Economy in Magnolia, Delaware
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Economy
| Unemployment Rate | 8.20% | 9.10% |
| Recent Job Growth | -0.43% | -0.12% |
| Future Job Growth | 30.94% | 31.25% |
| Sales Taxes | 0.00% | 6.80% |
| Income Taxes | 5.95% | 6.25% |
| Income per Cap. | $22,846 | $27,067 |
| Household Income | $63,651 | $52,954 |
| ESTIMATED HOUSEHOLDS BY HOUSEHOLD INCOME | | |
| Income Less Than 15K | 3.88% | 12.10% |
| Income between 15K and 25K | 12.62% | 10.18% |
| Income between 25K and 35K | 5.83% | 10.56% |
| Income between 35K and 50K | 12.62% | 14.98% |
| Income between 50K and 75K | 28.16% | 19.53% |
| Income between 75K and 100K | 19.42% | 12.52% |
| Income between 100K and 150K | 14.56% | 12.14% |
| Income between 150K and 250K | 2.91% | 3.91% |
| Income between 250K and 500K | 0.00% | 3.34% |
| Income greater than 500K | 0.00% | 0.75% |
| POPULATION BY OCCUPATION | | |
| Management, Business, and Financial Operations | 10.56% | 13.81% |
| Professional and Related Occupations | 27.46% | 22.68% |
| Service | 14.79% | 14.51% |
| Sales and Office | 21.83% | 25.22% |
| Farming, Fishing, and Forestry | 0.00% | 0.68% |
| Construction, Extraction, and Maintenance | 11.27% | 9.37% |
| Production, Transportation, and Material Moving | 22.54% | 15.86% |
The unemployment rate in Magnolia, DE, is 8.20%, with job growth of -0.43%. Future job growth over the next ten years is predicted to be 30.94%.
Magnolia, DE Taxes
Magnolia, DE,sales tax rate is 0.00%. Income tax is 5.95%.
Magnolia, DE Income and Salaries
The income per capita is $22,846, which includes all adults and children. The median household income is $63,651.
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
