Living in Delaware is probably a dream come true for most Americans. From the beaches, the state parks, and the cultural arts, to the taxes, healthcare, and job opportunities, Delaware has everything prepared for you. Read on as we list down seven benefits to living in Delaware that make you want to buy your new home here. 

1. No Sales Tax

Let’s begin with Delaware’s iconic law: No Sales Tax! It means that you save money on taxes while you shop for your groceries here. In the long run, it will make a difference. There’s one downside though: you might over-indulge in your shopping spree!

In addition, Delaware also has no social security tax, inheritance tax, personal property taxes, and generally low property taxes, so you will save a lot of money when you live here until your retirement!

2. You Get Access to Unparalleled Natural Beauty

The main reason people choose to live in Delaware is its unparalleled natural beauty. From the beautiful sunset of Cape Henlopen to the lively boardwalk of Rehoboth Beach, there’s nothing like it across the country.

Also, wherever you live, you are just 1 hour away from the beaches, state parks, camping and hiking trails, and wildlife refuge parks. Check out our Top 5 Exciting Things to do in Delaware to make sure you don’t miss out!

3. You Get Close to the Major Cities

The main drawback of living in major cities like New York, Philadelphia, and Washington is the very high cost of living. But, if you live in Delaware, you are just one train or car ride away from these major cities–but without the high living expenses! Imagine having a weekend at Dewey Beach, then tomorrow you are just a 2-3 hours car ride into a Broadway show in New York. Talk about a life hack–or better, a Delaware hack!

4. Affordable Housing

The median home list price for all of America was $226,800 as of April 2019 according to Business Insider. Delaware sits close to that average at $237,300, and that is affordable when you consider the vast employment opportunities and a comfortable salary average in the state (we’ll talk about that more). Plus, you can get a brand new construction home for just a small amount over the state's total average.

5. Huge Employment Opportunities

Delaware offers plenty of job opportunities, with major employers like J.P. Morgan Chase & Co., Bank of America Corp., Citibank, Capital One Financial Corp., and E.I. Du Pont De Nemours & Co. Moreover, Delaware jobs pay well compared to other states, with the average salary for the state of Delaware being about $62,000, a notch higher than the average income in the United States for a full-time wage or salary worker is approximately $46,800. 

6. Appealing Retirement Benefits

Aside from no taxes on social security, retirees can exclude $12,500 from their pension free from tax. Couple that with no sales tax in grocery stores, and surely you’ll save a lot of money during your retirement years. 

With highly ranked healthcare facilities (5 of the top 20 hospitals in the nation are within a 2.5-hour drive or less), proximity to area shopping and attractions (including a large number of local golf courses), and amazing tax benefits for retirees, it is easy to see why Delaware is a top choice for retirees.

In short, Delaware’s affordable housing market and plentiful work opportunities make it easier for you to convince your children and grandchildren to live nearby!

7. Celebrations Abound

Of course, to experience the beauty of life, the arts and music culture should be in everyone’s mind. We don’t want to live in a dull and corporate world right? There is a lot to celebrate when you live in Delaware, as displayed through its many festivals throughout the year. 

Some of Delaware’s more famous events include the Firefly Music Festival in late June, which is recognized as the premier music experience on the East Coast; the Delaware State Fair in mid-July, which was first held in 1920 and today draws over 300,000 people; and the twice-yearly NASCAR races at Dover International Speedway.

Whether you are an artist, musician, racer, or shopper, Delaware’s core is to celebrate life, and you will surely be reinvigorated with your dreams and passion. 

Closing Thoughts

Living in Delaware has a lot of benefits, and it’s no wonder why people love Delaware. So, if you are convinced that Delaware could be your next home, we at Loft Realty are here to serve you. Contact us today, and let’s strategize on how to buy your dream home and experience all the benefits Delaware has for you!