Delaware · Census place 44430
Magnolia town, DE
Quick answer
Magnolia town has 237 residents, ranking #72 of 79 places in Delaware. Median household income is $116,667, the median home is worth $208,900 and median gross rent runs $1,313 a month.
- Population
- 237Magnolia town residents
- Median household income
- $116,667Past 12 months, inflation adjusted
- Median home value
- $208,900Owner-occupied units
- Median gross rent
- $1,313Rent plus utilities, monthly
- Median age
- 53.8 yrsAll residents
- Homeownership rate
- 77.8%Owner-occupied households
What the numbers mean in Magnolia town
Housing cost measured against local earnings.
A household earning the Magnolia town median would spend about 13.5% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 11.5% of residents and 77.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Delaware.
- Woodside town 309
- Bowers town 273
- Ardentown village 269
- Little Creek town 231
- Farmington town 218
- Henlopen Acres town 191
- Ardencroft village 187
Keep going
More Delaware coverage.