First the PROs (as voted on by real-life Delawareans): No sales tax: That's right—Delaware is one of only four states in the country with no sales tax. That means you will need to drive to Philadelphia or Baltimore (or take the train or a shuttle) if you want to see the world during your retirement or while you are on vacation. It is culturally and ethnically diverse, and you can get anything you want at any time. There aren't amazing historic landmarks, old farms, and gorgeous trails to check out. We've compiled a list of some of the strangest, head-scratchingest laws still in existence in the great state of Delaware: Well, there it is, folks—our little insider's guide to all the weirdest and coolest details about The First State, served up with a side of Thrasher's boardwalk fries (pass the vinegar). Tech Republic. Everyone knows everyone else. Sale prices of homes are at $207,900 on average, with current market listings sitting at $285,942. There are several outdoor recreation options for you to enjoy in Delaware as well. You will need to plan for specific weather events when living here and be self-sufficient in some ways, but this community also rallies around each other when tough times strike. First of all, Delaware was the earliest states to ratify the U.S. Constitution in the year 1787—earning itself the nickname The First State and a reputation as being a strong trend setter. Meaning everyone is always in each other’s business because everyone actually genuinely cares about the lives of everyone else around them. Delaware's state parks are boring - you might as well fall asleep as you trek through them. The name in French translates to “Heart of an Awl,” and it serves as the home of about 52,000 people. It can get busy during the warmer months, but you can have many of these places all to yourself in the off-season. You may find that it is necessary to travel to Maryland or New Jersey just to have your annual physical or to receive a needed checkup. Now you can take pleasure in knowing that the cost on the price tags isn’t all just a lie. Town in Delaware. It is a place where you will truly feel at home. Delaware’s population is pretty eclectic. The housing costs in Delaware are reasonable for the average family. Locals who live closer to the tip of Maryland's backside (we're not sure how else to put it) are said to enjoy a slower pace of life, and embrace ideals of southern hospitality. August 20, 2019 August 23, 2019 by Louise Gaille. So while jobs in the medical field are currently ranking as the highest paid, it seems that plenty of blue-collar jobs are in increasing demand. 2. B+ Overall Niche Grade. Although the unemployment rate in the state tends to be a full point higher that what it is across the United States, there are still lots of open positions that you can pursue when you start living here. New Castle Airport is the primary flight provider for the state, but they only provide a handful of destination choices in the United States. When you start living in Delaware, then you will discover that there is a robust reputation for having pristine, clean, family-friendly beaches to enjoy. If you want to rent a single-family home after moving to Delaware, then you can expect to pay somewhere around $1,400 per month. If you are used to having some elbow room and chances to explore, you may need to leave the state to make that happen. Pros And Cons Of Living In Delaware By County Living In The State Of Delaware Pros And Cons. If you’re more of a “small town vibe” fan, you’ll definitely fit right in with the Delaware crowd. The average price of a home in the state is below $210,000. September, June and May are the most pleasant months in Middletown, while January and February are the least comfortable months. In case all the amazing sites, stories, tastes and trivia we just walked you through weren’t enough, here are a few pros and cons of living in The Blue Hen State. In the way of food, there is some serious cheesesteak love among Delawareans—they say theirs are even better than Philadelphia's. No sales tax on big ticket items either. There are tax benefits to consider when living in Delaware. So good luck—and we’re not kidding about you bringing us back one of those cheesesteaks! When you add in the financial benefits of living here and the wide range of activities that are available up and down the coast, you can live a fairly active outdoor lifestyle if you decide to move here. Before making such a large investment, it’s important to consider the advantages of both townhouses and single-family homes to see which is the best match for your needs, lifestyle, preferences and budget. You will need to content with a high population density when living here. It is very easy to keep your calendar full when you start living here. The state is a safe