Magnolia, KY

Full City Profile · Kentucky · Larue County County

3.1 /5.0
B Good
637 Population 312/sq mi density
$45,083 Median Income $22,439 per capita
$95,700 Home Value $210,311 Zillow
$1,167 Median Rent 21.7% income on rent
57°F Avg Temperature
B
Overall
3.1 / 5.0
Good overall score based on economy, affordability, safety and education
C
Economy
2.4 / 5.0
$45,083 median income, 4.5% unemployment
A+
Affordability
5.0 / 5.0
$95,700 home value, $1,167/mo rent
D
Education
1.8 / 5.0
10.4% bachelor's degree or higher

Magnolia, KY

At a Glance

Median Income
$45,083
40% below
$22,439 per capita
Home Value
$95,700
66% below
Zillow: $210,311
Median Rent
$1,167/mo
0% below
21.7% of income on rent
Bachelor's Degree+
10.4%
69% below
75.2% high school+
Unemployment
4.5%
25% above
29.2% poverty rate
Obesity Rate
34.5%
7% above
23.3% smoking rate
Avg Temperature
57°F

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)

Income
60%
Home Value
34%
Rent
100%
Poverty
235%
Bachelor's
31%
Unemployment
125%
Thin vertical line = U.S. national average (100%)

Is Magnolia a Good Place to Live?

B
3.1 / 5.0 - Good
Based on economy, affordability, safety, and education metrics compared to national averages.

Economy & Jobs

Magnolia residents earn a median household income of $45,083 , which is 40% below the national average of $75,149. Per capita income is $22,439. The unemployment rate stands at 4.5% (25% above the U.S. rate of 3.6%). 29.2% of residents live below the poverty line. The area is home to 327 business establishments, including 16 restaurants.

Housing & Cost of Living

The median home value in Magnolia is $95,700 , 66% below the national median of $281,900. Zillow estimates the typical home at $210,311. Median rent is $1,167/month, with 21.7% of renters spending more than 30% of income on housing. The cost of living index is 90.2 (100 = national average). The median home was built in 1975.

Education

10.4% of adults in Magnolia hold a bachelor's degree or higher (69% below the national average). 75.2% have completed high school. Local schools score 5.9/10 in standardized testing.

Climate & Weather

Magnolia has an average annual temperature of 57°F (14°C). Winters average 35°F in January while summers reach 76°F in July. Annual precipitation totals 52.9 inches.

Data Overview

People

Population637
Median Age44.7 yrs
Density312/mi²
Male / Female40% / 60%
Foreign Born0.0%
Veterans2.4%

Economy

C
Median Income$45,083
Per Capita$22,439
Unemployment4.5%
Poverty29.2%
County GDP$314M
Avg Weekly Wage$883

Housing

A+
Home Value$95,700
Rent$1,167
Ownership73.3%
Zillow$210,311
Housing Units325
Rent Burden21.7%

Health

Obesity34.5%
Diabetes11.5%
Smoking23.3%
Heart Disease7.0%
Premature Death12,355/100K

Climate

Avg Temp57°F
Rain52.9 in/yr
Elevation844 ft

Education

D
Bachelor's+10.4%
High School+75.2%
Graduate+5.4%
School Score5.9/10

Community

2024 VoteR 80% / D 19%
Commute31 min
Broadband87.2%
Internet Speed124 Mbps
EV Stations1
Libraries2

Did You Know?

The median home in Magnolia was built in 1975.
The nearest airport is Louisville Muhammad Ali International (50 miles).
The Gini coefficient (income inequality) is 0.432 (U.S. avg: 0.490).
Natural hazard risk is rated "Very Low" by FEMA.
9.4% of the population has a disability.
Average internet download speed is 124 Mbps.
The county recorded 5 fatal vehicle crashes.