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ZipNumbers

Alabama · Census place 46072

Magnolia Springs town, AL

Quick answer

Magnolia Springs town has 1,278 residents, ranking #294 of 593 places in Alabama. Median household income is $93,000, the median home is worth $399,100 and median gross rent runs $1,141 a month.

Population
1,278Magnolia Springs town residents
Median household income
$93,000Past 12 months, inflation adjusted
Median home value
$399,100Owner-occupied units
Median gross rent
$1,141Rent plus utilities, monthly
Median age
48.8 yrsAll residents
Homeownership rate
86.7%Owner-occupied households

What the numbers mean in Magnolia Springs town

Housing cost measured against local earnings.

A household earning the Magnolia Springs town median would spend about 14.7% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.3× the median household income; nationally that ratio sits near 4.5×. Poverty affects 12.1% of residents and 86.7% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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