In 2023, Magnolia, IA had a population of 148 people with a median age of 53.6 and a median household income of $72,500. Between 2022 and 2023 the population of Magnolia, IA grew from 144 to 148, a 2.78% increase and its median household income declined from $73,333 to $72,500, a −1.14% decrease.
The 5 largest ethnic groups in Magnolia, IA are White (Non-Hispanic) (97.3%), White (Hispanic) (1.35%), Two+ (Non-Hispanic) (1.35%), Black or African American (Non-Hispanic) (0%), and Black or African American (Hispanic) (0%).
None of the households in Magnolia, IA reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
100% of the residents in Magnolia, IA are U.S. citizens.
Most people in Magnolia, IA drove alone to work, and the average commute time was 23.5 minutes. The average car ownership in Magnolia, IA was 2 cars per household.