19950 ZIP Code Demographics & Rankings

ZIP Code Type: STANDARD
County: Sussex County
Centroid: Latitude 38.808, Longitude -75.591
Time Zone: Eastern Time Zone (UTC -5 hours)
Observes DST: Yes

ZIP Code 19950 has segments in 2 Counties (Kent, Sussex).

Businesses Addresses: 154
PO Box Addresses: 256
Residential Addresses: 2,594

Multi-Family Addresses: 0
Single Family Addresses: 2,594

The ZIP Code maps and database are updated 4 times per year.
Database updated: July 1, 2020, Maps updated: May 1, 2020.

Greenwood, DE 19950 Data & Demographics (As of July 1, 2020)

POPULATION
Total Population	7,965 (100%)
Population in Households	7,915 (99.4%)
Population in Families	6,663 (83.7%)
Population in Group Quarters¹	50 ( 0.6%)
Population Density	102
Diversity Index²	40


INCOME
Median Household Income	$53,512
Average Household Income	$69,359
% of Income for Mortgage⁴	17%
Per Capita Income	$25,949
Wealth Index⁵	70

HOUSING
Total HU (Housing Units)	3,235 (100%)
Owner Occupied HU	2,313 (71.5%)
Renter Occupied HU	666 (20.6%)
Vacant Housing Units	256 ( 7.9%)
Median Home Value	$217,197
Average Home Value	$248,908
Housing Affordability Index³	161

HOUSEHOLDS
Total Households	2,979
Average Household Size	2.66
Family Households	2,174
Average Family Size	3

NOTES

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.
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.
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.
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).
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.

Greenwood, DE 19950 - Peer Comparisons by Rank and Percentile

The table below compares 19950 to the other 66 ZIP Codes in Delaware by rank and percentile using July 1, 2020 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.

GROWTH RATE / YEAR	2010-2020	2020-2025
Population	1.38%	1.42%
Households	1.49%	1.46%
Families	1.37%	1.38%
Median Household Income		1.17%
Per Capita Income		2.07%
Owner Occupied HU		1.55%

Variable Description	Rank	Percentile
Total Population	# 39	42nd
Population Density	# 65	3rd
Median Household Income	# 54	20th
Housing Affordability Index	# 37	56th
Per Capita Income	# 51	24th
Diversity Index	# 48	29th

Greenwood, DE 19950 ZIP Code Profile

ZIP Code 19950: Basic Data & USPS Preferred City Name

Greenwood, DE 19950 Data & Demographics (As of July 1, 2020)

POPULATION

INCOME

HOUSING

HOUSEHOLDS

GROWTH RATE / YEAR

Greenwood, DE 19950 - Peer Comparisons by Rank and Percentile

Popular Places Near ZIP Code 19950

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