Magnolia
Magnolia has roughly average household income, with a median household income of $81,406. Population has fallen 17% since 2000, a loss of 47 residents. 10% of adults hold a bachelor's degree or higher, below the national rate of 36%. Median home value has more than doubled since 2000, reaching $153,000. With a median age of 52.5, the population is older than the US median of 38.9.
Population & growth
PEP 2025 EST:256 residents (Census Bureau Vintage 2025, released March 2026)
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How many people live in Magnolia, Illinois?
Magnolia, Illinois has about 232 residents according to the 2024 American Community Survey.
What is the median household income in Magnolia, Illinois?
The typical household in Magnolia, Illinois earns about $81,406 a year. Half of households make more than that, and half make less.
Is Magnolia, Illinois expensive?
In Magnolia, Illinois, the median home is worth about $153,000.
How educated are people in Magnolia, Illinois?
About 9.8% of adults age 25 and over in Magnolia, Illinois hold a bachelor's degree or higher.
What is the poverty rate in Magnolia, Illinois?
About 3.9% of people in Magnolia, Illinois live below the federal poverty line.
Has Magnolia, Illinois grown since 1990?
Yes, Magnolia, Illinois has shrunk since 1990. The population has lost about 52 residents, a change of about -18 percent over that period.
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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024