Smyrna, DE

Average · 96

Delaware · Population 13,031 · Updated March 2026

$1,398
Median Rent / Month
$70,473
Median Income
$273,400
Median Home Value
$1,462
Owner Costs / Month

Affordability

How far your income goes in Smyrna

23.8%
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

$16,776
Annual Rent
$4,651
State Income Tax
$1,558
Property Tax (est.)

Cost of Living Overview

Smyrna has a cost of living close to the national average, offering a balanced mix of expenses and amenities. With a cost index of 96 (where 100 equals the national median), Smyrna residents can expect to pay median rent of $1,398/month while earning a median household income of $70,473/year.

The median home value in Smyrna, DE is $273,400, with typical monthly owner costs around $1,462 including mortgage, insurance, and taxes. The median rent-to-income ratio of 23.8% 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 Smyrna.

Frequently Asked Questions

Common questions about living costs in Smyrna

What is the cost of living in Smyrna, DE?
The cost of living index in Smyrna, DE is 96 (US average = 100). Median monthly rent is $1,398, median household income is $70,473/year, and the median home value is $273,400.
Is Smyrna, DE affordable?
Yes, Smyrna is more affordable than the national average with a cost index of 96. The rent-to-income ratio is 23.8%—below the 30%% threshold considered affordable by HUD.
What is the average rent in Smyrna, DE?
The median gross rent in Smyrna, DE is $1,398 per month according to the US Census Bureau ACS 2023 data. Annual rent costs approximately $16,776.
What is the median household income in Smyrna?
The median household income in Smyrna, DE is $70,473 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%.