The median household income in Magnolia, NJ in 2022 was $74,080, which was 30.1% less than the median annual income of $96,346 across the entire state of New Jersey. Compared to the median income of $43,728 in 2000 this represents an increase of 41.0%. The per capita income in 2022 was $38,453, which means an increase of 50.5% compared to 2000 when it was $19,032.
Whole page based on the data from 2000 / 2022 when the population of Magnolia, New Jersey was 4,409 / 4,361
Income statistics for all residents
Median household income in Magnolia, NJ in 2022:
Magnolia:
$74,080
State:
$96,346
Change in median household income between 2000 and 2022:
Magnolia, New Jersey:
+69.4%
State:
+74.7%
Number of households with income < $10k:
Magnolia:
2.4% (43)
State:
4.4% (155,271)
Number of households with income $10k - 20k:
Magnolia:
3.6% (65)
State:
5.4% (189,888)
Number of households with income $20k - 30k:
Magnolia:
6.6% (119)
New Jersey:
5.2% (183,402)
Number of households with income $30k - 40k:
Magnolia:
2.9% (53)
New Jersey:
5.9% (206,969)
Number of households with income $40k - 50k:
Magnolia:
13.4% (243)
State:
5.2% (184,153)
Number of households with income $50k - 60k:
Magnolia:
10.4% (188)
New Jersey:
5.6% (197,270)
Number of households with income $60k - 75k:
Magnolia:
11.9% (216)
State:
8.1% (284,245)
Number of households with income $75k - 100k:
Magnolia:
11.5% (209)
New Jersey:
11.6% (408,272)
Number of households with income $100k - 125k:
Magnolia:
15.1% (275)
State:
10.1% (354,738)
Number of households with income $125k - 150k:
Magnolia:
4.5% (82)
New Jersey:
8.0% (281,341)
Number of households with income $150k - 200k:
Magnolia:
11.1% (201)
New Jersey:
11.5% (404,977)
Number of households with income > $200k:
Magnolia:
6.7% (122)
New Jersey:
18.9% (666,452)
Aggregate household income in Magnolia in 2022: $166,763,143
Median family income in Magnolia in 2022:
Magnolia:
$90,859
State:
$117,988
Number of families with income $10k - 20k:
Magnolia:
1.2% (14)
State:
3.2% (74,986)
Number of families with income $20k - 30k:
Magnolia:
9.3% (101)
State:
3.5% (82,889)
Number of families with income $30k - 40k:
Magnolia:
3.9% (42)
New Jersey:
4.6% (109,787)
Number of families with income $40k - 50k:
Magnolia:
8.4% (91)
State:
4.5% (107,202)
Number of families with income $50k - 60k:
Magnolia:
20.0% (217)
State:
4.8% (114,765)
Number of families with income $60k - 75k:
Magnolia:
7.1% (77)
New Jersey:
7.5% (179,372)
Number of families with income $75k - 100k:
Magnolia:
4.9% (53)
New Jersey:
11.5% (274,497)
Number of families with income $100k - 125k:
Magnolia:
13.6% (149)
State:
10.9% (260,033)
Number of families with income $125k - 150k:
Magnolia:
6.8% (74)
New Jersey:
9.0% (214,872)
Number of families with income $150k - 200k:
Magnolia:
17.4% (189)
State:
13.8% (328,605)
Number of families with income > $200k:
Magnolia:
7.5% (81)
State:
24.3% (578,135)
Median non-family income in Magnolia in 2022:
Magnolia:
$62,361
State:
$54,589
Change in median non-family income between 2000 and 2022:
Magnolia, New Jersey:
+116.9%
State:
+74.4%
Median per capita income in Magnolia in 2022:
Magnolia:
$38,453
New Jersey:
$51,272
Change in median per capita income between 2000 and 2022:
Magnolia, New Jersey:
+102.0%
New Jersey:
+89.9%
Income statistics for White residents
