Race & Ethnicity
Age Breakdown
Key Indicators
| Median Age | 45.3 yrs |
|---|---|
| Avg HH Size | 2.18 |
| Below Poverty | 12.7% ▲ 27% above avg |
| College Grads | 33.5% ▼ 14% below avg |
| Unemployment | 1.7% ▼ 66% below avg |
| No HS Diploma | 17 (9.2%) |
| HS Graduate | 61 (33%) |
| Some College | 9 (4.9%) |
| Associates | 36 (19.5%) |
| Bachelors | 33 (17.8%) |
| Graduate Degree | 29 (15.7%) |
Education
Housing Tenure
Home Value Distribution
Financials
| Median HH Income | $47,212 ▼ 38% below avg |
|---|---|
| Median Home Value | $108,900 ▼ 61% below avg |
| Home/Income Ratio | 2.3x (nat avg ~3.5x) |
| Median Rent | $757/mo |
| Total Housing Units | 152 |
| Vacant Units | 11 |
Income Distribution
How People Get to Work
Commute Time
Year Built
Magnolia is a city in Minnesota, located in Rock County. The city spans 1 ZIP code and is home to approximately 316 residents. It is a mature city, with a median age of 45.3 years.
Economically, Magnolia is a working-class community. The median household income of $47,212 is below the national average. Approximately 12.7% of residents live below the poverty line. The unemployment rate is 1.7%, well below 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 $108,900, which is well below the national average. Renters typically pay around $757 per month. Homeownership is high at 75.2%, typical of suburban and family-oriented communities.
The population of Magnolia is moderately educated. 33.5% of adults hold a bachelor's degree or higher — near the national average. The community is primarily White (87.03%).
Magnolia, MN offers residents a cost-conscious lifestyle within Minnesota.
| ZIP | Population | Median Income | Median Home | Median Rent | Unemp. | College | Owner Occ. |
|---|---|---|---|---|---|---|---|
| 56158 | 316 | $47,212 | $108,900 | $757 | 1.7% | 33.5% | 75.2% |