Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 39.3 yrs |
|---|---|
| Avg HH Size | 2.79 |
| Below Poverty | 4.9% ▼ 51% below avg |
| College Grads | 45.3% ▲ 17% above avg |
| Unemployment | 5.2% ≈ Avg |
| No HS Diploma | 89 (1.1%) |
| HS Graduate | 2,228 (27%) |
| Some College | 974 (11.8%) |
| Associates | 1,221 (14.8%) |
| Bachelors | 476 (5.8%) |
| Graduate Degree | 3,254 (39.5%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $107,868 ▲ 41% above avg |
|---|---|
| Median Home Value | $357,000 ▲ 28% above avg |
| Home/Income Ratio | 3.3x (nat avg ~3.5x) |
| Median Rent | $1,205/mo |
| Total Housing Units | 4,730 |
| Vacant Units | 209 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Magnolia is a city in Delaware, located in Kent County. The city spans 1 ZIP code and is home to approximately 12,618 residents. It is a middle-aged city, with a median age of 39.3 years.
Economically, Magnolia is a upper-middle-income community. The median household income of $107,868 is above the national average. Approximately 4.9% of residents live below the poverty line. The unemployment rate is 5.2%, near the national average.
The real estate market in Magnolia is a mid-range housing market. Median home values stand at $357,000, which is above the national average. Renters typically pay around $1,205 per month. Homeownership is high at 90.1%, typical of suburban and family-oriented communities.
The population of Magnolia is well-educated. 45.3% of adults hold a bachelor's degree or higher — above the national average. The community is majority White (57.93%).
Magnolia, DE offers residents above-average earning potential within Delaware.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 19962 | 12,618 | $107,868 | $357,000 | $1,205 | 5.2% | 45.3% | 90.1% |