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jeanmpryor, Both Buyer and Seller in Claymont, DE

why are delawae taxes so low,my taxes in pa are 6 grand.?

Asked by jeanmpryor, Claymont, DE Sat Jan 12, 2013

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As Wayne mentioned, Delaware gets lots of taxes from the corporate world, but that generally goes towards offsetting the lack of sales tax in DE. The reason property taxes are different between boroughs/townships of PA and DE is due to how schools are funded. The biggest portion of your total property tax is most likely from the borough you're living in, which is where school taxes get collected. Generally speaking the boroughs in PA with the higher borough/township millage rates (read, property taxes) also have better schools. On average, the public schools in Delaware would be worse than the public schools in areas of PA with higher property taxes.

If you're going to have kids, it would be worth it to pay the higher taxes for a better quality public education. Parents in DE generally would send their kids to private school for a better education, which far exceeds the extra cost you're paying in taxes.

If you're not going to have kids, then you're paying for other peoples kids to have a better education, which does have ancillary benefits for the area. Areas with a more education population generally have lower crime rates, and better quality of living.
0 votes Thank Flag Link Sat Feb 23, 2013
Delaware collects its revenue from other sources. Delaware has one of the largest quantities of registered corporations and collects revenues from those corporations based on the number of shares they have outstanding. So a large percentage of the states revenues comes from corporations instead of individuals. You should do what so many have done and make the move to lower taxes. Feel free to contact me with any real estate questions. Thanks Wayne Bartron homedelaware@earthlink.net
0 votes Thank Flag Link Sat Jan 12, 2013
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