Magnolia, DE Profile: Facts & Data

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Magnolia, Delaware - Basic Facts

The Town of Magnolia had a population of 287 as of July 1, 2024.

The primary coordinate point for Magnolia is located at latitude 39.0712 and longitude -75.476 in Kent County. The formal boundaries for the Town of Magnolia encompass a land area of 0.12 sq. miles and a water area of 0 sq. miles. Kent County is in the Eastern time zone (GMT -5).

The Town of Magnolia has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.

Delaware is one of 20 states where Census County Divisions (CCDs) are used for statistical tracking of subdivisions within each county. The Town of Magnolia is located within Central Kent Division of Kent County.


Jump to... (On This Page!)
  1. Magnolia 2024 Demographic Data
  2. Growth Rates for Magnolia (Historical & 5-Year Forecast)
  3. Peer Comparisons (Rank and Percentile)
  1. Neighborhoods Demographics (Home Values, Household Income, etc.)
  2. Delaware Research Tools (Easy Tools & Current Data)
  3. Delaware Data Comparison Tool - 2024 Demographics
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Magnolia, DE Data & Demographics (As of July 1, 2024)

POPULATION

Total Population 287 (100%)
Population in Households 287 (100.0%)
Population in Families 249 (86.8%)
Population in Group Quarters1 0
Population Density 1,467
Diversity Index2 56
 
 

INCOME

Median Household Income $101,920
Average Household Income $95,757
% of Income for Mortgage4 23%
Per Capita Income $34,032
Wealth Index5 70
Socioeconomic Status Index6 Moderate (60.1)
 

HOUSING

Total HU (Housing Units) 110 (100%)
Owner Occupied HU 87 (79.1%)
Renter Occupied HU 15 (13.6%)
Vacant Housing Units 8 ( 7.3%)
Median Home Value $369,118
Average Home Value $386,494
Housing Affordability Index3 115
 

HOUSEHOLDS

Total Households 102
Average Household Size 2.81
Family Households 80
Average Family Size 3.00
NOTES
  1. Group Quarters - a place where people live or stay in a group living arrangement. Includes college residents halls, nursing facilities, military barracks, and correctional facilities.
  2. The Diversity Index is a scale of 0 to 100 that represents the likelihood that two persons, chosen at random from the same area, belong to different races or ethnic groups. If an area's entire population belongs to one race AND one ethnic group, then the area has zero diversity. An area's diversity index increases to 100 when the population is evenly divided into two or more race/ethnic groups.
  3. The Housing Affordability Index base is 100 and represents a balance point where a resident with a median household income can normally qualify to purchase a median price home. Values above 100 indicate increased affordability, while values below 100 indicate decreased affordability.
  4. The % of Income for Mortgage quantifies the percentage of median household income dedicated to mortgage payments on a home priced at the median value (assuming a 30-year mortgage and a 20% down payment).
  5. The Wealth Index is based on a number of indicators of affluence including average household income and average net worth, but it also includes the value of material possessions and resources. It represents the wealth of the area relative to the national level. Values above or below 100 represent above-average wealth or below-average wealth compared to the national level.
  6. The Socioeconomic Index ranges from zero (lowest relative status) to 100 (highest relative status). This measure quantifies disparities in social position of an area's inhabitants and is built from a broad range of demographic, housing, and socioeconomic inputs. More information on this measure can be found in Esri's SEI tutorial.

GROWTH RATE / YEAR

2020-2024 2024-2029
Population 0.84% -0.78%
Households 0.47% -0.40%
Families   -0.25%
Median Household Income   1.52%
Per Capita Income   3.23%
Owner Occupied HU   0.00%

Magnolia, DE - Peer Comparisons by Rank and Percentile

The table below compares Magnolia to the other 79 incorporated cities, towns and CDPs in Delaware by rank and percentile using July 1, 2024 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.

Variable Description Rank Percentile
Total Population # 66 18th
Population Density # 35 57th
Median Household Income # 26 68th
Housing Affordability Index # 62 78th
Per Capita Income # 59 27th
Diversity Index # 46 43rd

Additional comparisons and rankings can be made with a VERY EASY TO USE Delaware Census Data Comparison Tool.

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