option for retirement, according to Kiplinger, which also looked … Keep in mind the abundance of beach towns, music festivals, natural beauty, beer, rich history, cheesesteaks, museums and ghost selfie ops, because there are thousands of amazing experiences waiting for you in the little D. Make sure you're covered with an affordable home insurance policy. Although you will have access to excellent healthcare options when you choose to start living in Delaware, you may find it a challenge to establish a relationship with a primary care physician. The emergency care here is phenomenal, but you will need to be prepared for more traveling expenses if there are some regular healthcare needs you are managing right now. If you are unable to drive, then living in Delaware could create a challenging situation. It has a history as a port and transportation center serving the agricultural “Delmarva” peninsula, incorporating eastern Maryland, Delaware, and a part of Virginia. If you have an inability to get around on your own, then the public transportation options which you do exist can be considerably inaccessible. Delaware communities by Montchanin. “The street space around the cul-de-sac fills up pretty quickly when someone else has any kind of event going on.” Trucks can also have a tricky time navigating a cul-de-sac. And bring one back for us, while you're at it. Thousands of people come to the state each year during the summer because of this advantage. The beaches of Delaware are clean and beautiful. Delaware has no sales tax, none. When it comes to the average 1-bedroom apartment, it’ll cost $1,026/month in Wilmington, $850/month in the state capital of Dover, and $690/month in Rehoboth Beach. Even the median home value is below $240,000. There is a growing Uber and Lyft presence to consider in the state, along with the occasional taxi, but you will need to plan your journey well in advance if you cannot drive for any reason. There's tons of activity popping up all around Bethany Beach, Rehoboth Beach, Milford, Dover and Wilmington. There is no place that is 100% perfect when you start to look for a new home. This is where we turn the tables over to you, friend, to decide if you're ready to become a Delawarean. It’s home to beach bums, farmers, Blue Hens (alumni or fans of the University of Delaware), hunters, the Du Pont empire ,and crabbers. Personal Safety. In 2016, the median property tax rate paid by Delaware residents was less than.44 percent. What type of Business Insurance do I need? And like I mentioned there are the tanger outlets in Rehoboth beach. 5. That's right, locals call it punkin chunkin—how cute is that? Mwa-hahahaha. The further south you go in Delaware, the more southern influence you'll find. Delaware might be one of the smaller states in the country, but it still offers access to plenty of good employment opportunities. A Guide to “The College Life” in Tennessee, A Guide to “The College Life” in North Carolina, A Guide To “The College Life” in Minnesota. Almost the entire state has new construction underway. The Pros And Cons Of Fresno Living. The benefits of incorporating in Delaware Incorporating in Delaware holds many advantages; here are the key ones: The Delaware court system is … You might not have as much space as you would in other states, yet it still provides a small-town feeling that can take you right down to the beach. Delaware doesn't have any sales tax so that's a plus. While we can't even pretend that we've covered all of your concerns (we'd probably pass out from exhaustion if we tried), we're hoping that you've at least been able to soak up some helpful insights on the state. Delaware has some of the best healthcare facilities available to you in the United States. That means you will be contending with the sixth-highest rate of population density in the United States. Residents say you can find this vibe across the entire state—as if the state itself feels like one small town. Birdwatching, golfing, sailing, and fishing are just a few of our fresh-air pursuits. There are also high-paying jobs like surgeons, pediatricians, and sales opportunities that you will find. Cost of Living Sperling’s Best Places reported that the cost of living in Delaware was more than 10 percent higher than the U.S. average. Most Delawareans live in New Castle County (the northernmost of the three counties in Delaware). Some advantages of living there include: * Location. You will be living in a centralized location if you decide to call Delaware home. Don’t let the population density scare you—it’s time to talk about Delaware’s great housing market. 6. The cost of living in Delaware is higher than the rest of the United States. ZDNet. So are there even enough jobs for everyone? In Chateau Country, you can see absolutely rindonculous mansions and magazine cover-worthy gardens of the Du Ponts, and many of them are even open for guided tours. 