Also See Magnolia, IL: ZIP Codes & Maps
The Village of Magnolia had a population of 246 as of July 1, 2023.
The primary coordinate point for Magnolia is located at latitude 41.1136 and longitude -89.1945 in Putnam County. The formal boundaries for the Village of Magnolia encompass a land area of 0.33 sq. miles and a water area of 0 sq. miles. Putnam County is in the Central time zone (GMT -6).
The Village of Magnolia has a C1 Census Class Code which indicates an active incorporated place that does not serve as a county subdivision equivalent. It also has a Functional Status Code of "A" which identifies an active government providing primary general-purpose functions.
The Village of Magnolia is located within Township of Magnolia, a minor civil division (MCD) of Putnam County.
POPULATION | |
---|---|
Total Population | 246 (100%) |
Population in Households | 246 (100.0%) |
Population in Families | 211 (85.8%) |
Population in Group Quarters1 | 0 |
Population Density | 787 |
Diversity Index2 | 14 |
INCOME | |
Median Household Income | $65,224 |
Average Household Income | $74,926 |
% of Income for Mortgage4 | 13% |
Per Capita Income | $32,285 |
Wealth Index5 | 50 |
Socioeconomic Status Index6 | Moderate (53.9) |
HOUSING | |
---|---|
Total HU (Housing Units) | 115 (100%) |
Owner Occupied HU | 84 (73.0%) |
Renter Occupied HU | 22 (19.1%) |
Vacant Housing Units | 9 ( 7.8%) |
Median Home Value | $138,462 |
Average Home Value | $154,464 |
Housing Affordability Index3 | 172 |
HOUSEHOLDS | |
Total Households | 106 |
Average Household Size | 2.32 |
Family Households | 77 |
Average Family Size | 3.00 |
GROWTH RATE / YEAR |
2020-2023 | 2023-2028 |
---|---|---|
Population | -1.22% | 0.72% |
Households | 4.11% | 0.56% |
Families | -0.52% | |
Median Household Income | 2.57% | |
Per Capita Income | 2.29% | |
Owner Occupied HU | 0.70% |
The table below compares Magnolia to the other 1,464 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2023 data. The location Ranked # 1 has the highest value. A location that ranks higher than 75% of its peers would be in the 75th percentile of the peer group.
Variable Description | Rank | Percentile |
---|---|---|
Total Population | # 1126 | 23rd |
Population Density | # 860 | 41st |
Median Household Income | # 728 | 50th |
Housing Affordability Index | # 980 | 67th |
Per Capita Income | # 974 | 34th |
Diversity Index | # 1086 | 26th |
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.
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