Magnolia

County:: Putnam County
County Seat:: No
Area (mi²):: 0.313
State:: Illinois

Magnolia is a village located in Putnam County, Illinois. Magnolia has a 2025 population of 243. Magnolia is currently declining at a rate of -0.82% annually and its population has decreased by -3.95% since the most recent census, which recorded a population of 253 in 2020.

The average household income in Magnolia is $77,254 with a poverty rate of 14.62%.The median age in Magnolia is 47.9 years: 42.5 years for males, and 53.5 years for females.

Demographics

The racial composition of Magnolia includes 86.79% White, 9.91% other race, and smaller percentages for and multiracial populations.

Population by Race

Race	Population	Percentage (of total)
White	184	86.79%
Other race	21	9.91%
Two or more races	7	3.3%

Magnolia Marital Status

Married

Widowed

Divorced

Separated

Never Married

Economics and Income Statistics

Magnolia's average per capita income is $31,750. Household income levels show a median of $74,500. The poverty rate stands at 14.62%.

Families: A family includes the owner or renter of the home along with everyone related to them - whether through birth, marriage, or adoption. This includes relatives like spouses, children, parents, siblings, grandparents, and any other family members.

Households: A household includes all the people who occupy a housing unit (such as a house or apartment) as their usual place of residence.

Non Families: A nonfamily household is either someone living alone or when the owner/renter lives with people they aren't related to, like roommates.

Name	Median	Mean
Married Families	$115,938	-
Families	$82,500	$91,517
Households	$74,500	$77,254
Non Families	-	$47,003

$31,750

Average Income

$74,500

Median Household Income

14.62%

Poverty Rate