Latest available · Census ACS 5-Year (2023)
What Is the Average Rent in Magnolia town, Delaware?
City · Census ACS 5-Year estimates
The median gross rent in Magnolia town, Delaware is $1,313/month (±$1,189), based on Census ACS 5-Year estimates (2023). The median home value is $208,900 (±$40,212), and the median household income is $116,667/year. The unemployment rate in Kent County, Delaware was 5.2% as of April 2026 (preliminary). Source: U.S. Census Bureau, American Community Survey, 2023 5-Year Estimates.
Housing Metrics for Magnolia town, Delaware
| Metric | Value |
|---|---|
| Median Gross Rent | $1,313 |
| Median Home Value | $208,900 |
| Median Household Income | $116,667 |
| Total Housing Units | 90 |
| Renter-Occupied Units | 20 |
| Renter-Occupied Share | 22% |
| Households Paying 50%+ Income | 16 households |
| Unemployment Rate(April 2026) | 5.2% |
How does Magnolia town, Delaware compare?
Median gross rent ranked against all cities in Delaware.
Higher rent than 49% of cities in Delaware · 34th of 65
| # | City | Value |
|---|---|---|
| 1 | Hockessin CDP | $2,980 |
| 2 | Pike Creek CDP | $2,294 |
| 3 | Dover Base Housing CDP | $1,953 |
| … 30 more … | ||
| 34 | Magnolia town(you are here) | $1,313 |
| … 28 more … | ||
| 63 | Long Neck CDP | $872 |
| 64 | Cheswold town | $860 |
| 65 | Blades town | $839 |
More data for Magnolia town, Delaware
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Frequently asked questions
What is the average rent in Magnolia town, Delaware?
The median gross rent in Magnolia town, Delaware is $1,313/month, based on Census ACS 5-Year estimates (2023). Gross rent includes contract rent plus utilities. Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2023.
What is the average rent for a 2-bedroom in Magnolia town, Delaware?
The median rent for a 2-bedroom in Magnolia town, Delaware is not available based on Census ACS 5-Year estimates (2023). Source: U.S. Census Bureau, American Community Survey 5-Year Estimates, 2023.
What is the median home value in Magnolia town, Delaware?
The median home value in Magnolia town, Delaware is $208,900 according to Census ACS 5-Year estimates (2023).
What percentage of renters in Magnolia town are rent-burdened?
In Magnolia town, Delaware, 16 households pay 50% or more of their income for rent. A household is considered rent-burdened when it spends more than 30% of income on housing costs.
What is the median household income in Magnolia town, Delaware?
The median household income in Magnolia town, Delaware is $116,667/year according to Census ACS 5-Year estimates (2023).
How reliable is Census ACS data for small areas?
The ACS 5-Year estimates combine 60 months of data for more reliable figures in smaller geographies. Each estimate has a margin of error (MOE). For example, the median rent of $1,313 has a margin of error of ±$1,189. In very small areas, MOEs can be large relative to the estimate.
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