The Village of Magnolia had a population of 241 as of July 1, 2020.
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 elevation is 666 feet.
The Village of Magnolia (GNIS ID: 2399225) 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.
|Total Population||241 (100%)|
|Population in Households||241 (100.0%)|
|Population in Families||199 (82.6%)|
|Population in Group Quarters1||0|
|Median Household Income||$60,993|
|Average Household Income||$69,354|
|% of Income for Mortgage4||7%|
|Per Capita Income||$28,945|
|Total HU (Housing Units)||111 (100%)|
|Owner Occupied HU||79 (71.2%)|
|Renter Occupied HU||17 (15.3%)|
|Vacant Housing Units||15 (13.5%)|
|Median Home Value||$97,222|
|Average Home Value||$116,026|
|Housing Affordability Index3||350|
|Average Household Size||2.51|
|Average Family Size||3|
GROWTH RATE / YEAR
|Median Household Income||1.74%|
|Per Capita Income||1.57%|
|Owner Occupied HU||-0.51%|
The table below compares Magnolia to the other 1,369 incorporated cities, towns and CDPs in Illinois by rank and percentile using July 1, 2020 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.
|Total Population||# 1146||16th|
|Population Density||# 893||35th|
|Median Household Income||# 569||59th|
|Housing Affordability Index||# 1294||95th|
|Per Capita Income||# 708||48th|
|Diversity Index||# 602||56th|
Additional comparisons and rankings can be made with a VERY EASY TO USE Illinois Census Data Comparison Tool.