Magnolia is located in Putnam County, Illinois. Magnolia has a 2025 population of 1,023. Magnolia is currently growing at a rate of 1.09% annually and its population has increased by 1.29% since the most recent census, which recorded a population of 1,010 in 2020.
The average household income in Magnolia is $86,870 with a poverty rate of 10.32%. The median age in Magnolia is 42.7 years: 43.3 years for males, and 40.6 years for females.
Data after 2023 is projected based on recent change
The racial composition of Magnolia includes 94.23% White, and smaller percentages for other race, Two or more races and multiracial populations.
White (94.2%)
Other race (2.9%)
Two or more races (2.8%)
Race | Population | Percentage (of total) |
|---|---|---|
| White | 767 | 94.23% |
| Other race | 24 | 2.95% |
| Two or more races | 23 | 2.83% |
Married
Widowed
Divorced
Separated
Never Married
Magnolia's average per capita income is $50,893. Household income levels show a median of $85,682. The poverty rate stands at 10.32%.
Name | Median | Mean |
|---|---|---|
| Married Families | $91,136 | - |
| Families | $88,472 | $94,531 |
| Households | $85,682 | $86,870 |
| Non Families | $53,750 | $58,907 |
Average Income
Median Household Income
Poverty Rate