Magnolia, Kentucky Housing

Magnolia, Kentucky has a population of 792, with a median household income of $52,900.

Current housing data for Magnolia.

$178,900

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Population

792

💰

Median Income

$52,900

📉

Unemployment

3.80%

🏠

Housing Price

$178,900

🚨

Crime Rate

4.10

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Internet Speed

204.00 Mbps

Magnolia is a small local community located in Kentucky. The city has a population that is below the average city population in Kentucky, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Magnolia is a notable city in Kentucky, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Magnolia has a population of 792, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Magnolia is $52,900, which is below the state average, indicating moderate economic conditions.

Housing Market

The average housing price in Magnolia is about $178,900, making it relatively affordable compared to many cities in Kentucky.

Employment and Safety

The unemployment rate in Magnolia is 3.80%, slightly above the state average, suggesting moderate employment conditions. Crime rates in Magnolia are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Kentucky, Magnolia shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

As part of Kentucky, Magnolia contributes to the broader economic and social landscape, offering insights into regional development.

Frequently Asked Questions about Magnolia

What is the population of Magnolia?

The population of Magnolia is approximately 792.

Is Magnolia a good place to live?

Magnolia offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Magnolia?

The median household income in Magnolia is around $52,900.

How expensive is housing in Magnolia?

The average housing price in Magnolia is approximately $178,900.