How Much House Can I Afford on a 90k Income in Delaware?

With a 90k income, you're right on target for purchasing a home in Delaware. Financial advisors recommend spending about 3 to 4 times your annual income on a home, which translates to a budget between $270,000 and $360,000.

In Wilmington, the median home price is approximately $320,000, fitting neatly within your target range. This balance ensures a wide variety of quality homes are available to you.

Additionally, other cities like Dover and Newark offer appealing options at around $270,000. With a property tax rate of 0.57%—amounting to roughly $1,824 per year—and a cost of living near the national average, your income comfortably supports homeownership across the state.