Living in Magnolia Springs, Alabama
Cost of living, income, home prices, rent and demographics of Magnolia Springs · Census data 2020–2024
Magnolia Springs has 1,130 residents with a median age of 50.2. The median household income is $86,818 (36% higher than the Alabama median), the median home value is $442,400, the median rent is $1,146/month.
Magnolia Springs is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Magnolia Springs at a glance
- Population
- 1,130
- Median age
- 50.2State: 39.3
- Median household income
- $86,818State: $63,999
- Median home value
- $442,400State: $209,900
- Median rent
- $1,146/moState: $1,007
- Homeowners
- 83.9%
- Bachelor's degree or higher
- 58.8%
- Average commute
- 30 min
Is Magnolia Springs a good place to live?
Pros: Median household income 36% higher than the Alabama median; unemployment of 2.4%; a poverty rate of 11.2%.
Cons: Home values 111% higher than the state median; an average commute of 30 minutes.
The weather is best in March–April and October–November.
Cost of living in Magnolia Springs
Housing is the biggest part of the cost of living. In Magnolia Springs the median home value is $442,400, 33% higher than the U.S. median. Renters pay a median of $1,146 per month, which is 24% of household income. Homeowners with a mortgage pay $1,830 a month in housing costs.
Magnolia Springs median household income
The median household income in Magnolia Springs is $86,818 and the income per person is $46,775. 11.2% of residents live below the poverty line (Alabama: 15.6%).
Housing in Magnolia Springs: homes for sale and rent
- Housing units
- 562
- Owner-occupied
- 83.9%
- Renter-occupied
- 16.1%
- Vacant
- 17.1%Includes seasonal homes
- Median year built
- 1985
- Average household size
- 2.42
Magnolia Springs demographics
- Population
- 1,130
- Median age
- 50.2
- Under 18
- 22.8%
- 65 and older
- 22.3%
- Households
- 466
- Foreign-born
- 1.2%
- Veterans
- 3.7%Adults 18+
Hispanic or Latino can be of any race. Population history of Magnolia Springs ›
Education in Magnolia Springs
58.8% of adults 25 and older in Magnolia Springs have a bachelor's degree or higher (Alabama: 28.4%), and 23.1% have a graduate or professional degree.
Jobs and commute in Magnolia Springs
- Unemployment rate
- 2.4%State: 4.7%
- Average commute
- 30 minState: 26 min
- Work from home
- 25.6%
- Drive alone
- 62.9%
- Public transit
- 0%
- Walk to work
- 1.6%
- Homes with broadband
- 93.8%
Magnolia Springs vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Magnolia Springs | 1,130 | $86,818 | $442,400 | $1,146 |
| Foley | 24,026 | $66,336 | $289,300 | $1,242 |
| Bon Secour | 2,789 | $61,497 | $309,800 | $961 |
| Summerdale | 1,593 | $70,110 | $274,800 | $1,000 |
| Gulf Shores | 16,401 | $78,188 | $382,700 | $1,483 |
| Point Clear | 1,511 | $46,097 | $867,500 | — |
| Silverhill | 863 | $57,500 | $265,600 | $1,297 |
| Fairhope | 24,190 | $94,274 | $430,900 | $1,689 |
| Elberta | 2,293 | $55,000 | $232,800 | $1,059 |
More for people moving to Magnolia Springs
Magnolia Springs ZIP code ›Weather and climate ›Living in Magnolia Springs: FAQ
What is the median household income in Magnolia Springs, AL?
The median household income in Magnolia Springs is $86,818, 36% higher than the Alabama median of $63,999 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Magnolia Springs?
The median home value in Magnolia Springs is $442,400, compared with $209,900 in Alabama.
How much is rent in Magnolia Springs?
The median gross rent in Magnolia Springs is $1,146 per month, about 24% of household income.
Is Magnolia Springs, AL a good place to live?
Pluses: median household income 36% higher than the Alabama median; unemployment of 2.4%; a poverty rate of 11.2%. Minuses: home values 111% higher than the state median; an average commute of 30 minutes.
What is the median age in Magnolia Springs?
The median age in Magnolia Springs is 50.2 years (Alabama: 39.3).
How long is the commute in Magnolia Springs?
The average commute to work in Magnolia Springs is 30 minutes; 25.6% of workers work from home.
What is the unemployment rate in Magnolia Springs?
The unemployment rate in Magnolia Springs is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Magnolia Springs?
58.8% of adults in Magnolia Springs have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
Last updated: