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The last Census survey pointed that Magnolia has a population of 3,153 people. By this number, 97.59% correspond to White, 1.24% Hispanic, 0.16% Asian, 0.51% Black, 0.19% Indian and 0.32% other races. Men and Women of Magnolia have, according to the Census data, a median age of 37 years.
Nowadays, based on Census, you may find 1,442 households per zipcode. In Magnolia, the average value of a home is $59,900. The number of people per household registered was 3. According to the Census, the average household income is $30,833.
The city has 24 business places. Magnolia has nowadays a huge number of employees: 98. These employees receive $2,972 per year as payroll.