Magnolia is a village located in Putnam County, Illinois. Magnolia has a 2026 population of 252. Magnolia is currently declining at a rate of -0.4% annually and its population has decreased by -2.33% since the most recent census, which recorded a population of 258 in 2020.
The median household income in Magnolia is $81,406 with a poverty rate of 3.88%. The median age in Magnolia is 52.5 years: 50.3 years for males, and 57.5 years for females. For every 100 females there are 105.3 males.
Data after 2023 is projected based on recent change
Overall: 52.5 years
Female: 57.5 years
Male: 50.3 years
There are 216 adults, (86 of whom are seniors) in Magnolia.
Female: 113 (48.7%)
Male: 119 (51.3%)
The racial composition of Magnolia includes 78.45% White, 12.93% other race, and smaller percentages for and multiracial populations.
| Race | Population ↓ | Percentage (of total) |
|---|---|---|
| White | 182 | 78.45% |
| Other race | 30 | 12.93% |
| Two or more races | 20 | 8.62% |
Magnolia 's average per capita income is $0. Household income levels show a median of $81,406. The poverty rate stands at 3.88%.
| Name | Median ↓ | Mean |
|---|---|---|
| Married Families | $110,000 | - |
| Families | $98,125 | $113,713 |
| Households | $81,406 | $88,413 |
| Non Families | - | $53,964 |
Average Income
Median Household Income
Poverty Rate