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2024 Compare Cities Economy:
Magnolia, DE vs New Castle, DE

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Highlights
- Household income in New Castle, is 34% more than it is in Magnolia and is 17% above the National Average.
- Magnolia unemployment rate is 7.5%.
- New Castle unemployment rate is 6.5%.

Economy
 Magnolia, DENew Castle, DEUnited States
 Unemployment Rate7.5%6.5%6.0%
 Recent Job Growth2.6%2.7%1.6%
 Future Job Growth33.7%32.9%33.5%
 Sales Taxes0.0%0.0%6.2%
 Income Taxes5.6%5.6%4.6%
 Income per Cap.$24,529$48,434$37,638
 Household Income$62,500$83,651$69,021
 Family Median Income$107,566$100,466$85,028
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 Est. Households By Income
 Magnolia, DENew Castle, DEUnited States
 Income Less Than 15K21.1%4.8%9.4%
 Income between 15K and 20K2.6%1.4%3.8%
 Income between 20K and 30K7.0%4.4%8.1%
 Income between 30K and 40K4.4%8.0%8.0%
 Income between 40K and 50K4.4%8.0%7.6%
 Income between 50K and 60K0.0%8.1%7.2%
 Income between 60K and 75K13.2%10.3%9.6%
 Income between 75K and 100K7.0%16.7%12.8%
 Income between 100K and 150K31.6%23.9%16.3%
 Income between 150K and 200K8.8%6.7%7.8%
 Income greater than 200K0.0%7.6%9.5%
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 Population By Occupation
 Magnolia, DENew Castle, DEUnited States
 Management, business, finance6.1%17.0%16.4%
 Engineering, computers, science0.0%6.9%6.5%
 Community, social services14.3%7.4%1.8%
 Legal0.0%0.5%1.2%
 Education, library14.3%8.8%6.2%
 Arts, design, media, sports, entertainment0.0%1.4%2.0%
 Healthcare practitioners and technology1.4%5.1%6.2%
 Healthcare support2.0%3.2%3.3%
 Firefighters, law enforcement0.0%2.3%2.1%
 Food preparation, serving2.7%3.0%5.4%
 Building maintenance2.0%3.7%3.6%
 Personal care0.0%1.0%2.6%
 Sales, office, administrative support44.9%23.1%20.9%
 Farming, fishing, forestry0.0%0.0%0.6%
 Construction, extraction, maintenance/repair3.4%6.8%8.1%
 Production, transportation, material moving8.8%9.8%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 New Castle    0 Reviews

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