Last updated: 2024 BLS data · Page refreshed:
Magnolia has a population of 4,354 with a median age of 39.0. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,354 |
| Median Age | 39.0 |
| White | 61.6% |
| Black or African American | 15.0% |
| Asian | 6.8% |
| Hispanic or Latino | 17.4% |
The median household income in Magnolia is $100,511, which is 24.7% above the national median of $80,610. The per capita income is $49,950. The poverty rate is 6.9%.
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In Magnolia, 90.2% of residents age 25+ have a high school diploma or higher, and 29.8% hold a bachelor's degree or higher (7.9% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 90.2% |
| Bachelor's Degree or Higher | 29.8% |
| Graduate or Professional Degree | 7.9% |
The median home value in Magnolia is $238,800, below the national median of $303,400. The median monthly rent is $1,427. The homeownership rate is 69.3%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $238,800 |
| Median Monthly Rent | $1,427 |
| Homeownership Rate | 69.3% |
| Vacancy Rate | 1.8% |
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