Magnolia Springs, AL
Population 1,278 · Alabama
About Magnolia Springs, AL
Magnolia Springs is a small town located in Alabama with a population of 1,278 residents according to the latest US Census Bureau American Community Survey data. The median household income is $93,000 per year, which is 24% above the national median of $75,149. The median age of 48.8 years is notably older the US median age of 38.9 years, suggesting a more established community with a higher proportion of long-term residents.
Housing Market Overview
The housing market in Magnolia Springs features a median home value of $399,100, which is 63% above the national median of $244,900. This places Magnolia Springs in a higher-cost housing market, where property demand often outpaces supply. Median monthly rent is $1,141, 2% below the national average of $1,163/month. Of the 564 total housing units, 87% are owner-occupied (399 units) and 13% are renter-occupied (61 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Magnolia Springs shows an unemployment rate of 2.1%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 12.1%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Magnolia Springs have an average one-way commute time of 39.9 minutes, suggesting many residents commute to jobs in a nearby metro area.
Education & Demographics
53.7% of Magnolia Springs residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This significantly higher educational attainment rate often correlates with access to knowledge-economy jobs and higher household incomes. The community's demographic composition includes 1.3% White, 4.4% Hispanic or Latino, 0.0% Black or African American, and 1.1% Asian residents, with 0.9% of the population being foreign-born.
How Magnolia Springs Ranks in Alabama
Cost of Living in Magnolia Springs, AL
Compared to national averages, Magnolia Springs has a median household income of $93,000 (24% above the national median of $75,149). Home values average $399,100, which is 63% above the national median. Monthly rent at $1,141 is 2% below the US average of $1,163. Within Alabama, Magnolia Springs's income is 60% above the state average of $57,952, and home values are 150% above the state median of $159,358.
Why Live in Magnolia Springs, AL?
Magnolia Springs offers a strong local economy with a median household income of $93,000, well above the national average, and rent that’s lower than the national average at $1,141/month, and a strong job market with an unemployment rate of just 2.1%. Additionally, the city features a well-educated community where 53.7% of residents hold a bachelor’s degree or higher, and a low poverty rate of 12.1%, better than the national average.
Potential considerations include a competitive housing market where the typical home costs $399,100. However, Magnolia Springs’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Magnolia Springs has a population of 1,278 with a median age of 48.8 years. Compare Magnolia Springs with other cities to see how it stacks up, or explore all cities in Alabama.
Similar Cities Near Magnolia Springs
Cities in Alabama with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Woodstock | 1,282 | $71,154 | $190,700 | Compare |
| Steele | 1,293 | $70,000 | $101,700 | Compare |
| New Market | 1,296 | $71,083 | $113,400 | Compare |
| Rogersville | 1,260 | $63,164 | $156,600 | Compare |
| Fyffe | 1,250 | $32,407 | $110,600 | Compare |
| Locust Fork | 1,312 | $42,045 | $169,600 | Compare |
| Rock Creek | 1,313 | $80,063 | $156,900 | Compare |
| Bear Creek | 1,317 | $36,250 | $95,300 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Alabama
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Magnolia Springs With Other Cities
Frequently Asked Questions about Magnolia Springs
What is the population of Magnolia Springs, AL?
The population of Magnolia Springs, AL is 1,278 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Alabama.
What is the median household income in Magnolia Springs?
The median household income in Magnolia Springs, AL is $93,000 per year, which is 24% above the national median of $75,149.
What is the median home value in Magnolia Springs?
The median home value in Magnolia Springs, AL is $399,100, which is 63% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Magnolia Springs?
The median monthly rent in Magnolia Springs, AL is $1,141, which is 2% below the national average of $1,163/month.
What is the unemployment rate in Magnolia Springs?
The unemployment rate in Magnolia Springs, AL is 2.1%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Magnolia Springs, AL a good place to live?
Magnolia Springs offers above-average incomes, a competitive housing market, and a strong job market. With a population of 1,278 and a median age of 48.8, the city appeals to established professionals and retirees.
How educated is Magnolia Springs, AL?
53.7% of residents in Magnolia Springs aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This above-average educational attainment often reflects a knowledge-based local economy.
What is the cost of living in Magnolia Springs?
Key cost-of-living indicators for Magnolia Springs, AL: median home value is $399,100 (63% above national), median rent is $1,141/month, and median household income is $93,000. The home-value-to-income ratio is 4.3x, a moderate figure by national standards.
What is the poverty rate in Magnolia Springs?
The poverty rate in Magnolia Springs, AL is 12.1%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Magnolia Springs, AL?
Magnolia Springs's population is 1.3% White, 4.4% Hispanic or Latino, 0.0% Black or African American, 1.1% Asian, and 0.0% two or more races. 0.9% of residents are foreign-born.