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These days, finding an affordable place to live in the 19940 area can be challenging. Home prices in 19940 are now at a median cost of $243,916, lower than the Delaware average of $361,617.
The average cost of rent is $1,119/mo in 19940, primarily driven by the current value of real estate in the 19940 area. In 19940, 15.14% of households rent, and 29.41% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 19940 is $6,082 per month. Households that rent pay about 18.40% of their income on rent here. 19940’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 21875, MD: equally priced homes
- 19956, DE: equally priced homes
- 21849, MD: less expensive homes
- 21804, MD: equally priced homes
- 21801, MD: higher priced homes
- 19931, DE: higher priced homes
- 21830, MD: higher priced homes
- 21802, MD: higher priced homes
- 21861, MD: less expensive homes
- 21837, MD: equally priced homes
Zip Codes with Similar Populations
- 76691, TX: higher priced homes
- 21716, MD: higher priced homes
- 22560, VA: higher priced homes
- 22939, VA: higher priced homes
- 24101, VA: higher priced homes
- 24228, VA: less expensive homes
- 25306, WV: less expensive homes
- 27350, NC: less expensive homes
- 27954, NC: higher priced homes
- 27962, NC: less expensive homes
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