Jerry Mueller Real Estate
Jerry Mueller Real Estate
Jerry Mueller Real Estate
678 Halfmoon Drive
Bethany Beach, DE 19930
Office: 302-539-5872
Cell: 302-745-1418
Fax: 1-866-882-6333
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15 Reasons Why You Should Choose Delaware

1. Sussex County offers a relaxing, coastal resort lifestyle with many beautiful beaches, state parks and sport clubs.

2. Delaware was designated as the "Most Tax Friendly State for Retirees" by Kiplinger's Personal Finance Magazine, in November 2006.

3. Delaware is one of only five states that have no Sales Tax. The states with no sales tax are as follows:

  • Alaska
  • Delaware
  • Montana
  • New Hampshire
  • Oregon

4. Delaware has no Estate Tax (a.k.a., Inheritance Tax, Death tax). Delaware's Estate Tax is equal to the state death tax credit under federal estate tax law. Since this credit has been eliminated from 2005 through 2010, there is no Estate Tax Imposed by the Delaware.

5. Delaware has also no real property or personal property taxes. No state level tax imposed.

6. Delaware ranks 13th State with highest one-year home appreciation % change for a year ending March 31, 2006, with a 5-year appreciation rate of 72.2%, 26 year appreciation rate of 389.6%!

Top 13 States With Highest one-year Appreciation Percent Change in House Prices-quarter Ending March 31, 2006

Rank State 1-Year Quarter 5-Years Since 1980
1 Arizona 32.81 3.80 93.48 309.80
2 Florida 26.62 4.29 111.53 363.74
3 Hawaii 24.99 5.04 58.62 315.93
4 Oregon 20.96 3.80 58.62 315.93
5 District of Columbia 20.84 1.47 124.01 518.60
6 Maryland 20.46 3.17 101.33 409.35
7 Idaho 20.30 3.32 50.92 216.16
8 Washington 19.37 3.82 56.40 346.67
9 California 19.19 2.54 115.21 524.09
10 Virginia 18.12 2.69 83.40 350.58
11 Nevada 17.10 2.88 106.10 309.56
12 New Mexico 15.88 2.80 45.33 203.17
13 Delaware 15.59 2.58 72.24 389.57
  United States 12.54 2.03 57.28 293.78

7. Delaware ranks as the 9th fastest growing state. With 1.6% increase in population.

U.S. State Population Estimates & Changes

State
July 1, 2005
July 1, 2004
Change 2005 to 2005
National Ranking of States
United States
296,414,807
293,656,842

Number

2,453,562

Percent

0.9376802

Population Estimation
Change 2004 to 2005
July 2005
July 2004
Number
Percent
Nevada
2,414,807
2,332,898
81,909
3.5110408
35
35
8
1
Arizona
5,939,292
5,739,879
199,413
3.4741673
17
18
4
2
Idaho
1,429,096
1,395,140
33,956
2.4338776
39
39
21
3
Florida
17,789,864
17,385,430
404,434
2.3262813
4
4
1
4
Utah
2,469,585
2,420,708
48,877
2.01912
34
34
15
5
Georgia
9,072,576
8,918,129
154,447
1.7318319
9
9
5
6
Texas
22,859,968
22,471,549
388,419
1.7284923
2
2
2
7
N. Carolina
8,683,242
8,540,468
142,774
1.6717351
11
11
6
8
Delaware
843,524
830,069
13,455
1.62095
45
45
33
9

 

8. Delaware ranks as number one nationally in the percentage of land continuously conserved for agriculture with 6.4 percent or 82,317 acres. Delaware is first in per capita spending on farmland preservation at $124 per person too.

9. If you have never been before a property owner in Delaware and you are a first time buyer, you may qualify for an exemption of.75% of Sussex County transfer fee and recording fee for the deed and mortgage, which normally is 1.5% of the purchase price.

10. In 2006, Delaware is one of only six states receiving a triple-A for the state's bonds, from 3 of the major bond agencies (i.e., Fitch Ratings, Moody's Investors Service and Standard and Poor's). Delaware has been earning triple-A ratings for three years consecutively, the highest rating awarded by the nationally recognized rating services. This ratings show how Delaware has taken a fiscally responsible approach to managing state government and, having the lowest assessment of repayment risk, allow Delaware to borrow money at the lowest possible interest rate, thus finally saving Delaware Tax payers money. Bonds are in a great demand and are tax-exempt for federal and Delaware income interests.

11. The University of Delaware was also ranked as one of the nation's top colleges by the World Report and US News, "American Best Collages 2007," ranking UDel 67th. Here are some general facts about the College: founded 1743; undergraduate enrolment 19,939; tuition and fees $7,740 in-state, $18,450 out-of state; room and board $7,366; with endowment of $1,001,074,864.

12. Delaware has the cleanest beaches as, it's beaches were ranked the nation's cleanest of the 29 coastal and Great Lakes states surveyed by The Natural Defense Council's "Testing Waters 2006 - A Guide to Water Quality at Vacation Beaches."

Rank of States by Percent of Beach Samples Exceeding the National Standard in 2005

State
Rank (least clean to most clean)
Percent
Total Samples
Beaches
National
-
8%
114,955
3,700
Mississippi
29
22%
1,257
222
Louisiana
28
18%
949
35
Wisconsin
27
16%
4,403
127
Delaware
1
<1%
378
21

 

13. Delaware is also one of only nine states that have little or no income tax on trusts.

Trust Tax Friendly States - States with little or no income tax on trusts

Alaska
Nevada
Texas
Delaware
Ohio
Washington
Florida
South Dakota
Wyoming

 

14. Delaware is one of only 23 states allowing trust to last for generations.

Alaska
Idaho*
Nebraska
Utah***
Arizona
Illinois
New Hampshire*
Virginia
Colorado
Indiana
New Jersey
Washington***
Delaware*
Maine
Ohio
Wisconsin*
District of Columbia
Maryland
Rhode Island
Wyoming***
Florida**
Missouri*
South Dakota

 

Delaware ranks as the thrid least tax burdensome state in the United States

State & Local Tax Burdens by State's Ranking - Projected for Calendar Year 2006

State
Tax Rank (least to most burdensome)
Tax Burden as a Percentage of Income
Tax Burden Per Capita
Income Per Capita
United States
-
10.6%
$4,072
$38,376
Alaska
50
6.6%
$2,598
$39,499
New Hampshire
49
7.3%
$3,136
$42,707
Delaware
48
8.4%
$3,426
$40,964
Maine
1
13.5%
$4,719
$34,935

 

Sources: (1) Tax Foundation and Bureau of Economic Analysis (2) Office of Federal Housing Enterprise Oversight, House Price Index (3) U.S. Department of Commerce, U.S. Census Bureau, released December 22,2005 (4) Natural Resources Defense Council, "Testing the Waters 2006 - A Guide to Water Quality at Vacation Beaches." (5) JP Morgan Private Bank (6) Trusts and Estates < December 2004

*Favorable tax treatment is more assured in these states.
**Florida trust duration 360 years, Washington 150 years.
***Utah, Wyoming limited to 1,000 years.