Magnolia township is located in Putnam County, Illinois. Magnolia township has a 2026 population of 1,034. Magnolia township is currently growing at a rate of 1.08% annually and its population has increased by 2.38% since the most recent census, which recorded a population of 1,010 in 2020.
The median household income in Magnolia township is $85,625 with a poverty rate of 7.92%. The median age in Magnolia township is 39.1 years: 40.3 years for males, and 36.6 years for females. For every 100 females there are 112.3 males.
Data after 2023 is projected based on recent change
Overall: 39.1 years
Female: 36.6 years
Male: 40.3 years
There are 681 adults, (208 of whom are seniors) in Magnolia township.
Female: 440 (47.1%)
Male: 494 (52.9%)
The racial composition of Magnolia township includes 92.93% White, 3.53% other race, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 868 | 92.93% |
| Other race | 33 | 3.53% |
| Two or more races | 33 | 3.53% |
Magnolia township 's average per capita income is $57,083. Household income levels show a median of $85,625. The poverty rate stands at 7.92%.
| Name | Median ↓ | Mean |
|---|---|---|
| Families | $90,202 | $102,123 |
| Households | $85,625 | $92,442 |
| Married Families | $83,500 | - |
| Non Families | $66,875 | $63,977 |
Average Income
Median Household Income
Poverty Rate