Cost of Living in Pike Creek Valley, DE

Population 11,992 · Delaware · Data vintage 2023

108
Cost Index
(100 = US avg)
Page updated: · Data vintage: 2023 ACS 5-Year
Sources: Census ACS·BLS·NOAA·EPA·Zillow · Methodology

Pike Creek Valley sits on the smaller end of the Delaware city distribution. That scale shapes the housing market, the labor pool, and the services available to residents in ways the data below makes visible. Unemployment has stayed elevated relative to the national figure — 6.1% as of the most recent ACS release — which shows up in household-income and poverty figures as well.

Geographically, Pike Creek Valley is about 35 miles southwest of Philadelphia, the nearest large metro. Median home values run roughly 29% higher than Philadelphia's $232,000.

Cost Overview

Housing 98
Rent 122

Scale: 100 = US national average. Green < 90, Red > 110.

About the Cost of Living in Pike Creek Valley

The median home value in Pike Creek Valley is $299,500 — 2% below the national median of $305,000. Median rent runs $1,602/month, 22% higher than the national median of $1,314/month. The median household income of $93,896/year is 26% higher than the US median of $74,580. The local unemployment rate is 6.1%, above the national average of 4.8%. Delaware's top state income tax rate is 6.6% and the combined sales tax is 0.0%. Overall, Pike Creek Valley has a cost of living index of 108 versus the US average of 100, meaning it is 8% more expensive.

🏠 Housing

Median Home Value
$299,500
2% below avg
Median Rent
$1,602/mo
22% above avg
Price-to-Rent Ratio
15.6x
Favors buying
Property Tax Rate
0.6%
Effective rate

HUD Fair Market Rents by Bedroom

Studio
$1,173
1 BR
$1,181
2 BR
$1,492
3 BR
$2,080
4 BR
$2,278
Owner-occupied 65.3%
Renter-occupied 34.7%

💰 Estimated Monthly Budget

Rent median rent
$1,602
Groceries national estimate
$400
Utilities local estimate
$88
Transportation local gas prices
$126
Estimated Total $2,216/mo

Estimates based on median data and national averages. Actual costs vary.

🛒 Food & Groceries

National BLS average prices (2023). Local prices may vary.

🥚
Eggs (dozen)
$0.548
🍞
White Bread (lb)
$1.912
🥩
Ground Beef (lb)
$5.61

🚗 Transportation

Avg Commute
23.6 min
13% below avg
Gas Price
$3.145/gal
0% below avg
Work From Home
16.1%

Commute Mode

Drove alone
68.2%
Carpooled
14.1%
Public transit
0.1%
Walked
1.1%
Bicycle
0.0%
Work from home
16.1%

Utilities

Electricity
$0.176/kWh
0% below avg

📋 Taxes

State Income Tax 6.6%
Total Sales Tax 0.0%
State rate 0.0%
Avg local rate 0.0%
Property Tax 0.6%

💼 Income & Employment

Median Household Income
$93,896
26% above avg
Per Capita Income
$49,587
Unemployment Rate
6.1%
26% above avg
Poverty Rate
6.5%
Labor Force Participation
73.5%

🎓 Education

Bachelor's degree+ 29.9%
Graduate degree 18.3%

👥 Demographics

Median Age 38.3
Male median age 41.1
Female median age 37.4

💨 Air Quality

EPA AQS 2023 — county-level monitoring data

Median AQI 51 — Moderate
47.4%
Good air days/yr
282
Max AQI recorded
236
PM2.5 days
127
Ozone days

Frequently Asked Questions

What is the cost of living in Pike Creek Valley, DE?

Pike Creek Valley has a cost index of 108 (100 = national average). It is 8% above the national average.

What is average rent in Pike Creek Valley, DE?

The median gross rent in Pike Creek Valley is $1,602 per month based on 2023 Census data.

What is the average home price in Pike Creek Valley?

The median home value in Pike Creek Valley is $299,500 according to 2023 Census ACS data.

What is the median income in Pike Creek Valley?

The median household income in Pike Creek Valley is $93,896 per year (2023 ACS 5-year estimates).

What is the sales tax in Pike Creek Valley, DE?

The combined state and local sales tax rate in Pike Creek Valley is 0.0%. The Delaware state income tax top rate is 6.6%.

Is Pike Creek Valley, DE affordable?

Pike Creek Valley is near the national average in terms of cost of living, with an index of 108 (100 = US average).

Pike Creek Valley at a Glance

Population
11,992
Median Income
$93,896
Home Value
$299,500
Median Rent
$1,602/mo
Unemployment
6.1%
Sales Tax
0.0%
View all cities in Delaware →
🗺️ County data for Delaware

Explore county-level cost of living data

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