Housing costs in Fenwick Island?
A typical home costs
$863,400, which is 155.4% more expensive than the national average of
$338,100 and 156.8% more expensive than the average Delaware home, at
$336,200. Renting a two-bedroom unit in Fenwick Island costs
$1,170 per month, which is 18.2% cheaper than the national average of
$1,430 and 13.7% cheaper than the state average of
$1,330.
Can I afford Fenwick Island?
To live comfortably in Fenwick Island, Delaware, a minimum annual income of
$165,600 for a family, and
$35,600 for a single person is recommended.
What does A.I. say about Fenwick Island?
Fenwick Island, DE is a great place to live due to its relatively low cost of living. The median home value in the area is around $400,000 which is substantially lower than many other cities along the coast. In addition, the sales tax rate for Fenwick Island is only 6%, far lower than most places in the states. For those looking for an affordable coastal town with plenty of activities and attractions, Fenwick Island is a great option.