The median household income in Magnolia, MN in 2022 was $53,711, which was 53.3% less than the median annual income of $82,338 across the entire state of Minnesota. Compared to the median income of $36,000 in 2000 this represents an increase of 33.0%. The per capita income in 2022 was $26,006, which means an increase of 48.4% compared to 2000 when it was $13,427.
Whole page based on the data from 2000 / 2022 when the population of Magnolia, Minnesota was 221 / 199
Income statistics for all residents
Median household income in Magnolia, MN in 2022:
Magnolia:
$53,712
State:
$82,338
Change in median household income between 2000 and 2022:
Magnolia, Minnesota:
+49.2%
State:
+74.8%
Number of households with income < $10k:
Magnolia:
0.0% (0)
Minnesota:
4.3% (100,518)
Number of households with income $10k - 20k:
Magnolia:
4.7% (4)
Minnesota:
5.6% (130,945)
Number of households with income $20k - 30k:
Magnolia:
5.9% (5)
State:
6.1% (140,637)
Number of households with income $30k - 40k:
Magnolia:
18.8% (16)
State:
6.5% (151,862)
Number of households with income $40k - 50k:
Magnolia:
18.8% (16)
Minnesota:
6.7% (154,930)
Number of households with income $50k - 60k:
Magnolia:
14.1% (12)
Minnesota:
6.9% (159,181)
Number of households with income $60k - 75k:
Magnolia:
2.4% (2)
State:
9.4% (218,220)
Number of households with income $75k - 100k:
Magnolia:
18.8% (16)
State:
13.8% (319,951)
Number of households with income $100k - 125k:
Magnolia:
14.1% (12)
State:
10.8% (251,243)
Number of households with income $125k - 150k:
Magnolia:
2.4% (2)
State:
8.2% (190,349)
Number of households with income $150k - 200k:
Magnolia:
0.0% (0)
State:
10.2% (236,018)
Number of households with income > $200k:
Magnolia:
0.0% (0)
State:
11.6% (268,336)
Aggregate household income in Magnolia in 2022: $5,187,600
Median family income in Magnolia in 2022:
Magnolia:
$47,954
State:
$105,324
Number of families with income $20k - 30k:
Magnolia:
8.2% (4)
State:
3.5% (50,742)
Number of families with income $30k - 40k:
Magnolia:
29.5% (16)
Minnesota:
4.4% (64,281)
Number of families with income $40k - 50k:
Magnolia:
13.5% (7)
State:
5.2% (76,436)
Number of families with income $50k - 60k:
Magnolia:
3.8% (2)
State:
5.7% (83,050)
Number of families with income $60k - 75k:
Magnolia:
4.0% (2)
State:
8.8% (127,783)
Number of families with income $75k - 100k:
Magnolia:
14.1% (7)
Minnesota:
14.7% (214,426)
Number of families with income $100k - 125k:
Magnolia:
23.2% (12)
State:
13.1% (190,094)
Number of families with income $125k - 150k:
Magnolia:
3.8% (2)
State:
10.3% (149,830)
Median income for 2 person families:
Magnolia:
$49,171
Minnesota:
$90,144
Median non-family income in Magnolia in 2022:
Magnolia:
$56,918
Minnesota:
$48,461
Median per capita income in Magnolia in 2022:
Magnolia:
$26,007
Minnesota:
$45,021
Change in median per capita income between 2000 and 2022:
Magnolia, Minnesota:
+93.7%
State:
+94.1%
Income statistics for White residents
Median household income in Magnolia, MN in 2022:
Magnolia:
$57,047
Minnesota:
$85,697
Change in median household income between 2000 and 2022:
Magnolia, Minnesota:
+65.4%
State:
+77.5%
Number of households with income < $10k:
Magnolia:
0.0% (0)
Minnesota:
3.9% (74,145)
Number of households with income $10k - 20k:
Magnolia:
2.7% (2)
State:
5.1% (97,289)
Number of households with income $20k - 30k:
Magnolia:
6.7% (5)
Minnesota:
5.8% (111,536)
Number of households with income $30k - 40k:
Magnolia:
21.3% (16)
State:
6.2% (118,402)
Number of households with income $40k - 50k:
Magnolia:
13.3% (10)
Minnesota:
6.6% (126,331)
Number of households with income $50k - 60k:
Magnolia:
16.0% (12)
State:
6.8% (129,961)
Number of households with income $60k - 75k:
Magnolia:
1.3% (1)
State:
9.4% (181,337)
Number of households with income $75k - 100k:
Magnolia:
20.0% (15)
State:
13.8% (265,776)
Number of households with income $100k - 125k:
Magnolia:
16.0% (12)
State:
11.2% (214,803)
Number of households with income $125k - 150k:
Magnolia:
2.7% (2)
State:
8.6% (164,715)
Number of households with income $150k - 200k:
Magnolia:
0.0% (0)
Minnesota:
10.6% (203,283)
Number of households with income > $200k:
Magnolia:
0.0% (0)
State:
12.2% (233,694)
Aggregate household income in Magnolia in 2022: $4,686,082
Median family income in Magnolia in 2022:
Magnolia:
$56,446
State:
$110,049
Number of families with income $20k - 30k:
Magnolia:
9.3% (4)
Minnesota:
2.9% (34,913)
Number of families with income $30k - 40k:
Magnolia:
33.7% (15)
State:
3.7% (44,598)
Number of families with income $40k - 50k:
Magnolia:
2.3% (1)
State:
4.9% (58,683)
Number of families with income $50k - 60k:
Magnolia:
4.4% (2)
State:
5.4% (64,644)
Number of families with income $60k - 75k:
Magnolia:
2.4% (1)
State:
8.9% (105,839)
Number of families with income $75k - 100k:
Magnolia:
16.3% (7)
State:
14.8% (177,106)
Number of families with income $100k - 125k:
Magnolia:
27.2% (12)
State:
13.6% (162,292)
Number of families with income $125k - 150k:
Magnolia:
4.5% (2)
Minnesota:
10.9% (130,417)
Median non-family income in Magnolia in 2022:
Magnolia:
$57,624
State:
$49,920
Median per capita income in Magnolia in 2022:
Magnolia:
$27,927
State:
$49,507
Change in median per capita income between 2000 and 2022:
Magnolia, Minnesota:
+86.9%
State:
+103.3%
Income statistics for Black or African American residents
Median per capita income in Magnolia in 2022:
Magnolia:
$41,066
Minnesota:
$25,146
Change in median per capita income between 2000 and 2022:
Magnolia, Minnesota:
+79.1%
State:
+83.0%
Income statistics for Asian residents
Aggregate household income in Magnolia in 2022: $466,904
Median per capita income in Magnolia in 2022:
Magnolia:
$19,577
State:
$39,496
Income statistics for Hispanic or Latino residents
Aggregate household income in Magnolia in 2022: $602,615
Median per capita income in Magnolia in 2022:
Magnolia:
$19,884
Minnesota:
$27,748
Change in median per capita income between 2000 and 2022:
Magnolia, Minnesota:
+68.5%
State:
+127.2%
Income statistics for Multirace residents
Median per capita income in Magnolia in 2022:
Magnolia:
$21,159
State:
$28,529
Income statistics for other residents
Median per capita income in Magnolia in 2022:
Magnolia:
$26,472
Minnesota:
$28,385
Discuss Magnolia, Minnesota (MN) on our hugely popular Minnesota forum.
