Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.0 yrs |
|---|---|
| Avg HH Size | 2.41 |
| Below Poverty | 20.6% ▲ 106% above avg |
| College Grads | 27.2% ▼ 30% below avg |
| Unemployment | 6.2% ▲ 27% above avg |
| No HS Diploma | 49 (2.6%) |
| HS Graduate | 780 (41.2%) |
| Some College | 379 (20%) |
| Associates | 170 (9%) |
| Bachelors | 283 (15%) |
| Graduate Degree | 231 (12.2%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $48,372 ▼ 37% below avg |
|---|---|
| Median Home Value | $121,800 ▼ 56% below avg |
| Home/Income Ratio | 2.5x (nat avg ~3.5x) |
| Median Rent | $807/mo |
| Total Housing Units | 1,438 |
| Vacant Units | 258 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Magnolia is a city in Kentucky, located in Larue County. The city spans 1 ZIP code and is home to approximately 2,846 residents. It is a mature city, with a median age of 45 years.
Economically, Magnolia is a working-class community. The median household income of $48,372 is below the national average. Approximately 20.6% of residents live below the poverty line. The unemployment rate is 6.2%, above the national average.
The real estate market in Magnolia is one of the more affordable housing markets in the country. Median home values stand at $121,800, which is well below the national average. Renters typically pay around $807 per month. Homeownership is high at 80.6%, typical of suburban and family-oriented communities.
The population of Magnolia is moderately educated. 27.2% of adults hold a bachelor's degree or higher — below the national average. The community is primarily White (88.79%).
Magnolia, KY offers residents a cost-conscious lifestyle within Kentucky.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 42757 | 2,846 | $48,372 | $121,800 | $807 | 6.2% | 27.2% | 80.6% |