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Magnolia, IL
Full City Profile · Illinois · Putnam County County
2.9
/5.0
C+
Fair
212
Population
684/sq mi density
$74,500
Median Income
$37,449 per capita
$134,300
Home Value
$193,243 Zillow
$641
Median Rent
18.4% income on rent
51°F
Avg Temperature
275 sunny days/yr
299
Violent Crime/100K
1,283 property/100K
C+
Overall
2.9 / 5.0
Fair overall score based on economy, affordability, safety and education
B+
Economy
3.7 / 5.0
$74,500 median income, 3.2% unemployment
A+
Affordability
5.0 / 5.0
$134,300 home value, $641/mo rent
F
Safety
1.0 / 5.0
299 violent crimes/100K
D
Education
2.0 / 5.0
12.0% bachelor's degree or higher
Change Over Time (2013–2023)
Population Change
+0.8%
249 → 251
over 10 years
Annual Pop. Growth
+0.08%
Compound annual growth rate
Median Income Change
+72.4%
$43,207 → $74,500
nominal, not inflation-adjusted
Annual Income Growth
+5.6%
Compound annual growth rate
Population Over Time
Total population for Magnolia across each available Census ACS release.
Median Household Income Over Time
Median household income reported by U.S. Census ACS. Values are nominal (not adjusted for inflation).
Projected 2030
Simple projections extrapolating the 2013–2023 compound annual growth rate forward. These are mathematical extensions of recent trends, not forecasts — real outcomes depend on migration, policy and economic shifts.
Projected Population 2030
252
+1 from 2023 (251)
Projected Median Income 2030
$109,095
+$34,595 from 2023 ($74,500)
Year-by-Year Detail
| Year | Population | YoY % | Median Income | YoY % |
|---|---|---|---|---|
| 2013 | 249 | — | $43,207 | — |
| 2015 | 253 | +1.6% | $45,750 | +5.9% |
| 2017 | 247 | -2.4% | $45,313 | -1% |
| 2019 | 248 | +0.4% | $44,375 | -2.1% |
| 2021 | 247 | -0.4% | $55,000 | +23.9% |
| 2023 | 251 | +1.6% | $74,500 | +35.5% |
Source: U.S. Census ACS 5-Year Estimates (Data Commons). Home value and rent are not yet available historically.