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. For every 100 females there are 110.3 males.
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 (94.23%)
Other race (2.95%)
Two or more races (2.83%)
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