Magnolia

County:: Putnam County
County Seat:: No
Area (mi²):: 0.313
State:: Illinois

Magnolia is a village located in Putnam County, Illinois. Magnolia has a 2025 population of 243. Magnolia is currently declining at a rate of -0.82% annually and its population has decreased by -3.95% since the most recent census, which recorded a population of 253 in 2020.

The average household income in Magnolia is $77,254 with a poverty rate of 14.62%. The median age in Magnolia is 47.9 years: 42.5 years for males, and 53.5 years for females.

Demographics

The racial composition of Magnolia includes 86.79% White, 9.91% other race, and smaller percentages for Black or African American, Native American, Asian, Native Hawaiian or Pacific Islander and multiracial populations.

Population by Race

White

Other race

Two or more races

Black or African American

Native American

Asian

Native Hawaiian or Pacific Islander

Race	Population	Percentage (of total)
White	184	86.79%
Other race	21	9.91%
Two or more races	7	3.3%
Black or African American	0	0%
Native American	0	0%
Asian	0	0%
Native Hawaiian or Pacific Islander	0	0%

Magnolia Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Magnolia's average per capita income is $31,750. Household income levels show a median of $74,500. The poverty rate stands at 14.62%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$115,938	-
Families	$82,500	$91,517
Households	$74,500	$77,254
Non Families	-	$47,003

$31,750

Average Income

$74,500

Median Household Income

14.62%

Poverty Rate