Housing market/Delaware/ZIP 19947
ZIP 19947 Georgetown, Sussex County, Delaware
Sussex County, DE · Delaware. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 19947 · DE — sent to you.
ZIP 19947 · DE
ACS rent vs 2BR SAFMR
ZIP 19947 — Georgetown, DE HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 19947
- 1-unit detached5,03672.2%
- 1-unit attached1822.6%
- 2–4 units2213.2%
- 5–49 units78211.2%
- 50+ units961.4%
- Mobile6559.4%
2–4 unit share 3.2% · 5–49 unit share 11.2% · combined 2–49 14.4%.
Units by bedrooms
Rent burden
- ACS median gross rent $1,298 (all bedrooms, occupied rentals).
- Median contract rent $1,011.
- Renters paying ≥30% of income 57.4%; ≥50% 28.3%.
- FY2027 2BR SAFMR $1,540 (1.186× ACS median gross rent).
Population
19,343 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -3.6%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 7 projects, 331 units.
- HUD project-based assisted MF: 2 properties, 77 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
New apartment permits
About 493 new apartments in 5+ unit buildings may have been permitted in this ZIP’s share of the county. That is units (doors), not a building count.
Cities and counties report building permits to the Census. Apartment counts are for the whole county, not a project list in this ZIP.
What the data shows
ZIP 19947 32.3% of occupied households are renters; vacancy is 8.8%; ACS median gross rent is $1,298; population changed -3.6% between the 2018 and 2023 ACS vintages; the housing stock includes 221 units in 2–4-unit structures and 782 units in 5–49-unit structures; 7 LIHTC projects totaling 331 units; FY2027 2BR SAFMR is $1,540 versus ACS median gross rent of $1,298. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.
Delaware research
ZIP 19947 is a Census / HUD profile for Sussex County, DE. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 19947 — Georgetown, DE HUD Section 8 Payment Standards / SAFMR·Delaware ZIP directory
Nearby ZIPs in this FMR area
Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Delaware research. Brokerage is Georgia.
FAQ
What is the housing market like in ZIP 19947?
ZIP 19947 (Sussex County, DE) has 19,343 residents, 6,356 households, a renter share of 32.3%, median household income of $68,529, and ACS 2023 median gross rent of $1,298. Vacancy is 8.8%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 19947?
ACS counts 145 units in 2-unit buildings, 76 in 3–4 unit buildings, 424 in 5–9, 158 in 10–19, and 200 in 20–49. Combined 2–49 unit stock is 1,003 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 19947?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $1,540. See the full schedule and 90–110% payment-standard band on the ZIP 19947 — Georgetown, DE HUD Section 8 Payment Standards / SAFMR.
Does this Delaware ZIP profile include Georgia listings?
No. ZIP 19947 is Census / HUD research for Sussex County, DE. Jeff Crowe CRE does not list Delaware property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.