Minnesota · Census place 39338
Magnolia city, MN
Quick answer
Magnolia city has 191 residents, ranking #696 of 914 places in Minnesota. Median household income is $47,159, the median home is worth $78,000 and median gross rent runs $754 a month.
- Population
- 191Magnolia city residents
- Median household income
- $47,159Past 12 months, inflation adjusted
- Median home value
- $78,000Owner-occupied units
- Median gross rent
- $754Rent plus utilities, monthly
- Median age
- 41.5 yrsAll residents
- Homeownership rate
- 63.5%Owner-occupied households
What the numbers mean in Magnolia city
Housing cost measured against local earnings.
A household earning the Magnolia city median would spend about 19.2% 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 1.7× the median household income; nationally that ratio sits near 4.5×. Poverty affects 15.4% of residents and 63.5% 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 Minnesota.
- Shelly city 195
- Elrosa city 194
- Plato city 193
- Mahnomen CDP 191
- Hendrum city 190
- Porter city 190
- Dunnell city 189
Keep going
More Minnesota coverage.