Thursday, July 15, 2021 / by Jay Lesko
Why should I move to Lewes, Delaware?
One of the most popular towns in Delaware (Lewes) resides in the prominent Cape region and houses roughly 3000 American citizens permanently.
Lewis has been categorised as one of the best places to live in Delaware due to its historic architecture, magical oceanfront, and ample dining opportunities. Its popularity with families has additionally continued to skyrocket given the area's relatively low crime rate and robust public education system.
Lewes’ residents are generally financially well off, with the average earnings being the second highest in the entire Delaware state. The down side of this is that house prices in the area are generally a bit higher- sitting, on average, at roughly USD $360,000.
Regardless, there are a seemingly limitless number of reasons to visit Delaware- great food, beaches, views, and- of course, the people. As the old phrase goes, nothing good in life is free, right?
But how about moving there permanently? Is Lewes, Delaware better suited for vacational visits or is it more beneficial to reside there permanently? Below we take an analytical look at the ample benefits of moving in Lewes Delaware- considering costs, activities, and quality of life statistics along the way.
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How Is The Real Estate Market in Lewes, Delaware?
One of the first things you’ll presumably want to know when deciding on whether Lewes, Delaware is a right fit for you is the state of the real estate market.
Lewes’ house pricing- albeit higher than other areas in Delaware as briefly touched on above, still provides very affordable options in comparison to a plethora of other areas across the US.’s east coast.
Real estate has historically consistently seen an upwards spike in the area, however, so current indicative prices are always subject to inflate in the next couple of years. Last year, for example, Lewes experienced a total appreciation rate of almost 5.0% (with a previous 3% annual increase since the early 2000s).
If you decide to go with renting, you should expect to pay (on average) around USD $1,500 per month for a two bedroom apartment. The most expensive areas are, of course, found near the coastline and beautiful beaches.
How Much Does It Cost To Live In Lewes, Delaware?
Similarly with its housing prices, Lewes has a fairly low and reasonable cost of living in comparison to its neighbours in Delaware. Below we break down the costs of living in three specified categories.
Food and Groceries
Food and groceries in Lewes are a bit more expensive in comparison to the average (roughly 2% higher according to recent data).
In pragmatic terms, an average day-to-day dinner coupled with a drink is likely to set you back around $15.0 in a good-tier restaurant. A carton of milk costs less than $1.0, and a packet of 12 eggs is approximately $3.0.
Utilities follow a similar trend in comparison to the National US. Average, coming in at just between 4 and 5% higher.
In pragmatic terms, this means that a couple living with no children in a two bedroom apartment can expect to pay around $160 per month for gas, electricity and water. Of course, some couples will use up a little more, and others a bit less.
Transportation costs (including vehicular insurance, gas, and costs of maintenance) is below the national average, which can serve as a source of significant financial relief. This is roughly 4% lower than the average across the U.S.
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Is Lewes, Delaware A Good Place To Retire?
Lewes (and Delaware in general) has proliferated in popularity in the last couple of decades amongst individuals looking to retire. Aside from its glowing community, food and housing market, it also offers a plethora of financial benefits for potential retirees.
This means that you’ll likely be in a place with ample people of a similar age group and professional background, and consequently will be able to easily find some pretty high-class and aesthetic senior living complexes within the magnificent coastal area.
Delaware generally offers a very tax-friendly scheme for residing retirees. Citizens can expect to enjoy a no tax on retirement income (including IRA’s and 401 (k) plans for income that’s less than $12,500 dollars, as well as zero sales tax.
Persons over the age of 65 will also be eligible for a $2,500 tax deduction ob their annual total tax bills
What Are The People And Culture Like In Lewes, Delaware?
Delaware is a very culturally diverse and inclusive place. This means that you’ll be able to commonly and regularly find something you like to do regardless of your personal specificities and likes.
Given Delaware’s close proximity to cities like Philadelphia, DC, New York, and Atlantic City, it can also serve as a great starting point for a journey of unique exploration and relaxation.
Coolest Things To Do In Lewes, Delaware
So what are some of the coolest things to do whilst at Lewes, Delaware? Below are just a few of the many possibilities.
The Winterthur Museum, Garden and Library
Winterthur was the home of Henry Francis du Pont- the popular horticulturist and member of the prominent du Pont family which descended from Pierre Samuel du Pont de Nemours.
The house entails 175 different rooms which are all designed with beautiful antiques and high-value works of art.
The surrounding area (which exceeds 1000 acres) of woodland can be toured by both foot and tram, which can provide a breath of fresh air for the persons tired of going to the beach every single day.
The Brandywine River Museum
The Brandywine River Museum is another must-visit for individuals looking to explore Lewes, Delaware.
It provides a unique collection of artwork- taken from Brandywine Valley as well as from all over the U.S.. This may be particularly fascinating for the more artistically curious individuals of Delaware.
The museum also holds a permanent acquisition of the distinguished artist N.C Weath’s home- providing an unrivalled insight in relation to how life was like in Lewes in the earlier days of the United States of America.
Cape Henlopen State Park
Cape Henlopen State Park is one of the most popular summer spots in the whole of Delaware. Its coastal location, crystal clean beaches, and soft sand dunes have apparently made it quite irresistible for tourists and residents alike.
The park has built in basketball and tennis courts, as well as a full eighteen hole golf course- providing a couple of fascinating alternatives to the established beach life.
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Delaware Museum of Natural History
The Delaware Museum of Natural History is one of the most interactive and well-liked museums, not only in Delaware, but in the entire U.S.
It’s an amazing place for families, couples, and solo individuals, and it exhibits brilliant displays of ancient dinosaur fossils and bird eggs from millions of years ago.
The Pros And Cons Of Living In Lewes, Delaware
To some extent, we have already talked about the significant benefits of living in Lewes, Delaware. These include the location- as you are perfectly situated to enjoy the coastal views, beach activities, and seaside cafes and storefronts, as well as a rather reasonable cost of living.
The state of Delaware is also one of the only 4 states in the entire U.S. with zero sales tax. This means products are a lot cheaper.
Finally, as briefly touched on above, Delaware's close proximity to other major cities can make it a quite flexible living arrangement, allowing you to enjoy the coastline nature whilst remaining only 30 minutes away from Philadelphia and only two hours away from the busy city of New York.
Despite all of its benefits, living in Lewes, Delaware does come with a few cons that you should keep in mind before deciding whether you should move there permanently or not.
Firstly, since Delaware is a relatively small state, its growing population can sometimes make it feel a little bit claustrophobic- particularly in the summertime.
Moreover, road statistics in relation to vehicular accidents illustrate that Delaware ranks as the second worst in all of America, as well as the actual worst for negligent driving accidents which resulted in deaths.
Final Take: Should You Move to Lewes, Delaware?
Overall, Delaware may be small, but it's a state filled with opportunity. Lewes’ growing job market, reasonable house pricing, and breathtaking coastal landscapes means that the area undoubtedly has a lot to offer.