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CITY · 2020 ACS

Magnolia

Kentucky · 535 residents · 2.039 sq mi
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The short version

Magnolia has notably lower household income than the US average, with a median household income of $47,063. Population has declined 13% since 2019. 12% of adults hold a bachelor's degree or higher, below the national rate of 33%. Median home value is $89,000. With a median age of 44.8, the population is older than the US median of 38.8.

At a glance
Lower income
below the US median
US median: $66,278
Older
median age 44.8
US median: 38.8
Less educated
12% 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

Total population
535
−13%since 2019
from 616 in 2019
2010 – 2024
Population density
262 / sq mi
−13%since 2019
from 302 / sq mi in 2019
US average: 280
Median age
44.8
+66%since 2019
from 27.0 in 2019
US average: 38.8
Population, 2010 – 2024
362453544635726201020202024Magnolia
2024609
201020202024
Section 02

Income & economy

Median household income
$47,063
−4%inflation adjusted, since 2019
from $48,264 in 2019
US average: $66,278
2010 – 2024
Per capita income
$17,579
−11%since 2019
from $19,825 in 2019
US average: $35,364
Households earning $100K+
19.9%
−2.1 ptssince 2019
from 22.0% in 2019
US average: 43.9%
Poverty rate
25.2%
+18.5 ptssince 2019
from 6.7% in 2019
US average: 12.8%
Workforce by industry, 2020
Retail trade29.7%
US avg: 10%
Information6.1%
US avg: 11.1%
Wholesale trade5.7%
US avg: 6.7%
Agriculture, forestry, fishing2.7%
US avg: 1.7%
Construction2.7%
US avg: 1.2%
Arts, entertainment, food2.7%
US avg: 2%
Manufacturing0%
US avg: 0.5%
Transportation & warehousing0%
US avg: 2.5%
Finance & insurance0%
US avg: 5.5%
Professional, scientific, technical0%
US avg: 4.7%
Education & health services0%
US avg: 0.8%
Other services0%
US avg: 6.6%
Public administration0%
US avg: 4.7%
BARS: THIS PLACE · TICKS: US AVERAGE
Section 03

Housing

Median home value
$89,000
+1%inflation adjusted, since 2019
from $87,300 in 2019
US average: $265,253
2010 – 2024
Owner-occupied
72.9%
−15.7 ptssince 2019
from 88.6% in 2019
27.1% rent
Afford Score
1.9
+5%since 2019
from 1.8 in 2019
2010 – 2024
RELATED:See current rent listings in Magnolia on RentDataNow
Section 04

Race & ethnicity

2019
White, non-Hispanic100%(616)
Black0%(0)
Hispanic / Latino0%(0)
Asian0%(0)
Other0%(0)
Diversity Score0%(0)
2020
White, non-Hispanic93.6%(501)
Black1.1%(6)
Hispanic / Latino2.2%(12)
Asian0%(0)
Other0%(0)
Diversity Score8.4%(45)
Diversity Score
8
from 0 in 2019
2010 – 2024
Section 05

Education

Bachelor's degree or higher
12.3%
−2.9 ptssince 2019
from 15.3% in 2019
US average: 32.9%
High school or higher
72.4%
−12.6 ptssince 2019
from 85.0% in 2019
US average: 88.5%
Graduate degree
5.2%
−3.8 ptssince 2019
from 9.0% in 2019
US average: 12.7%
Section 06

Commute & transportation

Average commute
28.3 min
Unchangedsince 2019
from 28.2 min in 2019
US average: 26.9
Drive alone to work
95.9%
−4.1 ptssince 2019
from 100.0% in 2019
US average: 75.1%
No vehicle available
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 8.4%
Section 07

Work & employment

Unemployment rate
8.9%
−8.1 ptssince 2019
from 17.0% in 2019
US average: 5.4%
Labor force participation
59.4%
−13.5 ptssince 2019
from 72.9% in 2019
US average: 63.4%
Management & professional
33.1%
+10.0 ptssince 2019
from 23.1% in 2019
US average: 39.3%
Section 08

People & community

Male
32.9%
−6.5 ptssince 2019
from 39.4% in 2019
Female
67.1%
+6.5 ptssince 2019
from 60.6% in 2019
Foreign born
0.0%
Unchangedsince 2019
from 0.0% in 2019
US average: 13.5%
Uninsured
0.0%
−1.6 ptssince 2019
from 1.6% in 2019
US average: 8.8%
Drill deeper

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Compare Magnolia to nearby cities

MAGNOLIA VS
Elizabethtown
Income$60,760+29%
Home value$245,900+176%
Population35,448+5721%
SEE FULL COMPARISON →
MAGNOLIA VS
Campbellsville
Income$49,644+5%
Home value$164,600+85%
Population11,783+1835%
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MAGNOLIA VS
Radcliff
Income$58,559+24%
Home value$169,600+91%
Population22,576+3607%
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MAGNOLIA VS
Bardstown
Income$51,381+9%
Home value$203,500+129%
Population14,161+2225%
SEE FULL COMPARISON →
Frequently asked

How many people live in Magnolia, Kentucky?

Magnolia, Kentucky has about 535 residents according to the 2020 American Community Survey.

What is the median household income in Magnolia, Kentucky?

The typical household in Magnolia, Kentucky earns about $47,063 a year. Half of households make more than that, and half make less.

Is Magnolia, Kentucky expensive?

In Magnolia, Kentucky, the median home is worth about $89,000.

How educated are people in Magnolia, Kentucky?

About 12.3% of adults age 25 and over in Magnolia, Kentucky hold a bachelor's degree or higher.

What is the poverty rate in Magnolia, Kentucky?

About 25.2% of people in Magnolia, Kentucky live below the federal poverty line.

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

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