Quick facts: Bridgeville, DE

Quick Facts

108.1
Cost of Living
above US average
2,752
Population
22.17
Crime Rate per 1000
below US average
$61,523
Median Income
below US average
$390,585
Median House Price
above US average
$1475.0
Average Rent
above US average
9%
Poverty Rate
below US average
3.8%
Unemployment Rate
below US average

πŸ’΅ Affordability Calculator

Based on the 28/36 rule: housing costs should not exceed 28% of your gross income. Compared against local median income of $61,523.

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Income Needed to Buy

βœ— Stretch
$123k/year
Based on $390,585 median home price
Assumes 30-year mortgage at 7% with 20% down payment
⚠️ Requires $123k vs median $61,523
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Income Needed to Rent

⚠ Stretch
$63k/year
Based on $1475.0/month average rent
Annual income where rent = 28% of gross
⚠️ Requires $63k vs median $61,523
πŸ’‘ 28/36 Rule: Housing ≀28% of gross income, total debt ≀36%. This is a guideline used by many lenders.

Overview for Bridgeville, DE

Bridgeville is a charming small town located in Sussex County, Delaware. With a population of just around 2,000 residents, it offers a tight-knit community atmosphere. The town is situated along the scenic banks of the Nanticoke River, which enhances its picturesque charm. Bridgeville's history dates back to the 1700s, and it boasts several historical buildings and sites that reflect its rich heritage. The town serves as a hub for the surrounding agricultural area, known for its farming and rural lifestyle. Local attractions include the annual Bridgeville Apple Scrapple Festival, which celebrates both apple and scrapple dishes, drawing visitors from near and far. Residents enjoy the peaceful, slower-paced life with easy access to nature and outdoor activities, including fishing and hiking. Bridgeville is also conveniently located near larger towns like Seaford and Georgetown, providing access to more extensive amenities and services. Overall, Bridgeville reflects the charm and warmth of small-town living while offering a slice of Delaware's rich cultural history.

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