HousingHandbookReference data

U.S. ZIP Code · DE19940

Sussex County

Typical home value

$343,930[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
-3.0%
5-year / yr
+2.9%
10-year / yr
+5.3%

Relative price

vs U.S.
+21.1%
vs metro
vs state
-9.3%
ZIP 19940 location in DE
Location of ZIP 19940 in DE

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 19940 is worth $343,930. Over the past year, values have fallen 3.0%. The effective property tax rate is 0.5%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
[2]
Gross yield
[2]
Cap rate
[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
0.5%[3]
Typical annual tax
$1,802[3]

#Climate risk

FEMA National Risk Index ratings for Sussex County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively Moderate
Coastal flood
Very High
Wildfire
Relatively Low
Drought
Relatively Moderate
Heat wave
Relatively Moderate
Hurricane
Relatively High
Tornado
Relatively Low
Earthquake
Relatively Low
Winter weather
Very High

#Who lives here

Population
7,540[3]
Median household income
$65,024[3]

#Migration

Household moves in and out of Sussex County over a year, from IRS tax-return data.

Net migration
+3,029[5]
Moved in
8,399
Moved out
5,370

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
3
Elementary
0
Middle
1
High
1
  • Delmar Middle School

    Middle · Grades 5–8 · Delmar School District

    737 students

  • Delmar High School

    High · Grades 9–12 · Delmar School District

    714 students

  • Delmar Middle Level ILC

    Ungraded · Delmar School District

    0 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield
Net yield (after ~40% expenses)
Annual rent

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,739
Loan principal$275,144
Down payment$68,786
Total interest paid$350,931

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio
Monthly cost to own$2,175
Monthly rent

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
[1]
Rental yield
[2]
Property tax
[3]

Rankings

Top-10 lists this ZIP code appears on.

Frequently asked

How much is a home worth in ZIP code 19940?
The typical home in 19940 is worth $343,930, based on the Zillow Home Value Index.
Are home values rising in 19940?
Home values in 19940 are down 3.0% over the past year, and up 2.9% a year over five years.
What is the property tax rate in 19940?
The effective property tax rate in 19940 is 0.5% — roughly $1,802 a year on a typical home.
Who lives in 19940?
ZIP code 19940 has a population of 7,540 and a median household income of $65,024.

Compare ZIPs

Pit ZIP 19940 against any other ZIP — full side-by-side table.

Compare 19940

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