Taxes in Newark, Delaware
Complete tax guide for Newark, DE. State income tax up to 6.6%, 0.55% property tax, no sales tax. Calculate your total tax burden.
State Income Tax
6.6%
Delaware
Property Tax
0.55%
Effective rate
Sales Tax
None
Combined rate
Tax Burden
Very Low
Newark, DE Tax Overview
University of Delaware; no sales tax
Population
33,698
Median Income
$50,313
Cost of Living
101.5 (100 = avg)
State Income Tax
6.6%
Median Home Price
$295,000
Newark Tax Calculator
Pre-filled with Newark median: $50,313
Total Tax Burden in Newark
$11,169
Take-Home: $39,144 · Effective Rate: 22.20%
Federal Tax
$3,999
7.95% eff.
DE State
$3,321
6.60% eff.
FICA
$3,849
7.65% eff.
Take-Home
$39,144
77.80% kept
Tax Breakdown
| Item | Annual | Monthly |
|---|---|---|
| Gross Income | $50,313.00 | $4,192.75 |
| Federal Income Tax | -$3,999.06 | -$333.26 |
| Delaware State Tax | -$3,320.66 | -$276.72 |
| Social Security (6.2%) | -$3,119.41 | -$259.95 |
| Medicare (1.45%) | -$729.54 | -$60.79 |
| Take-Home Pay | $39,144.34 | $3,262.03 |
Property Tax in Newark
Median Home
$295,000
Annual Tax
$1,623
Monthly Tax
$135
Effective Rate
0.55%
Sales Tax in Newark
No Sales Tax
Delaware does not impose a state or local sales tax.
Tax Burden Comparison
| Tax Type | Newark | Delaware Avg | National Avg |
|---|---|---|---|
| Income Tax | 6.6% | 6.6% | 4.6% |
| Property Tax | 0.55% | ~0.55% | 1.1% |
| Sales Tax | None | None | 7.12% |
| Overall Burden | Very Low | — | Moderate |
Tax Saving Tips for Newark Residents
- Delaware's income tax rate of 6.6% is above average. Maximize pre-tax retirement contributions (401k up to $23,500, IRA up to $7,000) to reduce both federal and state taxable income.
- Property tax in Newark (0.55%) is below the national average of 1.1%. This makes homeownership more affordable here relative to property tax burden.
- Newark has no sales tax, which can save thousands annually on everyday purchases and large-ticket items like electronics, furniture, and vehicles.
- Use a Health Savings Account (HSA) if eligible. Contributions are tax-deductible ($4,300 individual, $8,550 family), growth is tax-free, and withdrawals for medical expenses are tax-free.
Other Cities in Delaware
Calculate Your Full Delaware Tax Burden
See detailed state tax brackets, FICA breakdown, and compare to neighboring states.
Frequently Asked Questions
What are the tax rates in Newark, DE?
Newark, Delaware has a state income tax rate up to 6.6%. The property tax rate is 0.55% and the combined sales tax rate is 0% (no sales tax). University of Delaware; no sales tax
How much is property tax in Newark?
The effective property tax rate in Newark is 0.55%. On the median home price of $295,000, this equals approximately $1,623 per year or $135 per month. This is below the national average of 1.1%.
What is the sales tax rate in Newark?
Newark has no sales tax. Delaware is one of the few states that does not impose a state or local sales tax.
How does Newark's tax burden compare to other cities?
Newark has a very low overall tax burden. The effective total tax rate for a median-income household is approximately 24.3%. The combination of 6.6% state income tax, 0.55% property tax, and 0% sales tax determines the total burden. Cost of living index is 101.5 (100 = national average).
Are there any local taxes in Newark?
Newark does not impose a separate local or city income tax. Residents pay the state income tax of 6.6%, federal income tax, and FICA (Social Security and Medicare). University of Delaware; no sales tax