Magnolia, IA
Population 148 · Iowa
About Magnolia, IA
Magnolia is a small community in Iowa with a population of 148 residents. The median household income is $72,500 per year, which is above the national average. The median age in Magnolia is 53.6 years.
Housing in Magnolia has a median home value of $110,000 and median monthly rent of $0. Of the 72 total housing units, the majority are owner-occupied, with 62 owner-occupied and 6 renter-occupied units.
The unemployment rate in Magnolia is 1.3% and the poverty rate is 1.4%. 11.8% of residents hold a bachelor's degree or higher. The average commute time is 23.5 minutes.
Cost of Living in Magnolia, IA
Compared to national averages, Magnolia has a median household income of $72,500 (4% below the national median of $75,149). Home values average $110,000, which is 55% below the national median. Monthly rent at $0 is 100% below the US average of $1,163. Within Iowa, Magnolia's income is 7% above the state average of $67,947, and home values are 17% below the state median of $132,237.
Why Live in Magnolia, IA?
Magnolia offers affordable housing with a median home value of $110,000, below the US average of $244,900, and rent that’s lower than the national average at $0/month, and a strong job market with an unemployment rate of just 1.3%. Additionally, the city features a low poverty rate of 1.4%, better than the national average, and short commute times averaging just 23.5 minutes.
Potential considerations include median household income ($72,500) that falls below the national average. However, Magnolia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Magnolia has a population of 148 with a median age of 53.6 years. Compare Magnolia with other cities to see how it stacks up, or explore all cities in Iowa.
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Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
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Frequently Asked Questions about Magnolia
What is the population of Magnolia, IA?
The population of Magnolia, IA is 148 according to the latest Census data.
What is the median household income in Magnolia?
The median household income in Magnolia, IA is $72,500 per year.
What is the median home value in Magnolia?
The median home value in Magnolia, IA is $110,000.
What is the average rent in Magnolia?
The median monthly rent in Magnolia, IA is $0.
What is the unemployment rate in Magnolia?
The unemployment rate in Magnolia, IA is 1.3%.