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2024 Compare Cities Economy:
Magnolia, DE vs Morristown, NJ

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Highlights
- Household income in Morristown, is 80% more than it is in Magnolia and is 39% above the National Average.
- Magnolia unemployment rate is 7.5%.
- Morristown unemployment rate is 6.2%.

Economy
 Magnolia, DEMorristown, NJUnited States
 Unemployment Rate7.5%6.2%6.0%
 Recent Job Growth2.6%-0.7%1.6%
 Future Job Growth33.7%23.5%33.5%
 Sales Taxes0.0%6.6%6.2%
 Income Taxes5.6%5.5%4.6%
 Income per Cap.$24,529$62,895$37,638
 Household Income$62,500$112,570$69,021
 Family Median Income$107,566$123,795$85,028
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 Est. Households By Income
 Magnolia, DEMorristown, NJUnited States
 Income Less Than 15K21.1%8.4%9.4%
 Income between 15K and 20K2.6%2.3%3.8%
 Income between 20K and 30K7.0%2.6%8.1%
 Income between 30K and 40K4.4%4.0%8.0%
 Income between 40K and 50K4.4%2.2%7.6%
 Income between 50K and 60K0.0%5.6%7.2%
 Income between 60K and 75K13.2%6.5%9.6%
 Income between 75K and 100K7.0%14.1%12.8%
 Income between 100K and 150K31.6%17.3%16.3%
 Income between 150K and 200K8.8%15.6%7.8%
 Income greater than 200K0.0%21.3%9.5%
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 Population By Occupation
 Magnolia, DEMorristown, NJUnited States
 Management, business, finance6.1%29.8%16.4%
 Engineering, computers, science0.0%9.4%6.5%
 Community, social services14.3%0.5%1.8%
 Legal0.0%1.2%1.2%
 Education, library14.3%6.6%6.2%
 Arts, design, media, sports, entertainment0.0%2.2%2.0%
 Healthcare practitioners and technology1.4%6.9%6.2%
 Healthcare support2.0%2.5%3.3%
 Firefighters, law enforcement0.0%0.7%2.1%
 Food preparation, serving2.7%3.7%5.4%
 Building maintenance2.0%6.4%3.6%
 Personal care0.0%1.4%2.6%
 Sales, office, administrative support44.9%16.6%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.4%4.6%8.1%
 Production, transportation, material moving8.8%7.5%13.1%

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Reviews for Magnolia    2 Reviews

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  More

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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  More

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Reviews for Morristown    3 Reviews

Over 10 years ago

Morristown has great stores and restaurants. We love the easy access to NYC (50 minute train ride). Cost of living is pretty high (due to taxes) and the weather can be  More

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Hello all, I am new here was asked to comment on my area of the planet where I have lived for the last 12 years. Morristown is the county seat of Morris County. The  More

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Over 16 years ago

Morristown has a great variety of opportunities in many ways. A close 50 minute commute to Manhattan, it is very metropolitan while also has the best of suburban and  More

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