Economy in Magnolia, Delaware
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| Unemployment Rate | 6.80% | 8.60% |
| Recent Job Growth | 1.97% | 0.35% |
| Future Job Growth | 37.14% | 32.10% |
| Sales Taxes | 0.00% | 5.00% |
| Income Taxes | 5.55% | 4.70% |
| Income per Cap. | $24,560 | $26,154 |
| Household Income | $59,289 | $50,935 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 5.63% | 12.37% |
| Income between 15K and 25K | 11.27% | 10.53% |
| Income between 25K and 35K | 7.04% | 10.88% |
| Income between 35K and 50K | 14.08% | 15.37% |
| Income between 50K and 75K | 29.58% | 20.14% |
| Income between 75K and 100K | 16.90% | 12.41% |
| Income between 100K and 150K | 14.08% | 11.27% |
| Income between 150K and 250K | 2.82% | 5.01% |
| Income between 250K and 500K | 0.00% | 1.86% |
| Income greater than 500K | 0.00% | 0.16% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 11.11% | 14.04% |
| Professional and Related Occupations | 18.89% | 20.61% |
| Service | 17.78% | 14.45% |
| Sales and Office | 21.11% | 26.75% |
| Farming, Fishing, and Forestry | 1.11% | 0.70% |
| Construction, Extraction, and Maintenance | 12.22% | 9.42% |
| Production, Transportation, and Material Moving | 17.78% | 14.05% |
The unemployment rate in Magnolia, DE, is 6.80%, with job growth of 1.97%. Future job growth over the next ten years is predicted to be 37.14%.
Magnolia, DE Taxes
Magnolia, DE,sales tax rate is 0.00%. Income tax is 5.55%.
Magnolia, DE Income and Salaries
The income per capita is $24,560, which includes all adults and children. The median household income is $59,289.
Magnolia Economy SperlingViews
Is this a good place to relocate to?: I am a single middle-aged woman looking to relocate to Delaware from Rural West Virginia. I'm looking for a place to build a small home or buy one that I can affordably... (read more)Getting the Most for My Dollar: I believe Sperling meant to list Magnolia's population as 10,246 --not simply 246. There are more than 246 people on my street alone.
I have no clue as to how our... (read more)Have an opinion about Magnolia? Leave a commentTo See All SperlingViews for Magnolia Click Here
