DE affordable?
No, Pike Creek Valley is more expensive than the national average with a cost index of 105. The rent-to-income ratio is 20.5%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Pike Creek Valley, DE?
The median gross rent in Pike Creek Valley, DE is $1,602 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $19,224.
What is the median household income in Pike Creek Valley?
The median household income in Pike Creek Valley, DE is $93,896 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%.