Median household income in Magnolia, NJ in 2022:
Magnolia:
$73,121
State:
$105,428
Change in median household income between 2000 and 2022:
Magnolia, New Jersey:
+55.9%
State:
+78.2%
Number of households with income < $10k:
Magnolia:
2.3% (30)
State:
3.5% (73,676)
Number of households with income $10k - 20k:
Magnolia:
4.1% (54)
State:
4.3% (90,086)
Number of households with income $20k - 30k:
Magnolia:
4.4% (58)
State:
4.7% (99,511)
Number of households with income $30k - 40k:
Magnolia:
4.1% (55)
New Jersey:
5.2% (109,051)
Number of households with income $40k - 50k:
Magnolia:
10.7% (142)
New Jersey:
4.9% (101,931)
Number of households with income $50k - 60k:
Magnolia:
13.8% (184)
New Jersey:
5.4% (112,379)
Number of households with income $60k - 75k:
Magnolia:
12.3% (164)
State:
7.7% (162,379)
Number of households with income $75k - 100k:
Magnolia:
14.5% (193)
State:
11.6% (242,478)
Number of households with income $100k - 125k:
Magnolia:
14.1% (187)
State:
10.4% (218,622)
Number of households with income $125k - 150k:
Magnolia:
5.8% (77)
State:
8.5% (177,925)
Number of households with income $150k - 200k:
Magnolia:
7.9% (105)
State:
12.5% (262,429)
Number of households with income > $200k:
Magnolia:
6.1% (81)
State:
21.3% (446,393)
Aggregate household income in Magnolia in 2022: $118,677,514
Median family income in Magnolia in 2022:
Magnolia:
$89,048
New Jersey:
$133,117
Number of families with income $10k - 20k:
Magnolia:
2.2% (17)
State:
1.9% (26,388)
Number of families with income $20k - 30k:
Magnolia:
5.1% (38)
New Jersey:
2.4% (33,161)
Number of families with income $30k - 40k:
Magnolia:
3.2% (24)
State:
3.2% (43,969)
Number of families with income $40k - 50k:
Magnolia:
7.9% (59)
State:
3.5% (48,685)
Number of families with income $50k - 60k:
Magnolia:
24.7% (185)
New Jersey:
4.1% (57,095)
Number of families with income $60k - 75k:
Magnolia:
5.4% (40)
New Jersey:
6.7% (92,267)
Number of families with income $75k - 100k:
Magnolia:
7.3% (55)
State:
11.5% (158,630)
Number of families with income $100k - 125k:
Magnolia:
13.2% (99)
State:
11.5% (158,059)
Number of families with income $125k - 150k:
Magnolia:
9.1% (68)
New Jersey:
9.8% (134,575)
Number of families with income $150k - 200k:
Magnolia:
13.5% (101)
State:
15.5% (212,728)
Number of families with income > $200k:
Magnolia:
8.3% (62)
New Jersey:
28.3% (389,541)
Median non-family income in Magnolia in 2022:
Magnolia:
$65,043
State:
$58,680
Median per capita income in Magnolia in 2022:
Magnolia:
$41,207
State:
$61,044
Change in median per capita income between 2000 and 2022:
Magnolia, New Jersey:
+113.8%
State:
+101.8%
Income statistics for Black or African American residents
Median household income in Magnolia, NJ in 2022:
Magnolia:
$78,770
State:
$65,850
Change in median household income between 2000 and 2022:
Magnolia, New Jersey:
+127.8%
New Jersey:
+71.0%
Number of households with income < $10k:
Magnolia:
3.5% (10)
New Jersey:
8.9% (38,971)
Number of households with income $10k - 20k:
Magnolia:
0.0% (0)
State:
8.7% (38,456)
Number of households with income $20k - 30k:
Magnolia:
9.2% (26)
New Jersey:
7.3% (32,276)
Number of households with income $30k - 40k:
Magnolia:
0.0% (0)
State:
7.7% (33,867)
Number of households with income $40k - 50k:
Magnolia:
24.8% (70)
State:
7.5% (32,945)
