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Magnolia, Minnesota Demographics & Population 2026

During the 2020–2024 ACS period, Magnolia, Minnesota had a total population of 215, the 685th largest city in Minnesota, with a median household income of $53,594, which is 40% lower than the state average. The poverty rate is 16.4%.

Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes

Key Takeaways

Magnolia Quick Facts

Population 215
Median Household Income $53,594
Median Home Value $98,300
Poverty Rate 16.4%
Unemployment Rate 1.5%
Median Age 34.5 years
Homeownership Rate 71.0%
Affordability Ratio 1.8x
Bachelor's Degree or Higher 4.2%
High School Graduation Rate 80.5%
Diversity Index 46/100
Population 215 685th of 914
Median Income $53,594 bottom 30%
Poverty Rate 16.4% 31% higher than national
Median Home Value $98,300 bottom 20%

How Magnolia Changed

Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.

Metric2019–20232020–2024Change
Population191215+12.6%
Median household income$47,159$53,594+13.6%
Median home value$78,000$98,300+26.0%

How Magnolia Compares

Economy & Housing

Household Income Distribution

Under $25K 7.5%
$25K-$50K 36.6%
$50K-$100K 38.7%
$100K+ 17.2%
Detailed income brackets
Under $10K
0.0%
$10K-$15K
3.2%
$15K-$20K
2.1%
$20K-$25K
2.1%
$25K-$30K
5.4%
$30K-$35K
8.6%
$35K-$40K
2.1%
$40K-$45K
2.1%
$45K-$50K
18.3%
$50K-$60K
10.8%
$60K-$75K
19.4%
$75K-$100K
8.6%
$100K-$125K
12.9%
$125K-$150K
0.0%
$150K-$200K
4.3%
$200K+
0.0%

Employment

1.5% Unemployment Rate State: 4.1%|National: 5.2%
77.4% Labor Force Participation

Housing Overview

Owner 71.0%
Renter 29.0%
Affordability Index Very Affordable
1.8x home value to income ratio
Median gross rent $715/mo 16.0% of median household income annually

People & Demographics

Diversity Index

46out of 100
Moderate Diversity

Moderate diversity with one or two groups making up the majority.

State average: 41 | National average: 61

Education

Magnolia Rankings in Minnesota

#685 Population of 914
#711 Median Income of 887
#875 Education of 914
#735 Home Value of 870

Other Cities in Rock County

CityPopulationMedian IncomePovertyHome Value
Luverne 4,925 $64,366 12.2% $208,000
Jasper 818 $50,446 21.5% $76,900
Hills 748 $78,631 8.8% $197,200
Beaver Creek 293 $64,583 6.6% $172,500
Hardwick 235 $39,327 15.3% $83,300
Steen 125 $60,000 12.0% $140,300
Kenneth 72 $76,250 44.4% N/A

Cities Similar to Magnolia

These cities in the same state have comparable population and economic profiles.

CityPopulationMedian IncomeHome ValueBachelor's+Poverty
Callaway224$53,125$87,50014.0%13.8%
Dennison223$55,000$211,40025.2%4.5%
Climax209$50,500$113,60024.3%16.3%
Pemberton223$50,417$170,80018.6%12.6%
Dent230$52,500$106,30015.9%36.5%

A note before these figures: with a population of 215, Magnolia's ACS estimates come from a small number of survey responses and carry wide margins of error. Individual percentages below — particularly rates that round to 0% or 100% — are approximations, not precise measurements. See data.census.gov for the published margins of error.

Population Overview

Magnolia is a small community located in Minnesota, within Rock County. The total population is 215. It ranks as the 685th most populous out of 914 Census-designated places in Minnesota.

Age Demographics

The median age in Magnolia is 34.5 years. This is 11% lower than the state median of 38.8 years.

Economy, Income & Housing

The median household income in Magnolia is $53,594. This is 40% lower than the state median of $89,062. It is also 34% lower than the national median of $80,734. The poverty rate stands at 16.4%. This is 76% higher than the state poverty rate of 9.3%. The unemployment rate is 1.5%. This is 64% lower than the state rate of 4.1%. The median home value is $98,300. Housing costs are 70% lower than the state median of $329,300. With a home-value-to-income ratio of just 1.8x, Magnolia is one of the most affordable housing markets in the area. 71.0% of occupied housing units are owner-occupied. This homeownership rate is 2% lower than the state average of 72.2%.

Race & Ethnicity

The largest racial or ethnic group in Magnolia is White (non-Hispanic), making up 70.7% of the population. Hispanic or Latino residents account for 17.2%. The Black or African American population (0.9%) is well below the state average of 7.0%. The Hispanic or Latino population is significantly higher than the state average (17.2% vs 6.4%). The Asian population is significantly higher than the state average (9.3% vs 5.1%).

Education

4.2% of residents aged 25 and older hold a bachelor's degree or higher. This is among the lowest rates in the state, which may correlate with employment and income patterns. This is 89% lower than the state rate of 39.4%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 80.5%.

Data Sources & Methodology

All demographic data for Magnolia, Minnesota is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Minnesota state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 914 Census-designated places in Minnesota. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.

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Frequently Asked Questions

What is the population of Magnolia, Minnesota?

Magnolia, Minnesota has a population of 215 according to the most recent U.S. Census ACS 5-Year Estimates.

What is the median household income in Magnolia, MN?

The median household income in Magnolia is $53,594, which is 34% lower than the national median of $80,734.

What is the poverty rate in Magnolia, MN?

The poverty rate in Magnolia is 16.4%. This means approximately 34 residents live below the federal poverty line.

What is the racial makeup of Magnolia, Minnesota?

Magnolia's population is 70.7% White, 0.9% Black, 17.2% Hispanic/Latino, and 9.3% Asian.

What is the median home value in Magnolia, MN?

The median home value in Magnolia is $98,300. The home-value-to-income ratio is 1.8x.

How educated is Magnolia, Minnesota?

4.2% of adults (25+) in Magnolia hold a bachelor's degree or higher, and 0.0% hold a graduate or professional degree.