Last updated: 2024 BLS data · Page refreshed:
Magnolia has a population of 4,068 with a median age of 32.7. Here is the racial and ethnic breakdown of the population:
| Demographic | Value |
|---|---|
| Total Population | 4,068 |
| Median Age | 32.7 |
| White | 70.2% |
| Black or African American | 7.4% |
| Asian | 0.7% |
| Hispanic or Latino | 21.9% |
The median household income in Magnolia is $78,605, which is 2.5% below the national median of $80,610. The per capita income is $66,247. The poverty rate is 5.0%.
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In Magnolia, 95.6% of residents age 25+ have a high school diploma or higher, and 26.9% hold a bachelor's degree or higher (8.5% with a graduate or professional degree).
| Education Level | % of Adults (25+) |
|---|---|
| High School Diploma or Higher | 95.6% |
| Bachelor's Degree or Higher | 26.9% |
| Graduate or Professional Degree | 8.5% |
The median home value in Magnolia is $322,800, above the national median of $303,400. The median monthly rent is $1,121. The homeownership rate is 64.1%.
| Housing Metric | Value |
|---|---|
| Median Home Value | $322,800 |
| Median Monthly Rent | $1,121 |
| Homeownership Rate | 64.1% |
| Vacancy Rate | 11.2% |
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