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CITY · 2020 ACS

Magnolia

Illinois · 256 residents · 0.313 sq mi
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The short version

Magnolia has lower-than-average household income, with a median household income of $53,750. Population has declined 8% since 2000. 5% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value has risen by half since 2000, reaching $87,900.

At a glance
Lower income
below the US median
US median: $66,278
Mid-age
median age 40.0
US median: 38.8
Less educated
5% hold a bachelor's degree
US average: 33%
Stable housing
home values roughly flat, inflation adjusted
US median home: $265,253
Section 01

Population & growth

256
−8%since 2000
from 279 in 2000
1990 – 2025
818 / sq mi
−8%since 2000
from 891 / sq mi in 2000
US average: 280
40.0
+10%since 2000
from 36.3 in 2000
US average: 38.8
Population, 19902024
1952472993514031990201020202024Magnolia
2024232
1990201020202024
Section 02

Income & economy

$53,750
−6%inflation adjusted, since 2000
from $38,125 in 2000
US average: $66,278
1990 – 2024
$30,439
+119%since 2000
from $13,909 in 2000
US average: $35,364
Households earning $100K+
31.7%
+18.9 ptssince 2009
from 12.8% in 2009
US average: 43.9%
16.8%
+5.7 ptssince 2000
from 11.1% in 2000
US average: 12.8%
Workforce by industry, 2020
Finance & insurance17.9%
US avg: 5.5%
Professional, scientific, technical17.9%
US avg: 4.7%
Retail trade14.2%
US avg: 10%
Information10.4%
US avg: 11.1%
Transportation & warehousing2.2%
US avg: 2.5%
Wholesale trade1.5%
US avg: 6.7%
Arts, entertainment, food1.5%
US avg: 2%
Other services1.5%
US avg: 6.6%
Public administration1.5%
US avg: 4.7%
Agriculture, forestry, fishing0%
US avg: 1.7%
Construction0%
US avg: 1.2%
Manufacturing0%
US avg: 0.5%
Education & health services0%
US avg: 0.8%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

$87,900
+6%inflation adjusted, since 2000
from $55,000 in 2000
US average: $265,253
1990 – 2024
$670
+2%inflation adjusted, since 2000
from $438 in 2000
US average: $1,124
81.7%
−3.7 ptssince 2000
from 85.4% in 2000
18.3% rent
1.6
+13%since 2000
from 1.4 in 2000
1990 – 2024
RELATED:See current rent listings in Magnolia on RentDataNow
Section 04

Race & ethnicity

2000
White, non-Hispanic95.3%(266)
Black2.5%(7)
Hispanic / Latino0.4%(1)
Asian0.7%(2)
Other0%
Diversity Score8.8%(25)
2020
White, non-Hispanic93%(238)
Black0%(0)
Hispanic / Latino3.1%(8)
Asian0%(0)
Other3%(8)
Diversity Score14.8%(38)
15
+68%since 2000
from 9 in 2000
1990 – 2024
Section 05

Education

4.6%
−2.8 ptssince 2000
from 7.4% in 2000
US average: 32.9%
High school or higher
92.3%
+18.6 ptssince 2000
from 73.7% in 2000
US average: 88.5%
2.1%
−1.4 ptssince 2000
from 3.4% in 2000
US average: 12.7%
Section 06

Commute & transportation

27.4 min
+62%since 2000
from 16.9 min in 2000
US average: 26.9
92.2%
+7.5 ptssince 2009
from 84.7% in 2009
US average: 75.1%
10.8%
+7.3 ptssince 2009
from 3.5% in 2009
US average: 8.4%
Section 07

Work & employment

5.0%
−6.1 ptssince 2011
from 11.0% in 2011
US average: 5.4%
60.5%
−14.2 ptssince 2011
from 74.7% in 2011
US average: 63.4%
9.7%
−45.7 ptssince 2009
from 55.4% in 2009
US average: 39.3%
Section 08

People & community

52.1%
+1.2 ptssince 2009
from 50.9% in 2009
47.9%
−1.2 ptssince 2009
from 49.1% in 2009
1.9%
+1.9 ptssince 2009
from 0.0% in 2009
US average: 13.5%
4.6%
−79.7 ptssince 2013
from 84.3% in 2013
US average: 8.8%
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Frequently asked

How many people live in Magnolia, Illinois?

Magnolia, Illinois has about 256 residents according to the 2020 American Community Survey.

What is the median household income in Magnolia, Illinois?

The typical household in Magnolia, Illinois earns about $53,750 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 $87,900, and the typical rent is about $670 a month.

How educated are people in Magnolia, Illinois?

About 4.6% 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 16.8% 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 28 residents, a change of about -10 percent over that period.

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DATA: US CENSUS BUREAU ACS 5-YEAR + DECENNIAL CENSUS · UPDATED 2024

How we source and harmonize this data →