With 17,077 people, Magnolia is a neighborhood in Seattle. This is an unusually credentialed place: 80% of adults have a four-year degree. The typical home is worth $1,311,575. Households take in $205,602 a year at the median, 150% more than the country as a whole. That is roughly 66% ahead of the Seattle median. Renters pay $2,899 a month at the median. These figures are approximated by combining the 3 census tracts that make up Magnolia; the Census Bureau does not tabulate data for neighborhoods directly.
At a glance
Wealthier
above the US median
US median: $82,259
Older
median age 41.4
US median: 38.9
More educated
80% hold a bachelor's degree
US average: 36%
Owner-heavy
73% owner-occupied
US average: 65%
Section 01
Population & growth
Total population
17,077
Population density
4,947 / sq mi
US average: 281
Median age
41.4
US average: 38.9
Land area
3.45 sq mi
Section 02
Income & economy
Median household income
$205,602
US average: $82,259
Per capita income
$106,789
US average: $44,673
Households earning $100K+
79.7%
US average: 53.3%
Poverty rate
5.3%
US average: 12.5%
Income inequality (Gini)
0.449
US average: 0.476
Workforce by industry, 2024
Information13.2%
US avg: 10.8%
Retail trade7.9%
US avg: 9.9%
Other services7.4%
US avg: 6.7%
Arts, entertainment, food5.6%
US avg: 1.9%
Wholesale trade4.2%
US avg: 6.9%
Public administration4.2%
US avg: 4.8%
Finance & insurance3.9%
US avg: 5.9%
Professional, scientific, technical3.9%
US avg: 5.1%
Transportation & warehousing1.2%
US avg: 2.2%
Agriculture, forestry, fishing0.4%
US avg: 1.6%
Construction0.4%
US avg: 1.2%
Manufacturing0%
US avg: 0.4%
Education & health services0%
US avg: 0.9%
BAR + DOT: THIS PLACE · TICK: US AVERAGE
Section 03
Housing
Median home value
$1,311,575
US average: $376,019
Median gross rent
$2,899
US average: $1,442
Owner-occupied
72.6%
27.4% rent
Vacancy rate
6.2%
US average: 10.0%
Persons per household
2.35 people
US average: 2.54
Owner cost-burdened
25.5%
US average: 22.9%
Renter cost-burdened
29.2%
US average: 47.4%
Afford Score
6.4
Years of local income it takes to buy a local home, on a scale of about 0 to 15. Lower is more affordable.
Section 04
Race & ethnicity
2024
White, non-Hispanic72.9%(12,450)
Black1.8%(306)
Hispanic / Latino5.6%(949)
Asian11%(1,874)
Other8.8%(1,498)
2024
White, non-Hispanic72.9%(12,450)
Black1.8%(306)
Hispanic / Latino5.6%(949)
Asian11%(1,874)
Other8.8%(1,498)
Diversity Score
56
Our index, 0 to 100. Higher means a more even mix of racial and ethnic groups.
