Living in Townsend, Delaware

Cost of living, income, home prices, rent and demographics of Townsend · Census data 2020–2024

Townsend has 2,832 residents with a median age of 36.5. The median household income is $153,000 (80% higher than the Delaware median), the median home value is $465,100, the median rent is $1,193/month.

Townsend at a glance

Population
2,832
Median age
36.5State: 41.6
Median household income
$153,000State: $84,954
Median home value
$465,100State: $352,000
Median rent
$1,193/moState: $1,401
Homeowners
93.5%
Bachelor's degree or higher
41.5%
Average commute
35 min

Is Townsend a good place to live?

Pros: Median household income 80% higher than the Delaware median; unemployment of 3.7%; a poverty rate of 2.4%.

Cons: Home values 32% higher than the state median; an average commute of 35 minutes.

The weather is best in May–June and September–October.

Cost of living in Townsend

Housing is the biggest part of the cost of living. In Townsend the median home value is $465,100, 40% higher than the U.S. median. Renters pay a median of $1,193 per month, which is 14.4% of household income. Homeowners with a mortgage pay $2,595 a month in housing costs.

Median home value

Townsend$465,100
Delaware$352,000
United States$332,700

Median monthly rent

Townsend$1,193
Delaware$1,401
United States$1,413

Townsend median household income

The median household income in Townsend is $153,000 and the income per person is $48,088. 2.4% of residents live below the poverty line (Delaware: 10.4%).

Median household income

Townsend$153,000
Delaware$84,954
United States$80,734

Housing in Townsend: homes for sale and rent

Housing units
806
Owner-occupied
93.5%
Renter-occupied
6.5%
Vacant
1.5%Includes seasonal homes
Median year built
2006
Average household size
3.56

Townsend demographics

Population
2,832
Median age
36.5
Under 18
29.4%
65 and older
6.1%
Households
794
Foreign-born
9.4%
Veterans
9.6%Adults 18+

Race and ethnicity

White43.3%
Hispanic or Latino4.7%
Black39.2%
Asian3.3%

Hispanic or Latino can be of any race. Population history of Townsend ›

Education in Townsend

41.5% of adults 25 and older in Townsend have a bachelor's degree or higher (Delaware: 35.8%), and 17.3% have a graduate or professional degree.

Bachelor's degree or higher

Townsend41.5%
Delaware35.8%
United States35.7%

Jobs and commute in Townsend

Unemployment rate
3.7%State: 5.1%
Average commute
35 minState: 26 min
Work from home
26.4%
Drive alone
59.6%
Public transit
1.1%
Walk to work
0%
Homes with broadband
98.2%

Townsend vs nearby towns

TownPopulationMedian incomeHome valueRent
Townsend2,832$153,000$465,100$1,193
Middletown24,661$112,831$409,600$1,583
Odessa409$123,750$348,400—
Smyrna13,165$67,048$291,400$1,534
Cecilton820$87,813$241,800$1,149
Clayton4,222$107,307$361,300$1,621
Port Penn592$72,009$383,900—
Chesapeake City810$84,583$344,100$1,170
Galena728$88,958$281,000$863

More for people moving to Townsend

Townsend ZIP code ›Weather and climate ›

Living in Townsend: FAQ

What is the median household income in Townsend, DE?

The median household income in Townsend is $153,000, 80% 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 Townsend?

The median home value in Townsend is $465,100, compared with $352,000 in Delaware.

How much is rent in Townsend?

The median gross rent in Townsend is $1,193 per month, about 14.4% of household income.

Is Townsend, DE a good place to live?

Pluses: median household income 80% higher than the Delaware median; unemployment of 3.7%; a poverty rate of 2.4%. Minuses: home values 32% higher than the state median; an average commute of 35 minutes.

What is the median age in Townsend?

The median age in Townsend is 36.5 years (Delaware: 41.6).

How long is the commute in Townsend?

The average commute to work in Townsend is 35 minutes; 26.4% of workers work from home.

What is the unemployment rate in Townsend?

The unemployment rate in Townsend is 3.7% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).

How educated is Townsend?

41.5% of adults in Townsend 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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