Magnolia village, Illinois Demographics & Population 2026
As of 2026, Magnolia village, Illinois has a total population of 212, the 1192nd largest city in Illinois, with a median household income of $74,500, which is 9% lower than the state average. The poverty rate is 14.6%.
Key Takeaways
- Housing is very affordable with a home-value-to-income ratio of just 1.8x.
Magnolia village Quick Facts
How Magnolia village Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
A less diverse community where one racial or ethnic group represents a large majority.
State average: 60 | National average: 60
Education
Educational Attainment (Adults 25+)
Magnolia village Rankings in Illinois
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Cities Similar to Magnolia village
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Mossville CDP | 210 | N/A | $93,000 | 46.4% | 4.3% |
| Bulpitt village | 213 | $72,500 | $80,600 | 5.5% | 11.3% |
| Kappa village | 211 | $77,000 | $160,000 | 32.9% | 10.0% |
| Plainville village | 212 | $71,250 | $96,900 | 13.9% | 10.8% |
| Shumway village | 217 | $76,250 | $103,400 | 12.5% | 21.6% |
Population Overview
Magnolia village is a small community located in Illinois. The total population is 212. It ranks as the 1192nd most populous out of 1,445 cities and towns in Illinois.
Age Demographics
The median age in Magnolia village is 47.9 years. This is 23% higher than the state median of 38.9 years. Only 12.3% of residents are under 18, indicating fewer families with children.
Economy, Income & Housing
The median household income in Magnolia village is $74,500. This is 9% lower than the state median of $81,702. Compared to the national median of $78,538, household income here is 5% lower. The poverty rate stands at 14.6%. This is 25% higher than the state poverty rate of 11.7%. The unemployment rate is 5.0%. This is 13% lower than the state rate of 5.8%. The median home value is $134,300. Housing costs are 46% lower than the state median of $250,500. With a home-value-to-income ratio of just 1.8x, Magnolia village is one of the most affordable housing markets in the area. 60.8% of occupied housing units are owner-occupied. This homeownership rate is 9% lower than the state average of 66.8%.
Race & Ethnicity
Magnolia village has a predominantly White (non-Hispanic) population, comprising 86.8% of all residents. Hispanic or Latino residents account for 9.9%.
Education
12.0% of residents aged 25 and older hold a bachelor's degree or higher. This is 68% lower than the state rate of 37.2%. Nationally, 35.0% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 93.0%.
Data Sources & Methodology
All demographic data for Magnolia village, Illinois is sourced from the U.S. Census Bureau's American Community Survey (ACS) 5-Year Estimates (2019-2023). The ACS collects data from approximately 3.5 million households annually, providing reliable estimates for communities of all sizes. Comparisons are made against Illinois state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,445 Census-designated places in Illinois. For official data, visit data.census.gov.
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Frequently Asked Questions
What is the population of Magnolia village, Illinois?
Magnolia village, Illinois has a population of 212 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Magnolia village, IL?
The median household income in Magnolia village is $74,500, which is 5% lower the national median of $78,538.
What is the poverty rate in Magnolia village, IL?
The poverty rate in Magnolia village is 14.6%. This means approximately 31 residents live below the federal poverty line.
What is the racial makeup of Magnolia village, Illinois?
Magnolia village's population is 86.8% White, 0.0% Black, 9.9% Hispanic/Latino, and 0.0% Asian.
What is the median home value in Magnolia village, IL?
The median home value in Magnolia village is $134,300. The home-value-to-income ratio is 1.8x.
How educated is Magnolia village, Illinois?
12.0% of adults (25+) in Magnolia village hold a bachelor's degree or higher, and 3.8% hold a graduate or professional degree.