Magnolia, DE

Magnolia, DE

At a Glance

How Magnolia Compares to the U.S. Average

Each bar shows Magnolia's value as a percentage of the national average (100% = U.S. avg)

Is Magnolia a Good Place to Live?

Economy & Jobs

Magnolia residents earn a median household income of $116,667 , which is 55% above the national average of $75,149. Per capita income is $32,548. The unemployment rate stands at 5.2% (44% above the U.S. rate of 3.6%). 2.9% of residents live below the poverty line. The area is home to 5,852 business establishments, including 369 restaurants.

Housing & Cost of Living

The median home value in Magnolia is $208,900 , 26% below the national median of $281,900. Zillow estimates the typical home at $409,440. Median rent is $1,313/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 99.8 (100 = national average). The median home was built in 1938.

Safety & Crime

Magnolia reports 0 violent crimes per 100,000 residents , which is 100% below the national average of 380/100K. Property crime is 737/100K.

Education

35.2% of adults in Magnolia hold a bachelor's degree or higher (4% above the national average). 91.6% have completed high school. Local schools score 5.7/10 in standardized testing.

Climate & Weather

Magnolia has an average annual temperature of 54°F (12°C). Winters average 33°F in January while summers reach 76°F in July. The area gets 293 sunny days per year. Annual precipitation totals 43.4 inches. Air quality is rated Good with a median AQI of 41.

Data Overview

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