Illinois · Census place 46110
Magnolia village, IL
Quick answer
Magnolia village has 212 residents, ranking #1193 of 1462 places in Illinois. Median household income is $74,500, the median home is worth $134,300 and median gross rent runs $641 a month.
- Population
- 212Magnolia village residents
- Median household income
- $74,500Past 12 months, inflation adjusted
- Median home value
- $134,300Owner-occupied units
- Median gross rent
- $641Rent plus utilities, monthly
- Median age
- 47.9 yrsAll residents
- Homeownership rate
- 60.8%Owner-occupied households
What the numbers mean in Magnolia village
Housing cost measured against local earnings.
A household earning the Magnolia village median would spend about 10.3% 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 1.8× the median household income; nationally that ratio sits near 4.5×. Poverty affects 14.6% of residents and 60.8% of households own their home.
Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year
Compare with nearby places
Places of similar size in Illinois.
- Bulpitt village 213
- Lawrence CDP 213
- Ivesdale village 212
- Plainville village 212
- Campbell's Island CDP 211
- Kappa village 211
- Cisco village 210
Keep going
More Illinois coverage.