Fenwick Island, Delaware Median Income

Fenwick Island, Delaware has a population of 400, with a median household income of $145,632.

Current median income data for Fenwick Island.

$145,632

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Population

400

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Median Income

$145,632

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Unemployment

3.10%

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Housing Price

$945,231

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Crime Rate

1.70

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Internet Speed

210.00 Mbps

Fenwick Island is a small local community located in Delaware. The city has a population that is below the average city population in Delaware, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Situated in Delaware, Fenwick Island provides insight into regional population trends, income levels, and housing conditions.

Population Overview

Fenwick Island has a population of 400, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Fenwick Island is $145,632, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Fenwick Island average around $945,231, which is relatively high compared to other cities in Delaware.

Employment and Safety

The unemployment rate in Fenwick Island is 3.10%, which is lower than the state average, indicating a relatively strong job market. Fenwick Island has a lower crime rate than the state average, contributing to a relatively safer living environment.

City Comparison

Compared to other cities in Delaware, Fenwick Island shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Delaware, Fenwick Island contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Fenwick Island

What is the population of Fenwick Island?

The population of Fenwick Island is approximately 400.

Is Fenwick Island a good place to live?

Fenwick Island offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Fenwick Island?

The median household income in Fenwick Island is around $145,632.

How expensive is housing in Fenwick Island?

The average housing price in Fenwick Island is approximately $945,231.