Last updated: 2024 BLS data · Page refreshed:
Magnolia has a population of 1,061 with a median age of 44.6. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 1,061 |
| Median Age | 44.6 |
| White | 94.6% |
| Hispanic or Latino | 2.1% |
| Other / Two or More Races | 3.3% |
The median household income in Magnolia is $75,156, which is 6.8% below the national median of $80,610. The per capita income is $35,884. The poverty rate is 7.4%.
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In Magnolia, 97.6% of residents age 25+ have a high school diploma or higher, and 34.6% hold a bachelor's degree or higher (6.7% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 97.6% |
| Bachelor's Degree or Higher | 34.6% |
| Graduate or Professional Degree | 6.7% |
The median home value in Magnolia is $164,600, below the national median of $303,400. The median monthly rent is $746. The homeownership rate is 81.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $164,600 |
| Median Monthly Rent | $746 |
| Homeownership Rate | 81.1% |
| Vacancy Rate | 6.8% |
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