At a Glance
Median Income
$116,667
$32,548 per capita
Home Value
$208,900
Zillow: $421,472
Median Rent
$1,313/mo
51.0% of income on rent
Bachelor's Degree+
35.2%
91.6% high school+
Unemployment
9.9%
2.9% poverty rate
Obesity Rate
44.4%
14.9% smoking rate
How Magnolia Compares to the U.S. Average
Each bar shows Magnolia's value as a percentage of the national average (100% = U.S. avg)
Thin vertical line = U.S. national average (100%)
Is Magnolia a Good Place to Live?
A
4.2 / 5.0 - Great
Based on economy, affordability, safety, and education metrics compared to national averages.
Economy & Jobs
Magnolia residents earn a median household income of $116,667 , which is 55% above the national average of $75,149.
Per capita income is $32,548. The unemployment rate stands at 9.9% (175% above the U.S. rate of 3.6%). 2.9% of residents live below the poverty line. The area is home to 5,852 business establishments, including 369 restaurants.
Housing & Cost of Living
The median home value in Magnolia is $208,900 , 26% below the national median of $281,900.
Zillow estimates the typical home at $421,472. Median rent is $1,313/month, with 51.0% of renters spending more than 30% of income on housing. The cost of living index is 99.8 (100 = national average). The median home was built in 1938.
Education
35.2% of adults in Magnolia hold a bachelor's degree or higher
(4% above the national average).
91.6% have completed high school. Local schools score 5.7/10 in standardized testing.
Climate & Weather
Magnolia has an average annual temperature of 57°F (14°C).
Winters average 36°F in January while summers reach 78°F in July. Annual precipitation totals 47.6 inches. Air quality is rated Good with a median AQI of 41.
Data Overview
People
Population237
Median Age53.8 yrs
Density1,185/mi²
Male / Female47% / 53%
Foreign Born0.0%
Veterans26.6%
Economy
B+
Median Income$116,667
Per Capita$32,548
Unemployment9.9%
Poverty2.9%
County GDP$11,652M
Avg Weekly Wage$1,105
Housing
A+
Home Value$208,900
Rent$1,313
Ownership77.8%
Zillow$421,472
Housing Units111
Rent Burden51.0%
Health
Obesity44.4%
Diabetes12.4%
Smoking14.9%
Heart Disease6.0%
Premature Death10,078/100K
Climate
Avg Temp57°F
Rain47.6 in/yr
AQI41 (Good)
Elevation26 ft
Education
B+
Bachelor's+35.2%
High School+91.6%
Graduate+25.3%
School Score5.7/10
Community
2024 VoteR 48% / D 50%
Commute23 min
Broadband92.2%
Internet Speed175 Mbps
EV Stations3
Libraries5
Did You Know?
The median home in Magnolia was built in 1938.
The nearest airport is Cambridge-Dorchester Regional (47 miles).
The Gini coefficient (income inequality) is 0.407 (U.S. avg: 0.490).
Natural hazard risk is rated "Relatively Moderate" by FEMA.
27.7% of the population has a disability.
Average internet download speed is 175 Mbps.
There are 369 restaurants in the area.
The county recorded 29 fatal vehicle crashes.