2. 8. 7. There's certainly no reason to move to Delaware if you're a nature-lover. They have 3 centers total all within a 2 mile range of one another. Don’t worry, we didn't forget about apartments. One of our first pros is our location. Even if you are still raising a family and nowhere near retirement age, Delaware offers an opportunity for you to start saving some money back so that you can focus on the plans you have for the rest of your life. Our shopping is legendary, thanks to outlet centers that are among the largest in the region. Since Madrid is large, so i… The $12,500 exemption is nice to have, but you typically need more than that to make your retirement comfortable – which means you’ll be paying taxes. Millville. It is also very close to nationally recognized hospitals, including Johns Hopkins and Jefferson University Hospital. The area is pleasant with few extremes, thanks to the nearby waters of the Chesapeake Bay and Atlantic Ocean. That was the Battle of Cooch’s Bridge, which took place in August 1777 about two miles from present-day Newark. It has one of the country’s lowest real estate tax rates. There are diverse educational opportunities available in Delaware. Dewey Beach and Rehoboth Beach both receive regular five-star ratings for their water quality, cleanliness, and access to amenities. TV.com. The Pros The Coastline. Surf fishing is a big deal here, too. There’s a strong population of nature lovers who enjoy hiking, state parking, and beach bumming. Some of the fastest-growing careers in the state are as home health aides, business analysts, electricians, HVAC technicians, software developers, carpenters, plumbers and registered nurse practitioners. Every year there’s a special event known as Mischief Night which features—get this—a pumpkin-launching competition. In fact, The Small Wonder State ranked at number four on the list of the 10 Most Liberal States. Advantages of Incorporating in Delaware According to the Delaware Division of Corporations , 67.8% of Fortune 500 companies are incorporated in Delaware, and 1.5 million corporations have registered in the state. Seriously, residents joke about how Delawareans have entire garages filled with crabbing gear. Delaware certainly offer some challenges that are worth considering, but there are also some significant benefits that are worth taking a closer look at right now. Traffic. The southern half of the state is referred to as the slower-lower portion by locals. If you retire before the age of 60, you won’t even get to take advantage of these financial benefits either. You will need to speak with your homeowners’ insurance provider to talk about what options are appropriate for you here, including extra flood insurance, to ensure that all of your assets receive the protection they deserve. If you plan to rent an apartment, then you can expect to pay about $1,000 per month in Wilmington, around $850 per month in Dover, and even less if you decide to live in Rehoboth Beach. You will need to travel outside of the state to catch an international flight. Delaware is the home of the famous Du Pont family, one of the richest families in America. And because it packs a high population in such a small space, Delaware ranks as the sixth-densest state by population. 5 Pros and Cons of Incorporating in Delaware Jan 14, 2017 Jan 4, 2017 by Brandon Miller Many organizations that have the liberty to be registered or incorporated in any state of the country or its nature of business allows it to be based outside the city and state where it operates are recommended to incorporate in Delaware. You can go on horseback rides through the state parks, take advantage of the sophisticated cultural offerings, and enjoy the various festivals which run each year. Pros: No taxes! 16 Pros and Cons of Living in Coeur D’alene, Idaho. Best Places to Live in Middletown, Delaware Large city - Extreme southeastern Pennsylvania along the Delaware River at the New Jersey border. While it may sound idyllic, there are both pros and cons to this lifestyle. This answer applies mainly to living there. People aren’t your thing? There are more than 200 LGBTQ-owned businesses, with a vibrant nightlife and welcoming daylife. Several population demographics are already migrating to Delaware because of the financial benefits and centralized location that the state offers. And with low tax living (including no sales tax and property taxes that are some of the lowest in the nation), a low cost of living, and that coveted, relaxed lifestyle of Coastal Delaware, it’s no wonder people love living … 25 Pros and Cons of living in Louisiana Louisiana lies in the Deep Southern region of the South Central United States. It includes what we think are