The median household income in Magnolia, IL in 2022 was $64,792, which was 18.4% less than the median annual income of $76,708 across the entire state of Illinois. Compared to the median income of $38,125 in 2000 this represents an increase of 41.2%. The per capita income in 2022 was $37,027, which means an increase of 62.4% compared to 2000 when it was $13,909.
Whole page based on the data from 2000 / 2022 when the population of Magnolia, Illinois was 279 / 221
Income statistics for all residents
Median household income in Magnolia, IL in 2022:
Magnolia:
$64,793
State:
$76,708
Change in median household income between 2000 and 2022:
Magnolia, Illinois:
+69.9%
State:
+64.6%
Number of households with income < $10k:
Magnolia:
12.5% (14)
State:
5.9% (296,090)
Number of households with income $10k - 20k:
Magnolia:
8.9% (10)
Illinois:
6.6% (333,259)
Number of households with income $20k - 30k:
Magnolia:
7.1% (8)
Illinois:
6.8% (342,921)
Number of households with income $30k - 40k:
Magnolia:
8.0% (9)
State:
7.0% (355,254)
Number of households with income $40k - 50k:
Magnolia:
6.2% (7)
State:
6.7% (340,678)
Number of households with income $50k - 60k:
Magnolia:
4.5% (5)
Illinois:
6.7% (339,405)
Number of households with income $60k - 75k:
Magnolia:
16.1% (18)
State:
9.2% (465,709)
Number of households with income $75k - 100k:
Magnolia:
8.0% (9)
Illinois:
12.9% (651,353)
Number of households with income $100k - 125k:
Magnolia:
7.1% (8)
Illinois:
10.3% (522,359)
Number of households with income $125k - 150k:
Magnolia:
14.3% (16)
State:
7.3% (367,136)
Number of households with income $150k - 200k:
Magnolia:
6.2% (7)
Illinois:
9.0% (455,249)
Number of households with income > $200k:
Magnolia:
0.9% (1)
State:
11.6% (586,947)
Aggregate household income in Magnolia in 2022: $7,836,596
Median family income in Magnolia in 2022:
Magnolia:
$107,731
Illinois:
$96,948
Number of families with income < $10k:
Magnolia:
9.3% (6)
State:
3.4% (105,875)
Number of families with income $10k - 20k:
Magnolia:
3.1% (2)
State:
3.3% (105,017)
Number of families with income $30k - 40k:
Magnolia:
3.3% (2)
State:
5.3% (167,069)
Number of families with income $40k - 50k:
Magnolia:
1.5% (1)
Illinois:
5.8% (181,164)
Number of families with income $50k - 60k:
Magnolia:
6.7% (4)
State:
6.1% (191,561)
Number of families with income $60k - 75k:
Magnolia:
10.4% (6)
State:
9.0% (282,985)
Number of families with income $75k - 100k:
Magnolia:
15.0% (9)
Illinois:
13.8% (432,725)
Number of families with income $100k - 125k:
Magnolia:
13.3% (8)
State:
11.9% (373,296)
Number of families with income $125k - 150k:
Magnolia:
24.9% (15)
State:
8.9% (279,791)
Number of families with income $150k - 200k:
Magnolia:
11.0% (7)
State:
11.9% (372,004)
Number of families with income > $200k:
Magnolia:
1.6% (1)
State:
15.9% (500,033)
Median non-family income in Magnolia in 2022:
Magnolia:
$32,580
Illinois:
$46,533
Median per capita income in Magnolia in 2022:
Magnolia:
$37,028
State:
$43,317
Income statistics for White residents
Median household income in Magnolia, IL in 2022:
Magnolia:
$63,282
Illinois:
$83,346
Change in median household income between 2000 and 2022:
Magnolia, Illinois:
+60.7%
Illinois:
+67.5%
Number of households with income < $10k:
Magnolia:
12.3% (13)
Illinois:
4.5% (149,895)
Number of households with income $10k - 20k:
Magnolia:
9.4% (10)
Illinois:
5.5% (184,529)
Number of households with income $20k - 30k:
Magnolia:
7.5% (8)
State:
6.1% (205,767)
Number of households with income $30k - 40k:
Magnolia:
7.5% (8)
State:
6.7% (225,572)
Number of households with income $40k - 50k:
Magnolia:
5.7% (6)
Illinois:
6.5% (216,965)
Number of households with income $50k - 60k:
Magnolia:
4.7% (5)
State:
6.6% (222,841)
Number of households with income $60k - 75k:
Magnolia:
16.0% (17)
State:
9.3% (312,758)
Number of households with income $75k - 100k:
Magnolia:
8.5% (9)
State:
12.9% (433,180)
Number of households with income $100k - 125k:
Magnolia:
6.6% (7)
Illinois:
10.7% (360,753)
Number of households with income $125k - 150k:
Magnolia:
14.2% (15)
State:
7.9% (266,532)
Number of households with income $150k - 200k:
Magnolia:
6.6% (7)
Illinois:
10.0% (337,357)
Number of households with income > $200k:
Magnolia:
0.9% (1)
State:
13.3% (446,069)
Aggregate household income in Magnolia in 2022: $7,362,482
Median family income in Magnolia in 2022:
Magnolia:
$109,400
State:
$107,938
Number of families with income < $10k:
Magnolia:
9.8% (6)
Illinois:
2.2% (45,983)
Number of families with income $10k - 20k:
Magnolia:
3.1% (2)
State:
2.5% (50,574)
Number of families with income $30k - 40k:
Magnolia:
3.3% (2)
State:
4.4% (90,563)
Number of families with income $40k - 50k:
Magnolia:
1.4% (1)
State:
5.0% (102,597)
Number of families with income $50k - 60k:
Magnolia:
6.9% (4)
Illinois:
5.8% (119,129)
Number of families with income $60k - 75k:
Magnolia:
10.4% (6)
State:
8.8% (179,665)
Number of families with income $75k - 100k:
Magnolia:
14.8% (8)
State:
13.5% (276,887)
Number of families with income $100k - 125k:
Magnolia:
11.9% (7)
Illinois:
12.5% (256,099)
Number of families with income $125k - 150k:
Magnolia:
25.5% (14)
State:
9.8% (199,855)
Number of families with income $150k - 200k:
Magnolia:
11.4% (6)
State:
13.4% (274,569)
Number of families with income > $200k:
Magnolia:
1.7% (1)
State:
18.6% (381,354)
Median non-family income in Magnolia in 2022:
Magnolia:
$33,126
State:
$50,934
Change in median non-family income between 2000 and 2022:
Magnolia, Illinois:
+140.9%
State:
+70.7%
Median per capita income in Magnolia in 2022:
Magnolia:
$38,130
State:
$50,738
Income statistics for Multirace residents
Median per capita income in Magnolia in 2022:
Magnolia:
$33,510
State:
$29,285
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