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Magnolia, DE
Full City Profile · Delaware · Kent County County
4.0
/5.0
A
Great
237
Population
1,185/sq mi density
$116,667
Median Income
$32,548 per capita
$208,900
Home Value
$409,440 Zillow
$1,313
Median Rent
51.0% income on rent
54°F
Avg Temperature
293 sunny days/yr
A
Overall
4.0 / 5.0
Strong
A+
Economy
4.5 / 5.0
$116,667 median income, 5.2% unemployment
A+
Affordability
5.0 / 5.0
$208,900 home value, $1,313/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B+
Education
3.8 / 5.0
35.2% bachelor's degree or higher
Housing Overview
Median Home Value
$208,900
26% below
US avg: $281,900
Median Rent
$1,313/mo
13% above
US avg: $1,163/mo
Homeownership Rate
77.8%
19% above US avg (65.4%)
Total Housing Units
111
Median year built: 1938
Home Value by Source
Census Median
$208,900
Zillow (ZHVI)
$409,440
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
77.8%
Owner-Occupied
22.2%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$1,205/mo
1 Bedroom
$1,250/mo
2 Bedroom
$1,560/mo
3 Bedroom
$1,990/mo
4 Bedroom
$2,293/mo
Census median rent:
$1,313/mo
Affordability & Housing Stock
Rent Burden
51.0%
of renters spending 30%+ of income on housing
65% above US avg (31.0%)
Median Year Built
1938
Average age of housing stock: 88 years
Homeownership Rate
77.8%
Complete Housing Data
Home Values
| Census Median Value | $208,900 |
| Zillow Home Value (ZHVI) | $409,440 |
Rent
| Census Median Rent | $1,313 |
| FMR Studio | $1,205 |
| FMR 1-Bedroom | $1,250 |
| FMR 2-Bedroom | $1,560 |
| FMR 3-Bedroom | $1,990 |
| FMR 4-Bedroom | $2,293 |
Market
Ownership & Stock
| Owner-Occupied | 77.8% |
| Renter-Occupied | 22.2% |
| Homeownership Rate | 77.8% |
| Total Housing Units | 111 |
| Median Year Built | 1938 |
| Rent Burden | 51.0% |