In 2023, Magnolia, KY had a population of 637 people with a median age of 44.7 and a median household income of $45,083. Between 2022 and 2023 the population of Magnolia, KY declined from 696 to 637, a −8.48% decrease and its median household income declined from $45,909 to $45,083, a −1.8% decrease.
The 5 largest ethnic groups in Magnolia, KY are White (Non-Hispanic) (75.7%), Black or African American (Non-Hispanic) (24.3%), White (Hispanic) (0%), Black or African American (Hispanic) (0%), and American Indian & Alaska Native (Non-Hispanic) (0%).
None of the households in Magnolia, KY 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, KY are U.S. citizens.
In 2023, the median property value in Magnolia, KY was $95,700, and the homeownership rate was 73.3%.
Most people in Magnolia, KY drove alone to work, and the average commute time was 30.7 minutes. The average car ownership in Magnolia, KY was 2 cars per household.