Number of households with income $50k - 60k:
Magnolia:
3.9% (11)
State:
6.6% (29,115)
Number of households with income $60k - 75k:
Magnolia:
14.2% (40)
New Jersey:
8.9% (39,013)
Number of households with income $75k - 100k:
Magnolia:
4.6% (13)
State:
11.8% (51,915)
Number of households with income $100k - 125k:
Magnolia:
16.7% (47)
New Jersey:
9.1% (40,243)
Number of households with income $125k - 150k:
Magnolia:
0.0% (0)
State:
6.3% (27,533)
Number of households with income $150k - 200k:
Magnolia:
17.4% (49)
New Jersey:
8.3% (36,645)
Number of households with income > $200k:
Magnolia:
5.7% (16)
New Jersey:
8.9% (38,974)
Aggregate household income in Magnolia in 2022: $28,078,301
Median non-family income in Magnolia in 2022:
Magnolia:
$59,482
State:
$40,126
Change in median non-family income between 2000 and 2022:
Magnolia, New Jersey:
+92.1%
State:
+64.3%
Median per capita income in Magnolia in 2022:
Magnolia:
$40,607
State:
$35,632
Change in median per capita income between 2000 and 2022:
Magnolia, New Jersey:
+117.7%
State:
+104.7%
Income statistics for Asian residents
Median household income in Magnolia, NJ in 2022:
Magnolia:
$110,463
State:
$144,878
Number of households with income < $10k:
Magnolia:
0.0% (0)
New Jersey:
3.8% (12,441)
Number of households with income $10k - 20k:
Magnolia:
0.0% (0)
State:
3.1% (9,957)
Number of households with income $20k - 30k:
Magnolia:
0.0% (0)
New Jersey:
3.1% (10,104)
Number of households with income $30k - 40k:
Magnolia:
0.0% (0)
New Jersey:
3.6% (11,819)
Number of households with income $40k - 50k:
Magnolia:
22.3% (21)
State:
2.6% (8,334)
Number of households with income $50k - 60k:
Magnolia:
0.0% (0)
State:
3.6% (11,799)
Number of households with income $60k - 75k:
Magnolia:
0.0% (0)
New Jersey:
5.4% (17,671)
Number of households with income $75k - 100k:
Magnolia:
0.0% (0)
State:
9.0% (29,301)
Number of households with income $100k - 125k:
Magnolia:
36.2% (34)
New Jersey:
9.6% (31,368)
Number of households with income $125k - 150k:
Magnolia:
6.4% (6)
State:
8.1% (26,318)
Number of households with income $150k - 200k:
Magnolia:
10.6% (10)
New Jersey:
14.3% (46,703)
Number of households with income > $200k:
Magnolia:
24.5% (23)
State:
33.8% (110,048)
Aggregate household income in Magnolia in 2022: $11,791,444
Median family income in Magnolia in 2022:
Magnolia:
$114,409
New Jersey:
$162,032
Number of families with income $40k - 50k:
Magnolia:
34.8% (20)
New Jersey:
2.1% (5,357)
Number of families with income $60k - 75k:
Magnolia:
16.5% (10)
State:
4.9% (12,419)
Number of families with income $100k - 125k:
Magnolia:
38.5% (23)
State:
9.2% (23,481)
Number of families with income $125k - 150k:
Magnolia:
10.3% (6)
State:
8.7% (22,147)
Median per capita income in Magnolia in 2022:
Magnolia:
$34,832
State:
$62,411
Income statistics for Hispanic or Latino residents
Median household income in Magnolia, NJ in 2022:
Magnolia:
$102,752
New Jersey:
$72,170
Number of households with income < $10k:
Magnolia:
0.0% (0)
State:
4.6% (29,004)
Number of households with income $10k - 20k:
Magnolia:
6.4% (12)
State:
7.9% (50,233)
Number of households with income $20k - 30k:
Magnolia:
6.4% (12)
New Jersey:
6.7% (42,724)
Number of households with income $30k - 40k:
Magnolia:
0.0% (0)
State:
8.3% (52,621)
Number of households with income $40k - 50k:
