Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 42.0 yrs |
|---|---|
| Avg HH Size | 2.31 |
| Below Poverty | 13.8% ▲ 38% above avg |
| College Grads | 32.0% ▼ 17% below avg |
| Unemployment | 2.2% ▼ 55% below avg |
| No HS Diploma | 2 (0.6%) |
| HS Graduate | 95 (26.7%) |
| Some College | 60 (16.9%) |
| Associates | 85 (23.9%) |
| Bachelors | 31 (8.7%) |
| Graduate Degree | 83 (23.3%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $88,333 ▲ 16% above avg |
|---|---|
| Median Home Value | $179,800 ▼ 36% below avg |
| Home/Income Ratio | 2.0x (nat avg ~3.5x) |
| Median Rent | $790/mo |
| Total Housing Units | 277 |
| Vacant Units | 51 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Magnolia is a city in Illinois, located in Putnam County. The city spans 1 ZIP code and is home to approximately 522 residents. It is a middle-aged city, with a median age of 42 years.
Economically, Magnolia is a middle-income community. The median household income of $88,333 is above the national average. Approximately 13.8% of residents live below the poverty line. The unemployment rate is 2.2%, well below the national average.
The real estate market in Magnolia is an affordable housing market. Median home values stand at $179,800, which is below the national average. Renters typically pay around $790 per month. Homeownership is high at 72.6%, typical of suburban and family-oriented communities.
The population of Magnolia is moderately educated. 32.0% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (94.64%).
Magnolia, IL offers residents above-average earning potential within Illinois.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 61336 | 522 | $88,333 | $179,800 | $790 | 2.2% | 32.0% | 72.6% |