Living in Magnolia, Delaware
Cost of living, income, home prices, rent and demographics of Magnolia · Census data 2020–2024
Magnolia has 274 residents with a median age of 40. The median household income is $113,333 (33% higher than the Delaware median), the median home value is $229,800.
Magnolia is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Magnolia at a glance
- Population
- 274
- Median age
- 40State: 41.6
- Median household income
- $113,333State: $84,954
- Median home value
- $229,800State: $352,000
- Homeowners
- 82.7%
- Bachelor's degree or higher
- 35.7%
- Average commute
- 25 min
Is Magnolia a good place to live?
Pros: Median household income 33% higher than the Delaware median; home values 35% lower than the state median; an average commute of 25 minutes; unemployment of 4.4%; a poverty rate of 7.7%.
The weather is best in May–June and September–October.
Cost of living in Magnolia
Housing is the biggest part of the cost of living. In Magnolia the median home value is $229,800, 31% lower than the U.S. median. Renters pay a median of — per month, which is 45% of household income. Homeowners with a mortgage pay $1,613 a month in housing costs.
Magnolia median household income
The median household income in Magnolia is $113,333 and the income per person is $35,902. 7.7% of residents live below the poverty line (Delaware: 10.4%).
Housing in Magnolia: homes for sale and rent
- Housing units
- 115
- Owner-occupied
- 82.7%
- Renter-occupied
- 17.3%
- Vacant
- 14.8%Includes seasonal homes
- Median year built
- 1938
- Average household size
- 2.80
Magnolia demographics
- Population
- 274
- Median age
- 40
- Under 18
- 22.6%
- 65 and older
- 27%
- Households
- 98
- Foreign-born
- 0%
- Veterans
- 22.4%Adults 18+
Hispanic or Latino can be of any race. Population history of Magnolia ›
Education in Magnolia
35.7% of adults 25 and older in Magnolia have a bachelor's degree or higher (Delaware: 35.8%), and 19.6% have a graduate or professional degree.
Jobs and commute in Magnolia
- Unemployment rate
- 4.4%State: 5.1%
- Average commute
- 25 minState: 26 min
- Work from home
- 16.1%
- Drive alone
- 80.4%
- Public transit
- 0%
- Walk to work
- 0%
- Homes with broadband
- 94.9%
Magnolia vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Magnolia | 274 | $113,333 | $229,800 | — |
| Rising Sun-Lebanon | 4,163 | $113,529 | $389,900 | $1,755 |
| Dover Base Housing | 2,962 | $82,161 | — | $2,139 |
| Woodside East | 2,274 | $61,142 | $330,700 | — |
| Riverview | 2,596 | $93,162 | $319,900 | — |
| Highland Acres | 3,752 | $102,356 | $306,400 | $1,583 |
| Bowers | 270 | $67,500 | $304,200 | $850 |
| Frederica | 1,062 | $80,924 | $215,100 | $1,203 |
| Kent Acres | 2,388 | $91,524 | $241,600 | $1,574 |
More for people moving to Magnolia
Magnolia ZIP code ›Weather and climate ›Living in Magnolia: FAQ
What is the median household income in Magnolia, DE?
The median household income in Magnolia is $113,333, 33% higher than the Delaware median of $84,954 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Magnolia?
The median home value in Magnolia is $229,800, compared with $352,000 in Delaware.
Is Magnolia, DE a good place to live?
Pluses: median household income 33% higher than the Delaware median; home values 35% lower than the state median; an average commute of 25 minutes; unemployment of 4.4%; a poverty rate of 7.7%.
What is the median age in Magnolia?
The median age in Magnolia is 40 years (Delaware: 41.6).
How long is the commute in Magnolia?
The average commute to work in Magnolia is 25 minutes; 16.1% of workers work from home.
What is the unemployment rate in Magnolia?
The unemployment rate in Magnolia is 4.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Magnolia?
35.7% of adults in Magnolia have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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