some of the most important factors to take into consideration before a cross-country relocation—like trivia and weird facts and stuff. Delawareans are pretty much packed in like sardines. If you're the type who likes to drive fast and get things done quickly, stick to the northern part of the state. The early inhabitants in this region tended to identify more closely with their county then their community or their overall state. But good news: The nicknames don’t stop there. You can then turn the investment of your tuition costs into a job that pays decently in the state. CNET. In addition, since it’s so close to Philadelphia, Atlantic City and DC, you'll find a melting pot-style cultural blend. Single-family homes: Pros and Cons. To begin, the current median home value in Delaware as $232,100—up 5.1% over the past year. But, the state does have a maximum state income tax of 5.95 percent. 18 Pros and Cons of Living in Boise, Idaho, 14 Big Pros and Cons of Mortgage Credit Certificates, 18 Major Advantages and Disadvantages of the Payback Period, 20 Advantages and Disadvantages of Leasing a Car, 19 Advantages and Disadvantages of Debt Financing, 24 Key Advantages and Disadvantages of a C Corporation, 16 Biggest Advantages and Disadvantages of Mediation, 18 Advantages and Disadvantages of a Gated Community, 17 Big Advantages and Disadvantages of Focus Groups, 17 Key Advantages and Disadvantages of Corporate Bonds, 19 Major Advantages and Disadvantages of Annuities, 17 Biggest Advantages and Disadvantages of Advertising. But why stop there? Oh, man—you just can't make this stuff up. It's also referred to as The Blue Hen State  because of its unique blue chicken breed (though the eggs aren’t blue, we checked), which is both the state bird and the official mascot of the University of Delaware. … And at the exasperation of both my accountant and lawyer, I’ve also owned both a California and a Delaware LLC. Soak up the breathtaking coastline views and snap a few panoramics, they’ll look lovely as a Facebook cover photo—#NoFilterNeeded. Public transportation options in Delaware are minimal. CBS News. No matter what your preferred pace of life, you should be able to find a town that's well suited for you in The Diamond State. Coastal living (at least in Sussex county) Quite a few beaches to discover. 2. The state is bordered by Arkansas to the north, Texas to the west, the Gulf of Mexico to the south, and Mississippi to the east. This state relies on private vehicle ownership for many of its transportation needs. Delaware is a fantastic place to be in the summer, with beautiful seaside towns and long stretches unspoilt sandy beaches to explore. (Whoops.) Despite the state’s diminutive size, there is no shortage of amazing things to do in Delaware. Delaware is dealing with a shortage of doctors. The secret is out! Most of the cities are accessible by train, which means you can commute to work each day even if there is significant mileage that you must cover. And if you are under 26 years old, you can get an unlimited public transportation card for 20 euros a month. #9 Best Places to Retire in Delaware. That means it is much easier to budget for your expenses each month because your responsibilities in this area have a lot more structure than they do in other states. Here are just a few of the state's main attractions: In case all the amazing sites, stories, tastes and trivia we just walked you through weren’t enough, here are a few pros and cons of living in The Blue Hen State. That can be beneficial if you were trying to increase the amount of equity that you have in a home, but it can be problematic if you’re trying to purchase a property in the first place. Suggestions. Madrid being the capital of Spain means VARIETY. Let's dive in and take a closer look at the job market. First the PROs (as voted on by real-life Delawareans): Then the CONs (also as voted on by real-life Delawareans): Get ready, because this’ll probably be your favorite part of the tour. Don’t worry, friend, you've come to the right place. Delaware is an excellent retirement destination. No matter where you choose to move in Delaware, make sure you're covered with an affordable home insurance policy. Over the past decade of living in California, I’ve operated multiple sole proprietorships. As for the highest-paying jobs, we’re talking surgeons, OB/GYNs, dentists, pediatricians, sales managers and psychiatrists. Delaware provides you with a home location that is about 30 minutes from the coast no matter where you choose to live. Being the second-smallest state by landmass in the country at only 2,490 square miles, it also easily earned another nickname, The Small Wonder. Since … You will be contending with retirees and individuals who are willing to commute to their positions in New Jersey, Maryland, and Pennsylvania when you start hunting for a home. Since it is one of the oldest populations in the United States, there are plenty of good opportunities to find work if you decide to stay here over the long haul. There is the metro, train, and bus at your convenience. Pensioners above the age of 60 can exempt $12,500 of their retirement income or pension from the state taxes as well. You will also have a centralized location to access many of the larger metro areas that are along the eastern seaboard of the United States. 