Also See Magnolia, MN: ZIP Codes & Maps
The City of Magnolia had a population of 198 as of July 1, 2023.
The primary coordinate point for Magnolia is located at latitude 43.6452 and longitude -96.0792 in Rock County. The formal boundaries for the City of Magnolia encompass a land area of 0.77 sq. miles and a water area of 0 sq. miles. Rock County is in the Central time zone (GMT -6).
The City of Magnolia has a C5 Census Class Code which indicates an active incorporated place that is independent of any county subdivision and serves as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
POPULATION | |
---|---|
Total Population | 198 (100%) |
Population in Households | 182 (91.9%) |
Population in Families | 190 (96.0%) |
Population in Group Quarters1 | 16 ( 8.1%) |
Population Density | 248 |
Diversity Index2 | 22 |
INCOME | |
Median Household Income | $76,380 |
Average Household Income | $94,596 |
% of Income for Mortgage4 | 21% |
Per Capita Income | $35,909 |
Wealth Index5 | 89 |
Socioeconomic Status Index6 | High (65.4) |
HOUSING | |
---|---|
Total HU (Housing Units) | 84 (100%) |
Owner Occupied HU | 63 (75.0%) |
Renter Occupied HU | 12 (14.3%) |
Vacant Housing Units | 9 (10.7%) |
Median Home Value | $271,154 |
Average Home Value | $284,921 |
Housing Affordability Index3 | 118 |
HOUSEHOLDS | |
Total Households | 75 |
Average Household Size | 2.43 |
Family Households | 60 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | 0.31% | -0.10% |
Households | 2.60% | 0.27% |
Families | -0.34% | |
Median Household Income | 0.32% | |
Per Capita Income | 2.14% | |
Owner Occupied HU | 0.93% |
The table below compares Magnolia to the other 914 incorporated cities, towns and CDPs in Minnesota by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 687 | 25th |
Population Density | # 664 | 27th |
Median Household Income | # 355 | 61st |
Housing Affordability Index | # 531 | 58th |
Per Capita Income | # 587 | 36th |
Diversity Index | # 392 | 57th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Minnesota Census Data Comparison Tool.
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