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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

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