Living in Magnolia, North Carolina
Cost of living, income, home prices, rent and demographics of Magnolia · Census data 2020–2024
Magnolia has 1,024 residents with a median age of 32.4. The median household income is $39,406 (46% lower than the North Carolina median), the median home value is $114,400, the median rent is $516/month.
Magnolia is a small town, so Census survey estimates have wide margins of error. Treat percentages as approximate.
Magnolia at a glance
- Population
- 1,024
- Median age
- 32.4State: 39.1
- Median household income
- $39,406State: $72,388
- Median home value
- $114,400State: $288,900
- Median rent
- $516/moState: $1,228
- Homeowners
- 64.4%
- Bachelor's degree or higher
- 12.8%
- Average commute
- 24 min
Is Magnolia a good place to live?
Pros: Home values 60% lower than the state median; an average commute of 24 minutes; unemployment of 3.1%.
Cons: Median household income 46% lower than the North Carolina median; a poverty rate of 41.3%.
The weather is best in April–May and September–October.
Cost of living in Magnolia
Housing is the biggest part of the cost of living. In Magnolia the median home value is $114,400, 66% lower than the U.S. median. Renters pay a median of $516 per month, which is 29.7% of household income. Homeowners with a mortgage pay $1,281 a month in housing costs.
Magnolia median household income
The median household income in Magnolia is $39,406 and the income per person is $18,281. 41.3% of residents live below the poverty line (North Carolina: 13%).
Housing in Magnolia: homes for sale and rent
- Housing units
- 435
- Owner-occupied
- 64.4%
- Renter-occupied
- 35.6%
- Vacant
- 14.7%Includes seasonal homes
- Median year built
- 1983
- Average household size
- 2.74
Magnolia demographics
- Population
- 1,024
- Median age
- 32.4
- Under 18
- 33.5%
- 65 and older
- 11.1%
- Households
- 371
- Foreign-born
- 29.3%
- Veterans
- 8.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Magnolia ›
Education in Magnolia
12.8% of adults 25 and older in Magnolia have a bachelor's degree or higher (North Carolina: 35.7%), and 4.1% have a graduate or professional degree.
Jobs and commute in Magnolia
- Unemployment rate
- 3.1%State: 4.7%
- Average commute
- 24 minState: 25 min
- Work from home
- 12.1%
- Drive alone
- 75.1%
- Public transit
- 0%
- Walk to work
- 0.2%
- Homes with broadband
- 89.8%
Magnolia vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Magnolia | 1,024 | $39,406 | $114,400 | $516 |
| Rose Hill | 1,309 | $49,375 | $125,000 | $785 |
| Kenansville | 1,090 | $61,364 | $127,400 | $384 |
| Warsaw | 2,746 | $54,297 | $112,500 | $925 |
| Greenevers | 648 | $16,603 | $77,100 | $491 |
| Teachey | 427 | $51,111 | $181,800 | $888 |
| Wallace | 3,457 | $51,250 | $178,000 | $881 |
| Bowdens | 122 | $83,153 | — | — |
| Harrells | 175 | $43,750 | $175,000 | — |
More for people moving to Magnolia
Magnolia ZIP code ›Weather and climate ›Living in Magnolia: FAQ
What is the median household income in Magnolia, NC?
The median household income in Magnolia is $39,406, 46% lower than the North Carolina median of $72,388 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Magnolia?
The median home value in Magnolia is $114,400, compared with $288,900 in North Carolina.
How much is rent in Magnolia?
The median gross rent in Magnolia is $516 per month, about 29.7% of household income.
Is Magnolia, NC a good place to live?
Pluses: home values 60% lower than the state median; an average commute of 24 minutes; unemployment of 3.1%. Minuses: median household income 46% lower than the North Carolina median; a poverty rate of 41.3%.
What is the median age in Magnolia?
The median age in Magnolia is 32.4 years (North Carolina: 39.1).
How long is the commute in Magnolia?
The average commute to work in Magnolia is 24 minutes; 12.1% of workers work from home.
What is the unemployment rate in Magnolia?
The unemployment rate in Magnolia is 3.1% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Magnolia?
12.8% of adults in Magnolia 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.
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