Last updated: 2024 BLS data · Page refreshed:
Magnolia has a population of 1,024 with a median age of 32.4. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,024 |
| Median Age | 32.4 |
| White | 21.5% |
| Black or African American | 31.1% |
| Asian | 0.1% |
| Hispanic or Latino | 47.1% |
The median household income in Magnolia is $39,406, which is 51.1% below the national median of $80,610. The per capita income is $18,281. The poverty rate is 41.3%.
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In Magnolia, 65.3% of residents age 25+ have a high school diploma or higher, and 12.8% hold a bachelor's degree or higher (4.1% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 65.3% |
| Bachelor's Degree or Higher | 12.8% |
| Graduate or Professional Degree | 4.1% |
The median home value in Magnolia is $114,400, below the national median of $303,400. The median monthly rent is $516. The homeownership rate is 64.4%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $114,400 |
| Median Monthly Rent | $516 |
| Homeownership Rate | 64.4% |
| Vacancy Rate | 14.7% |
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