Zip Code

19962

City

Magnolia, DE

Population & Migration

What is the forecasted population for Zip code 19962 Magnolia, DE?

Population census 2020
11,448
Forecasted population 2025
13,387
16.9% vs. 2020
Forecasted population 2030
13,527
18.2% vs. 2020

Zip code 19962 Magnolia, DE population is forecasted to grow 16.9% by 2025 (12.2 points above the 4.7% national average).

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Housing and Affordability

With a forecasted population of 13,387 people for 2025 zip code 19962 Magnolia, DE will generate a good demand for housing, which is expected to have a deficit of 804 houses for 2030. Vacancy rate is 5.7 points below national US average.

Total homes available 2020
4,432
Estimated total home demand in 2030
5,236
Total homes balance inventory
804

Average Household Income in zip code 19962 Magnolia, DE
from Internal Revenue Service

Average household income in 2021
$96,397

Affordability

Affordability Index
3

Affordability indicates the ability of potential homebuyers to afford a home measured in number of years needed to pay a house. Example: Home Price 500,000 / Household Income 100,000 = 5 Years = Index 5

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Drinking water violations

How is the quality of drinking water in Zip code 19962 Magnolia, DE?

County total number of drinking water violations

82

-66%

244

County total number of drinking water contaminations

8

-67%

24

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