Magnolia, DE 19962 has a population of approximately 11,466 and experiences a population change rate of 105.30%. The population density is 793.2 / sq mi .
Magnolia, DE 19962 has a population of approximately 11,466 and experiences a population change rate of 105.30%. The population density is 793.2 / sq mi .
The median household income for Magnolia, DE 19962 is $88,750, with 4,142 households and an average household size of 2.82.
The median value of a home in Magnolia, DE 19962 is $370,000 with an appreciation rate of 17.30%. 85.18% of housing in the state is owned while 8.98% is rented.
The cost of living in Magnolia, DE 19962 is 113.9 %.
The unemployment rate in Magnolia, DE 19962 is 4.50%, and recent job growth is at 1.98%. Future job growth is projected at 34.99%.
The sales tax rate in Magnolia, DE 19962 is 0.00%, while the income tax rate is 6.60% .
School expenditures in Magnolia, DE 19962 are $16,576, and the school ratio is 14.4:1.
The average high temperature in July is 86.5 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 46 inches per year, with 13.3 inches of snow per year.