2 reviews. I’ve experienced first-hand the pros and cons of forming a Delaware LLC while living in California. There are so many perks to living in Delaware – but if you’re already a resident of the first state, you know that! Delaware is a retirement oasis. Advantages of retiring in Delaware include the relatively low state income tax, property tax benefits, wealth of things to do and ease of travel to exciting nearby destinations. If you decide to start living in Delaware, then you will need to consider your transportation needs very carefully. TVGuide.com. Delaware would also become the first state to ratify the constitution of the United States. Whether you have preschoolers in your family or you are getting ready to send someone off to college, Delaware has a diverse selection of high-quality private and public educational institutions from which to choose. 5. The state is made up of three counties which have been established since 1638, and each of them has their own unique settlement history. You will need to content with a high population density when living here. In addition, residents enjoy relative low income tax rates (maximum 6.6%). It's really just, well, flat roads. … Location. And with 30 miles of coastline, it's easy to see why. Nice and quiet (if it's not tourist season) Cons: Seasonal economy (at least south of Dover, not sure about north of there. Well, current house rental averages $1,375/month. As part of a busy metropolitan area of nearly a million people, Fresno County attracts residents with its diverse job market, affordable housing, and outdoor activities. You can even go on your own little ghost-hunting tour there...if you dare. That makes a big difference in your day to day living. Delaware offers a scenic, temperate place to call home in the #1 tax-friendly state in the nation. 11 Reasons Living In Delaware Is The Best – And Everyone Should Move Here. Because there is such a high level of competition for space in the state, home prices and rental costs have been rising by 6% to 11% each year. Like pretty much everything else in this itsy-bitsy state, politics also tend to be right in your face, too. Rental costs vary throughout the state and depend entirely on the kind of setting you’re looking for. Different teams show up with their various contraptions and hurl the seasonal squash as far as they can. Regardless of where you work (in the city center or the outskirts of Madrid), you are well-connected to everything. First, there's less traffic than you'd find on a typical street, since the only reason to enter a cul-de-sac is to visit someone who lives on that block or to turn around. You will still pay your fair share of taxes when you decide to start living in Delaware, but you won’t need to worry about they added expense of a sales tax when you need to go shopping. Now that we’ve taken a look at everything Delaware has to offer, let’s examine some of the pros and cons of moving to the First state. The state's unemployment rate sits at 4.3%, according to the Bureau of Labor Statistics, which is slightly higher than the national average. The Pros And Cons Of Living In Delaware . The median property rate paid by residents was less than .44% in 2016. May want to rethink your relocation. Another option is to look for property along the Indian River Bay which, if you look at a map, runs directly south of Rehoboth Beach along Rt 24. Do you like that? Pros and Cons of Living in a Cul-de-sac Military homebuyers and renters love property on a cul-de-sac. Delaware is a tax-friendly state in every way. There are other tax advantages to consider as well, since Delaware has one of the lowest real estate tax rates in the country. 