Last updated: 2024 BLS data · Page refreshed:
Magnolia has a population of 274 with a median age of 40.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 274 |
| Median Age | 40.0 |
| White | 69.7% |
| Black or African American | 18.6% |
| Hispanic or Latino | 6.9% |
| Other / Two or More Races | 4.8% |
The median household income in Magnolia is $113,333, which is 40.6% above the national median of $80,610. The per capita income is $35,902. The poverty rate is 7.7%.
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In Magnolia, 92.0% of residents age 25+ have a high school diploma or higher, and 35.7% hold a bachelor's degree or higher (19.6% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 92.0% |
| Bachelor's Degree or Higher | 35.7% |
| Graduate or Professional Degree | 19.6% |
The median home value in Magnolia is $229,800, below the national median of $303,400. The homeownership rate is 82.7%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $229,800 |
| Homeownership Rate | 82.7% |
| Vacancy Rate | 14.8% |
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