Latest available · Census ACS 5-Year (2024)
What Is the Average Rent in ZCTA5 19940, Delaware?
ZIP code · Census ACS 5-Year estimates
The median gross rent in ZCTA5 19940, Delaware (ZIP 19940) is $1,037/month (±$172), based on Census ACS 5-Year estimates (2024). The median home value is $235,300 (±$17,920), and the median household income is $65,024/year. The unemployment rate in Sussex County, Delaware was 4.9% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2024 5-Year Estimates.
Housing Metrics for ZIP 19940
| Metric | Value |
|---|---|
| Median Gross Rent | $1,037 |
| Median Home Value | $235,300 |
| Median Household Income | $65,024 |
| Total Housing Units | 2,469 |
| Renter-Occupied Units | 439 |
| Renter-Occupied Share | 18% |
| Households Paying 50%+ Income | 122 households |
| Unemployment Rate(April 2026) | 4.9% |
How does ZIP 19940 compare?
Median gross rent ranked against all ZIP codes in Delaware.
Higher rent than 5% of ZIP codes in Delaware · 54th of 56
| # | ZIP code | Value |
|---|---|---|
| 1 | ZCTA5 19707 | $2,327 |
| 2 | ZCTA5 19701 | $1,827 |
| 3 | ZCTA5 19967 | $1,750 |
| … 50 more … | ||
| 54 | ZCTA5 19940(you are here) | $1,037 |
| 54 | ZCTA5 19975 | $1,037 |
| 56 | ZCTA5 19980 | $866 |
Geography
ZIP 19940 is in Sussex County, Delaware.
It covers part of Delmar town city, Delaware.
More data for ZCTA5 19940
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Frequently asked questions
What is the average rent in ZCTA5 19940, Delaware?
The median gross rent in ZCTA5 19940, Delaware (ZIP 19940) is $1,037/month, based on Census ACS 5-Year estimates (2024). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the average rent for a 2-bedroom in ZCTA5 19940, Delaware?
The median rent for a 2-bedroom in ZCTA5 19940, Delaware is not available based on Census ACS 5-Year estimates (2024). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2024.
What is the median home value in ZCTA5 19940, Delaware?
The median home value in ZCTA5 19940, Delaware (ZIP 19940) is $235,300 according to Census ACS 5-Year estimates (2024).
What percentage of renters in ZCTA5 19940 are rent-burdened?
In ZCTA5 19940, Delaware, 122 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in ZCTA5 19940, Delaware?
The median household income in ZCTA5 19940, Delaware is $65,024/year according to Census ACS 5-Year estimates (2024).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,037 has a margin of error of ±$172. In very small areas, MOEs can be large relative to the estimate.
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