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Magnolia, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
215
Population
$53,594
Median Income
$98,300
Home Value
34.5
Median Age

Demographics

Magnolia has a population of 215 with a median age of 34.5. Here is the racial and ethnic breakdown of the population:

White
70.7%
Hispanic
17.2%
Asian
9.3%
Other
1.9%
Black
0.9%
Demographic Value
Total Population215
Median Age34.5
White70.7%
Black or African American0.9%
Asian9.3%
Hispanic or Latino17.2%
Other / Two or More Races1.9%
Magnolia, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 100.White: 70.7%Hispanic/Latino: 17.2%Asian: 9.3%Other: 2.8%215PopulationWhiteWhite70.7%Hispanic/LatinoHispanic/Latino17.2%AsianAsian9.3%OtherOther2.8%

Income & Economy

The median household income in Magnolia is $53,594, which is 33.5% below the national median of $80,610. The per capita income is $27,185. The poverty rate is 16.3%.

$53,594
Median Household Income
$27,185
Per Capita Income
16.3%
Poverty Rate

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Education

In Magnolia, 80.5% of residents age 25+ have a high school diploma or higher, and 4.2% hold a bachelor's degree or higher.

HS Diploma+
80.5%
Bachelor's+
4.2%
Education Level % of Adults (25+)
High School Diploma or Higher80.5%
Bachelor's Degree or Higher4.2%

Housing

The median home value in Magnolia is $98,300, below the national median of $303,400. The median monthly rent is $715. The homeownership rate is 71.0%.

$98,300
Median Home Value
$715/mo
Median Rent
71.0%
Homeownership Rate
Housing Metric Value
Median Home Value$98,300
Median Monthly Rent$715
Homeownership Rate71.0%
Vacancy Rate8.8%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Magnolia, Minnesota?
The population of Magnolia, Minnesota is 215 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Magnolia, Minnesota?
The median household income in Magnolia, Minnesota is $53,594. This is 33.5% below the national median of $80,610.
What is the median home value in Magnolia, Minnesota?
The median home value in Magnolia, Minnesota is $98,300. The median monthly rent is $715.
What percentage of people in Magnolia have a college degree?
In Magnolia, Minnesota, 4.2% of adults age 25 and older hold a bachelor's degree or higher, and 80.5% have a high school diploma or higher.
Is Magnolia, Minnesota an affordable place to live?
The home price-to-income ratio in Magnolia, Minnesota is 1.8x (median home value $98,300 vs. median income $53,594), making it relatively affordable by that measure. A ratio under 4.0 is generally considered affordable.

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