Townsend, DE
Population 2,792 · Delaware
About Townsend, DE
Townsend is a small town located in Delaware with a population of 2,792 residents according to the latest US Census Bureau American Community Survey data. The median household income is $153,083 per year, which is 104% above the national median of $75,149. The median age of 36.2 years is close to the US median age of 38.9 years.
Housing Market Overview
The housing market in Townsend features a median home value of $433,400, which is 77% above the national median of $244,900. This places Townsend in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,208, 4% above the national average of $1,163/month. Of the 797 total housing units, 93% are owner-occupied (721 units) and 7% are renter-occupied (52 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Townsend shows an unemployment rate of 2.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 1.9%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Townsend have an average one-way commute time of 33.3 minutes.
Education & Demographics
42.7% of Townsend residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 0.6% White, 0.4% Hispanic or Latino, 2.6% Black or African American, and 1.1% Asian residents, with 9.3% of the population being foreign-born.
How Townsend Ranks in Delaware
Cost of Living in Townsend, DE
Compared to national averages, Townsend has a median household income of $153,083 (104% above the national median of $75,149). Home values average $433,400, which is 77% above the national median. Monthly rent at $1,208 is 4% above the US average of $1,163. Within Delaware, Townsend's income is 78% above the state average of $85,962, and home values are 12% above the state median of $387,860.
Why Live in Townsend, DE?
Townsend offers a strong local economy with a median household income of $153,083, well above the national average, and a strong job market with an unemployment rate of just 2.6%, and a well-educated community where 42.7% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 1.9%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $433,400. However, Townsend’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Townsend has a population of 2,792 with a median age of 36.2 years. Compare Townsend with other cities to see how it stacks up, or explore all cities in Delaware.
Similar Cities Near Townsend
Cities in Delaware with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Ocean View | 2,760 | $88,021 | $483,600 | Compare |
| Bridgeville | 2,661 | $69,631 | $397,400 | Compare |
| Selbyville | 3,005 | $81,845 | $410,700 | Compare |
| Dover Base Housing | 3,026 | $71,181 | $0 | Compare |
| Kent Acres | 2,540 | $71,848 | $213,400 | Compare |
| Greenville | 3,100 | $139,541 | $1,003,100 | Compare |
| Riverview | 2,412 | $85,833 | $287,700 | Compare |
| Delmar | 2,386 | $61,344 | $222,700 | 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 Townsend With Other Cities
Frequently Asked Questions about Townsend
What is the population of Townsend, DE?
The population of Townsend, DE is 2,792 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Delaware.
What is the median household income in Townsend?
The median household income in Townsend, DE is $153,083 per year, which is 104% above the national median of $75,149.
What is the median home value in Townsend?
The median home value in Townsend, DE is $433,400, which is 77% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Townsend?
The median monthly rent in Townsend, DE is $1,208, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Townsend?
The unemployment rate in Townsend, DE is 2.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Townsend, DE a good place to live?
Townsend offers above-average incomes, a competitive housing market, and a strong job market. With a population of 2,792 and a median age of 36.2, the city appeals to a broad range of residents.
How educated is Townsend, DE?
42.7% of residents in Townsend 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 Townsend?
Key cost-of-living indicators for Townsend, DE: median home value is $433,400 (77% above national), median rent is $1,208/month, and median household income is $153,083. The home-value-to-income ratio is 2.8x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Townsend?
The poverty rate in Townsend, DE is 1.9%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Townsend, DE?
Townsend's population is 0.6% White, 0.4% Hispanic or Latino, 2.6% Black or African American, 1.1% Asian, and 43.0% two or more races. 9.3% of residents are foreign-born.