Magnolia, NJ
Population 4,360 · New Jersey
About Magnolia, NJ
Magnolia is a small town located in New Jersey with a population of 4,360 residents according to the latest US Census Bureau American Community Survey data. The median household income is $89,489 per year, which is 19% above the national median of $75,149. The median age of 35.5 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Magnolia features a median home value of $221,100, which is 10% below the national median of $244,900. This positions Magnolia in a moderately priced market relative to the rest of the country. Median monthly rent is $1,204, 4% above the national average of $1,163/month. Of the 1,910 total housing units, 70% are owner-occupied (1,253 units) and 30% are renter-occupied (525 units). The high homeownership rate suggests a stable, established residential community.
Economy & Employment
The local economy in Magnolia shows an unemployment rate of 6.1%, which is significantly above the national rate of 3.7%, suggesting economic challenges in the area. The poverty rate stands at 5.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Magnolia have an average one-way commute time of 28.1 minutes.
Education & Demographics
34.0% of Magnolia residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 3.0% White, 0.2% Hispanic or Latino, 12.2% Black or African American, and 0.4% Asian residents, with 5.9% of the population being foreign-born.
How Magnolia Ranks in New Jersey
Cost of Living in Magnolia, NJ
Compared to national averages, Magnolia has a median household income of $89,489 (19% above the national median of $75,149). Home values average $221,100, which is 10% below the national median. Monthly rent at $1,204 is 4% above the US average of $1,163. Within New Jersey, Magnolia's income is 23% below the state average of $115,667, and home values are 53% below the state median of $469,644.
Why Live in Magnolia, NJ?
Magnolia offers a strong local economy with a median household income of $89,489, well above the national average, and affordable housing with a median home value of $221,100, below the US average of $244,900, and a well-educated community where 34.0% of residents hold a bachelor’s degree or higher. Additionally, the city features a low poverty rate of 5.3%, better than the national average.
Magnolia has a population of 4,360 with a median age of 35.5 years. Compare Magnolia with other cities to see how it stacks up, or explore all cities in New Jersey.
Similar Cities Near Magnolia
Cities in New Jersey with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Oak Valley | 4,374 | $90,563 | $226,000 | Compare |
| Wanamassa | 4,344 | $167,712 | $526,400 | Compare |
| Egg Harbor City | 4,378 | $67,604 | $182,100 | Compare |
| Atlantic Highlands | 4,409 | $125,438 | $615,300 | Compare |
| Leisure Village East | 4,309 | $47,231 | $211,600 | Compare |
| Holiday City South | 4,294 | $55,298 | $244,300 | Compare |
| Westville | 4,285 | $78,333 | $183,500 | Compare |
| Medford Lakes | 4,267 | $151,190 | $368,200 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in New Jersey
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Magnolia With Other Cities
Frequently Asked Questions about Magnolia
What is the population of Magnolia, NJ?
The population of Magnolia, NJ is 4,360 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in New Jersey.
What is the median household income in Magnolia?
The median household income in Magnolia, NJ is $89,489 per year, which is 19% above the national median of $75,149.
What is the median home value in Magnolia?
The median home value in Magnolia, NJ is $221,100, which is 10% below the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Magnolia?
The median monthly rent in Magnolia, NJ is $1,204, which is 4% above the national average of $1,163/month.
What is the unemployment rate in Magnolia?
The unemployment rate in Magnolia, NJ is 6.1%, compared to the national average of 3.7%. Job seekers may want to research the dominant industries in the area.
Is Magnolia, NJ a good place to live?
Magnolia offers above-average incomes, affordable housing, and growing employment opportunities. With a population of 4,360 and a median age of 35.5, the city appeals to a broad range of residents.
How educated is Magnolia, NJ?
34.0% of residents in Magnolia 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?
Key cost-of-living indicators for Magnolia, NJ: median home value is $221,100 (10% below national), median rent is $1,204/month, and median household income is $89,489. The home-value-to-income ratio is 2.5x, indicating relatively affordable housing relative to local incomes.
What is the poverty rate in Magnolia?
The poverty rate in Magnolia, NJ is 5.3%, 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, NJ?
Magnolia's population is 3.0% White, 0.2% Hispanic or Latino, 12.2% Black or African American, 0.4% Asian, and 16.4% two or more races. 5.9% of residents are foreign-born.