Magnolia, Illinois

US Census Bureau ACS 5-Year Estimates ยท 2022

IL

Magnolia Demographics Overview

Total Population
224
ACS 2022 estimate
Median Household Income
$66,250
Annual household income
โ–ผ 11% vs US avg
Median Home Value
$122,100
Owner-occupied homes
โ–ผ 57% vs US avg
Median Gross Rent
$640
Monthly rent (incl. utilities)
โ–ผ 45% vs US avg
Median Age
51.0 years
Median age of residents
โ–ฒ 31% vs US avg

Income & Economy

Median Household Income
$66,250
US avg: $74,580
vs. National Median-11.2%

Housing

Median Home Value
$122,100
US avg: $281,900
Median Gross Rent
$640/mo
US avg: $1,163/mo
Rent vs. National Avg-45.0%

Population

Total Population224
Median Age
51.0 years
US avg: 38.9 yrs

Data Source

Data for Magnolia comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Magnolia, IL โ€” Frequently Asked Questions

Common questions about Magnolia demographics

What is the population of Magnolia, Illinois?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Magnolia, Illinois is 224.

What is the median household income in Magnolia?

The median household income in Magnolia, Illinois is $66,250 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Magnolia?

Key cost indicators for Magnolia, Illinois:. Median home value: $122,100. Median gross rent: $640/month. Median household income: $66,250/year

What is the median home value in Magnolia?

The median home value in Magnolia, Illinois is $122,100, compared to the national median of approximately $281,900.

What is the average age in Magnolia?

The median age in Magnolia, Illinois is 51.0 years, compared to the US national median age of approximately 38.9 years.

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Magnolia, IL Demographics - Population, Income & Housing (2022)