Fenwick Island, DE
Population 383 · Delaware
About Fenwick Island, DE
Fenwick Island is a small community located in Delaware with a population of 383 residents according to the latest US Census Bureau American Community Survey data. The median household income is $120,625 per year, which is 61% above the national median of $75,149. The median age of 68.6 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Fenwick Island features a median home value of $1,337,500, which is 446% above the national median of $244,900. This places Fenwick Island in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $0, 100% below the national average of $1,163/month. Of the 740 total housing units, 97% are owner-occupied (197 units) and 3% are renter-occupied (7 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Fenwick Island shows an unemployment rate of 0.0%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Fenwick Island have an average one-way commute time of 24.4 minutes.
Education & Demographics
57.6% of Fenwick Island residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, and 1.0% Asian residents, with 0.5% of the population being foreign-born.
How Fenwick Island Ranks in Delaware
Cost of Living in Fenwick Island, DE
Compared to national averages, Fenwick Island has a median household income of $120,625 (61% above the national median of $75,149). Home values average $1,337,500, which is 446% above the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Delaware, Fenwick Island's income is 40% above the state average of $85,962, and home values are 245% above the state median of $387,860.
Why Live in Fenwick Island, DE?
Fenwick Island offers a strong local economy with a median household income of $120,625, well above the national average, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 0.0%. Additionally, the city features a well-educated community where 57.6% of residents hold a bachelor’s degree or higher, and a low poverty rate of 1.3%, better than the national average, and short commute times averaging just 24.4 minutes.
Potential considerations include a competitive housing market where the typical home costs $1,337,500. However, Fenwick Island’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Fenwick Island has a population of 383 with a median age of 68.6 years. Compare Fenwick Island with other cities to see how it stacks up, or explore all cities in Delaware.
Similar Cities Near Fenwick Island
Cities in Delaware with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Odessa | 392 | $86,875 | $355,000 | Compare |
| Kenton | 362 | $52,589 | $219,500 | Compare |
| Bethel | 431 | $91,111 | $276,300 | Compare |
| Slaughter Beach | 431 | $96,500 | $770,800 | Compare |
| Dewey Beach | 328 | $107,917 | $871,400 | Compare |
| Houston | 456 | $100,208 | $265,600 | Compare |
| Woodside | 309 | $77,176 | $259,100 | Compare |
| Port Penn | 477 | $95,287 | $388,500 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Delaware
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Fenwick Island With Other Cities
Frequently Asked Questions about Fenwick Island
What is the population of Fenwick Island, DE?
The population of Fenwick Island, DE is 383 according to the latest US Census Bureau American Community Survey estimates. This makes it a small community in Delaware.
What is the median household income in Fenwick Island?
The median household income in Fenwick Island, DE is $120,625 per year, which is 61% above the national median of $75,149.
What is the median home value in Fenwick Island?
The median home value in Fenwick Island, DE is $1,337,500, which is 446% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Fenwick Island?
The median monthly rent in Fenwick Island, DE is $0, which is 100% below the national average of $1,163/month.
What is the unemployment rate in Fenwick Island?
The unemployment rate in Fenwick Island, DE is 0.0%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Fenwick Island, DE a good place to live?
Fenwick Island offers above-average incomes, a competitive housing market, and a strong job market. With a population of 383 and a median age of 68.6, the city appeals to established professionals and retirees.
How educated is Fenwick Island, DE?
57.6% of residents in Fenwick Island aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Fenwick Island?
Key cost-of-living indicators for Fenwick Island, DE: median home value is $1,337,500 (446% above national), median rent is $0/month, and median household income is $120,625. The home-value-to-income ratio is 11.1x, which suggests housing may be stretched relative to local earnings.
What is the poverty rate in Fenwick Island?
The poverty rate in Fenwick Island, DE is 1.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Fenwick Island, DE?
Fenwick Island's population is 0.0% White, 0.3% Hispanic or Latino, 0.0% Black or African American, 1.0% Asian, and 0.0% two or more races. 0.5% of residents are foreign-born.