Living in Townsend, DE

What's it like Living in Townsend?

Townsend is a small-sized city located in the state of Delaware. The city has a population of 2,546 inhabitants. Townsend is mostly populated by White (45%) and Black or African American (39%) ethnic groups. Long, unnecessary commutes can be both frustrating and inconvenient when heading to work. Nationwide, the average one-way commute time takes 26 minutes, but regrettably, residing in Townsend entails a longer-than-average one-way commute time, averaging 35 minutes.

Whether you’re moving to a new area to be closer to family, friends or for a new job, living in Townsend could be a positive experience compared to other cities in Delaware if you know where to look. Don't forget to determine what matters most to you in a neighborhood. Consider factors such as safety, proximity to work or school, access to amenities (like parks, fitness facilities, grocery stores, restaurants), public transportation options, community atmosphere and the overall vibe you're looking for. With useful information like amenities, commute, health & safety, education and other key data points, finding the best places to live in Townsend and in the areas around Townsend is a much easier task.

Using data and statistics Townsend has received a livability score of 67 out of 100. This score is ranked in the 69th percentile when compared to all other cities. For each of the livability categories, we know that Townsend ranks very well for crime (A+), education (B+) and housing (A+). There are some categories that Townsend scores poorly for, including: amenities (F) and cost of living (F). It might be worth taking a closer look to figure out why.

The unemployment rate in Townsend has consistently declined over the years and currently stands well below the national average at 2.07%. This downward trend holds the potential to reduce poverty and inequality within the region, promote higher wage levels and stimulate greater economic growth. Such positive indicators signal the overall robust health of the local economy, offering a promising outlook for its residents and fostering an environment of financial well-being and prosperity.

Finding affordable real estate and housing in Townsend can be tricky. Having said that, this area might be the place to get the best of both worlds. Based on factors like home/rental affordability and appreciation rates, this area has received an above average score in the housing category. A healthy real estate market can lead to wealth appreciation for property owners, as rising property values can contribute to homeowners' equity, financial stability and the ability to build long-term wealth.

Certain items on your wish list like shopping, restaurants, nightlife, parks and proximity to public transportation are all important things to look for. Having said that, perhaps the most important metric to consider when contemplating a move to Townsend is real estate affordability. Median real estate prices in Townsend come in at $334,400, which is 43.5% higher than the Delaware average. The home price to income ratio compares the median home prices to the median household income. In Townsend, the home price to income ratio is 2.4, which is 36.8% lower than the Delaware average.

Best Places to Live in and Around Townsend

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