Interested in purchasing investment houses in the 19962 zip code in Magnolia, DE?
The zip code 19962 is in Kent county with a latitude of -75.497450000000 and longitude of 39.070160000000, is in the state of Delaware. The average asking price of houses and condos is $224,026.00 and the average sale price was $149,917.00. this regions is classified as the Philadelphia metro area and is in the 302 area code. The location in degrees is 39° 4' 12.576" N, 75° 29' 50.82" W. The county F.I.P.S. is 10001. This zip code contains three cities including Rising Sun-Lebanon, DE (9.76%), Woodside East, DE (9.06%), and Magnolia, DE (0.82%) The total land area is 14.5 square miles and the water area is 0.0 square miles. The elevation in this area is 0 - 20 feet. The zip code is on eastern standard time and observes daylight savings time.
The zip 19962 is in county number 001 and is L. Sector 00, L. Segment 01, H. Sector 49, and H. Segment 49. The population was 11,837 in 2019 and 10,206 in 2010. Of this, the break down in 2019 was 9,664 urban and 2,172 rural. This further breaks down to 5,668 males (47.9%) and 6,169 females (52.1%). The median age of residents is 39.3 years. The population of the greater Dover, DE area is 161,048. The population density (people per square mile) is 816. This zip code has a combined total of 4,568 houses and condos. There are 893 rented appartments. 21% of residents rent versus the 21% of residents in the state who rent.
The financial status of those living in this area is considered middle class. The average individual gross adjusted income is $52,113 and the average salary is $46,110. The median household income of individuals is $51,630.00 and the average is $60,990.00. This zip code has a mean commute time to work of 30.4 minutes. The unemployment rate is 5.3%. Income earners by percent breakdown as 47.80% (Under $50,000), 37.50% ($50,000-$100,000), and 14.70% earn over $100,000. 7.0% of residents live below poverty line versus the 11.3% in the state that are below this line. The cost of living index is 91.0. The educational breakdown is 89.1% have a high school education or higher, 29.4% have a bachelor's degree or higher, and 14.5% have some kind of profesional degree.
This area has 3,503 households and the average size is 2.8 people. Individuals who are single and have never been married are 28.9%, 54.5% are now married, 2.1% are separated, 5.5% are widowed, and 9.0% are divorced. The average yearly contribution amount given by people to charity was $2,995 versus the state average of $3,791. The percent of residents who gave to charity was 28.2%.
The estimated median value of houses and condos is $282,408. The median monthly owner costs of mortgage holders was $1,582, where as the costs for those who don't have a mortgage are $375. The median number of rooms in houses and condos are 6.9 versus apartments which had a median number of 5.2.
The real estate tax percent rate is 0.4% which equated to an average real estate tax amount payment of $1,216. In comparision, the average real estate tax percent rate in the state is 0.6% which equated to an average real estate tax amount payment in the state of $1,470. The median housing property tax percent for residents with mortgages was 0.5% which amounted to an average tax amount of $1,375. Conversely, the median housing property tax percent for residents who don't have mortgages was 0.4% which amounted to an average tax amount of $878. Reported taxable interest for persons was $766, dividends $1,746, capital gains +$1,378, and itemized deductions $19,414. The average earned income tax credit is $2,398. The percent of individuals that use a tax preparer is 42.9%. The total average income taxes paid by individuals was $5,270. Businesses reported an average profit of $7,558.
Magnolia Restaurant
3 S Main St, Magnolia, DE 19962
Jade Garden
56 W Birdie Ln Ste 8, Magnolia, DE 19962
La Ortolana Pizza & Ristorante
56 West Birdie Lane, Suite #11,, Magnolia, DE 19962
Arby's
6928 South Dupont Hwy, Woodside, DE 19980 (3.4 miles away)
Vitale's Coffee & Ice Cream
Building # 266, Dover Afb, DE 19902 (3.9 miles away)
JP's Wharf
201 Hubbard Ave, Frederica, DE 19946 (4 miles away)