6. There are good job opportunities waiting for you in Delaware. Are you a renter instead? There are so many reasons to retire in Delaware. These are some of the pros and cons you should consider before deciding whether you want to register your company in this state. Despite that small size, there are about 1 million people who have decided to call it their home. To get to the Bombay Hook National Wildlife Refuge, you'll first enjoy a coastal drive on Route 9's Bayside Drive, which locals contend is one of the most breathtaking drives in the country. The city of Coeur d’Alene can be found in Idaho’s upper panhandle. They got their start as gunpowder manufacturers before branching  out into the worlds of paint, plastic, dynamite and more. Gamespot. Hurricanes can be a significant threat to Delaware. Basically, what it lacks in size, it makes up for in people who are never far away. Unless you plan on sleeping in the cramped back seat of your car, odds are that you'll be looking for a place to live when you move. Latest News from. 3. There’s so much new construction going on in The Blue Hen State, it's ridiculous. It’s now a park-slash-museum on the Delaware River’s tiny Pea Patch Island and is considered one of the most haunted sites in the world. For both your curiosity and your convenience, we've compiled an informative, though goofy at times, little guide to all things Delaware. Are you looking for beauty and value in the same place? Great. That is just another reason why living here is such an affordable experience. 7. Even the income tax rate has a maximum of 6.6%, and your Social Security benefits are exempt. You’ll find numerous opportunities throughout the year to go on historic state tours. Pros And Cons Of Living In Delaware By County . So you’re considering a move to Delaware, but your knowledge of the state is as nonexistent as most other Americans. Earlier we mentioned locals really enjoy crabbing, and we weren't kidding—there are many who dedicate a sizable chunk of their lives to this activity. Close to multiple metro areas. Delaware is the second-smallest state in the country, with a landmass of less than 25,00 square miles. It is not unusual for a doctor to have their practice completely full in less than six months. I did a lot of searching for a homeowner's insurance and I went with TrustedChoice.com because it provided the best rates and coverage. Despite the numerous conflicts that occurred during the Revolutionary War, there was only one significant military engagement that took place in Delaware. Metacritic. Whether you're a fan of crabs, Blue Hens and their boring white eggs, killer craft beers or pumpkin-tossing, you'll find lots of stuff to see and do in The Small Wonder. Despite it’s teeny size, Delaware has a population of about 971,180. Cost of living … Because of this perspective, some of the southern and western communities where thought to have been part of Maryland until the late 18th century. (As someone that hails from an area where you get charged 13% on everything, that's amazing) Cheap booze. Even though space is at a premium in Delaware, you will find that the housing market is reasonably affordable. The history of Delaware dates back to the colonization of the United States in the 17th century. 4. They say it’s full of the ghosts of Confederate soldiers who remain unsettled. Many of the small communities around the beaches of the state provide small art galleries and museums for you to tour. Since there is only one way in and out, a cul-de-sac has less traffic than a typical street. Rehoboth Beach is a popular vacation spot for many, including a sizable LGBTQ population. The title The Diamond State was given to Delaware because Thomas Jefferson called the land a "jewel" among the other states due to its "strategic location on the Eastern Seaboard," according to delaware.gov. There are plenty of cultural opportunities to explore in Delaware as well. Even the glancing blow that Sandy gave the state in 2012 created problems for many homeowners. This is due not only to the high population density, but also the nature of the land's locals. 4. Although the cost of housing is competitive and there is no sales tax that you need to worry about here, the cost of living in Delaware is about 10% higher than it is on average in the United States. Then there’s the tomfoolery. That doesn’t mean it is the most expensive place you might decide to live, but this disadvantage does mean that you will need to budget your finances carefully. Delaware is well-represented in theater, performing arts, and music. 1. Delaware is also home to Dogfish Head beer, and residents are crazy defensive about the stuff. The First State's current minimum wage is $8.25/hour, which is just one dollar higher than the Federal minimum, according to minimum-wage.org. As with any city, living here has both good things and bad things to consider when relocating. 1. Although there hasn’t been a storm which has made landfall in the past 150 years, a strong nor’easter can be destructive – like the one that destroyed the Rehoboth Beach boardwalk in the 1960s. Living In The State Of Delaware Pros And Cons. If you wanna see for yourself, check out a place called Capriotti's. ... it’s all part of living the American dream. The fantastic natural resources give you options for marine sports, kayaking, hiking, and cycling.
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