Magnolia, KY population, income and ZIP codes

Magnolia CDP is a very small community in Kentucky, with 637 residents counted in the Census American Community Survey 2019-2023 ACS 5-year estimates, which places it #312 of 554 ranked by population — larger than 43% of them. The median age here is 44.7 years against 39.1 nationally, a slightly older profile than the country as a whole. At this population the ACS sample is small, so the margin of error around every dollar figure below is wide — treat the numbers as a band, not a point, and expect them to move between annual releases without the place itself changing.

Households in Magnolia CDP earn a median of $45,083 a year, 42.6% below the national figure of $78,538 and 19% below the $55,469 median for the 246 Kentucky cities we cover. Median household income counts every pre-tax dollar arriving at an address — wages, self-employment, Social Security, pensions, interest and public assistance — for everyone living there, so multi-earner households pull the figure up even where individual pay is modest. Poverty reaches 31.9% of residents here, well above the 12.4% national rate, which is the single clearest signal in this dataset that median income here is carried by a narrow band of households.

The typical owner-occupied home in Magnolia CDP is valued at $95,700, 68.5% below the national figure and 39% below the $157,200 peer median, while median gross rent runs $1,167 a month, 17% below the national figure, or roughly $14,004 across a full year. A household on the local median income would put about 31.1% of gross pay toward that rent against the federal 30% cost-burden threshold, so renting here is a stretch on median earnings. The home-price-to-income ratio works out to 2.1×, against roughly 3.9× nationally, so purchase prices are unusually low against local pay, the pattern in places where supply is plentiful and wage growth has been flat. 73.3% of occupied homes are owner-occupied versus 65% nationally, so the market leans toward owners. Rent is reported gross — contract rent plus tenant-paid utilities — which is why it runs above the advertised price on a listing for the same unit.

Magnolia CDP is the unusual combination of expensive to rent and cheap to buy: rent takes 31.1% of median income while homes cost only 2.1× it. Where that pattern shows up, the gap is normally down to down-payment and credit barriers rather than price. With 637 residents, a handful of survey responses moves every median on this page. Compare Magnolia CDP against its county rather than against national figures.

Every value on this page is published directly by the Census for this area — nothing is modelled or interpolated. Small-area estimates still carry wider margins of error than state or national figures, so check the linked ACS tables before relying on them for lending, appraisal or legal work.