Townsend is a very small coastal town (i.e. on the ocean, a bay, or inlet) located in the state of Delaware. With a population of 2,809 people and four associated neighborhoods, Townsend is the 22nd largest community in Delaware. There's nothing like the smell of a brand new house, and in Townsend, you'll find that a large proportion of houses were recently built. New growth in residential real estate is an indication that people are choosing to move to Townsend, and putting down their money on brand new construction. Townsend’s real estate is, on average, some of the newest in the nation. Townsend does seem to be experiencing an influx of affluent people, because the median household income is $147,917.00.
Townsend home prices are not only among the most expensive in Delaware, but Townsend real estate also consistently ranks among the most expensive in America.
Also of interest is that Townsend has more people living here who work in computers and math than 95% of the places in the US.
One interesting thing about the economy is that relatively large numbers of people worked from their home: 27.73% of the workforce. While this number may seem small overall, as a fraction of the total workforce this is high compared to the rest of the county. These workers are often telecommuters who work in knowledge-based, white-collar professions. For example, Silicon Valley has large numbers of people who telecommute. Other at-home workers may be self-employed people who operate small businesses out of their homes.
Because of many things, Townsend is a great place for families with children to consider. First of all, many other families with children live here, making Townsend a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Townsend has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Townsend’s overall crime rate is lower than average for the country.
Townsend is also nautical, which means that parts of it are somewhat historic and touch the ocean or tidal bodies of water, such as inlets and bays. Quite often, nautical areas such as these attract visitors and locals who come to enjoy the scenery and various waterfront activities.
One downside of living in Townsend, however, is that residents on average have to contend with a long commute, spending on average 33.44 minutes every day commuting to work.
The education level of Townsend ranks among the highest in the nation. Of the 25-and-older adult population in Townsend, 43.90% have at least a bachelor's degree. The typical US community has just 21.84% of its adults holding a bachelor's degree or graduate degree.
The per capita income in Townsend in 2022 was $41,503, which is upper middle income relative to Delaware and the nation. This equates to an annual income of $166,012 for a family of four.
Townsend is an extremely ethnically-diverse town. The people who call Townsend home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Townsend residents report their race to be White, followed by Black or African-American. Important ancestries of people in Townsend include English, Italian, German, Irish, and Polish.
The most common language spoken in Townsend is English. Other important languages spoken here include African languages and Spanish.