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Choate (Tract 014000)

New Castle, Delaware

FIPS 10003014000

Juniper

Choate (Tract 014000) is in the 71th percentile nationally for home price growth over five years. It also sits in the highest 29% nationally for home price growth over the past year. And it sits in the lowest 40% nationally for median rent.

Typical Home Valuemedian home value (ACS), re-priced to today on the FHFA index

$347,849

Near the U.S. tracts median
Home Price Growth, Past Five Years

59%

Higher than 71% of U.S. tracts
FEMA Risk Score0–100; 0 = lowest modelled risk, 100 = highest, vs places of the same type

55.3

Near the U.S. tracts median

The basics

Total Population

4,719

Median Age

39.8

Population Density

4,141.55

Home values & property tax

Median Property Tax

$2,403

Property Tax Rateyearly tax as a share of home value

0.84%

Cost of living & affordability

Home Price vs Incomeyears of income to buy a typical home

3.77×

Near the U.S. tracts median
Median Income

$75,637

Near the U.S. tracts median
Median Rent

$1,171

Lower than 60% of U.S. tracts

Home prices & appreciation

Home Price Growth, Past Year

6.8%

Higher than 71% of U.S. tracts
Pandemic Price Run-Up2019–20 low → 2022–23 peak

43%

2008 Crash: Peak-to-Trough Drophow far prices fell, 2007 → 2011

21%

Climate & weather

Summer Avg High (°F)

86.4

Winter Avg Low (°F)

26.8

Avg Temperature (°F)

55.7

Hot Days/yr (>90°F)

32.6

Freezing Days/yr (<32°F)

96.8

Annual Precipitation (in)

47

Annual Snowfall (in)

20.2

Flood & disaster risk

Coastal Flood Loss per $1,000

$0

The full report

Six pillars — each with percentile benchmarks, 16-year trends, and per-metric detail.

  • People

  • Work & Money

  • Housing

  • Amenities

  • Climate

  • Environment & Risk

Choate (Tract 014000): frequently asked questions

What is the typical home value in Choate (Tract 014000)?
The estimated median home value in Choate (Tract 014000) today is $347,849, near the U.S. tracts median.
How much is property tax in Choate (Tract 014000)?
The median annual property tax in Choate (Tract 014000) is $2,403, an effective rate of 0.84% of home value.
Is Choate (Tract 014000) expensive to live in?
Homes in Choate (Tract 014000) cost about 3.77× the median household income, near the U.S. tracts median.
What is the average rent in Choate (Tract 014000)?
The median gross rent in Choate (Tract 014000) is $1,171 a month, lower than 60% of U.S. tracts.
How much have home prices grown in Choate (Tract 014000)?
Home prices in Choate (Tract 014000) have moved 59% over the past five years (6.8% in the past year), per the FHFA House Price Index.
How many people live in Choate (Tract 014000)?
Choate (Tract 014000) has a population of 4,719, about 4,141.55 people per square mile, per the U.S. Census American Community Survey. The median age is 39.8.
What is the weather like in Choate (Tract 014000)?
Choate (Tract 014000) averages 55.7°F year-round, summer highs near 86.4°F, winter lows around 26.8°F (NOAA 1991–2020 normals). It sees about 20.2 inches of snow a year.
Is Choate (Tract 014000) at risk of flooding or natural disasters?
Choate (Tract 014000)'s FEMA National Risk Index score is 55.3 (near the U.S. tracts median). Its greatest modeled natural hazard is inland flooding. Modeled coastal-flood loss is negligible.

Sources: U.S. Census ACS, FEMA National Risk Index, FHFA House Price Index, OpenStreetMap contributors (ODbL), EPA. Explore the map →

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