Magnolia:
0.0% (0)
New Jersey:
6.6% (41,539)
Number of households with income $50k - 60k:
Magnolia:
20.2% (38)
New Jersey:
6.9% (43,976)
Number of households with income $60k - 75k:
Magnolia:
14.4% (27)
State:
10.4% (66,157)
Number of households with income $75k - 100k:
Magnolia:
0.0% (0)
State:
12.7% (80,102)
Number of households with income $100k - 125k:
Magnolia:
52.7% (99)
State:
10.1% (63,832)
Number of households with income $125k - 150k:
Magnolia:
0.0% (0)
State:
7.6% (47,874)
Number of households with income $150k - 200k:
Magnolia:
0.0% (0)
State:
8.3% (52,287)
Number of households with income > $200k:
Magnolia:
0.0% (0)
State:
9.9% (62,842)
Aggregate household income in Magnolia in 2022: $14,447,214
Median family income in Magnolia in 2022:
Magnolia:
$56,190
State:
$77,272
Number of families with income $20k - 30k:
Magnolia:
13.6% (13)
New Jersey:
6.5% (30,501)
Number of families with income $50k - 60k:
Magnolia:
64.3% (63)
New Jersey:
6.7% (31,451)
Number of families with income $60k - 75k:
Magnolia:
10.9% (11)
State:
11.1% (52,120)
Number of families with income $100k - 125k:
Magnolia:
11.2% (11)
State:
10.9% (51,355)
Median per capita income in Magnolia in 2022:
Magnolia:
$30,576
State:
$30,987
Income statistics for Multirace residents
Number of households with income < $10k:
Magnolia:
0.0% (0)
State:
4.4% (15,172)
Number of households with income $10k - 20k:
Magnolia:
0.0% (0)
New Jersey:
7.1% (24,399)
Number of households with income $20k - 30k:
Magnolia:
0.0% (0)
State:
5.8% (19,827)
Number of households with income $30k - 40k:
Magnolia:
0.0% (0)
New Jersey:
6.7% (23,047)
Number of households with income $40k - 50k:
Magnolia:
67.9% (19)
New Jersey:
5.9% (20,379)
Number of households with income $50k - 60k:
Magnolia:
0.0% (0)
State:
5.8% (19,984)
Number of households with income $60k - 75k:
Magnolia:
32.1% (9)
New Jersey:
9.4% (32,244)
Number of households with income $75k - 100k:
Magnolia:
0.0% (0)
New Jersey:
12.8% (43,746)
Number of households with income $100k - 125k:
Magnolia:
0.0% (0)
New Jersey:
10.4% (35,588)
Number of households with income $125k - 150k:
Magnolia:
0.0% (0)
State:
7.7% (26,354)
Number of households with income $150k - 200k:
Magnolia:
0.0% (0)
State:
9.9% (33,977)
Number of households with income > $200k:
Magnolia:
0.0% (0)
State:
14.1% (48,377)
Aggregate household income in Magnolia in 2022: $4,253,526
Median per capita income in Magnolia in 2022:
Magnolia:
$29,422
New Jersey:
$36,016
Income statistics for other residents
Number of households with income < $10k:
Magnolia:
0.0% (0)
State:
4.7% (13,969)
Number of households with income $10k - 20k:
Magnolia:
48.0% (12)
New Jersey:
8.9% (26,341)
Number of households with income $20k - 30k:
Magnolia:
52.0% (13)
State:
7.1% (21,158)
Number of households with income $30k - 40k:
Magnolia:
0.0% (0)
State:
9.6% (28,479)
Number of households with income $40k - 50k:
Magnolia:
0.0% (0)
State:
6.6% (19,415)
Number of households with income $50k - 60k:
Magnolia:
0.0% (0)
State:
7.5% (22,348)
Number of households with income $60k - 75k:
Magnolia:
0.0% (0)
New Jersey:
10.5% (31,179)
Number of households with income $75k - 100k:
Magnolia:
0.0% (0)
State:
13.3% (39,515)
Number of households with income $100k - 125k:
Magnolia:
0.0% (0)
State:
9.4% (27,806)
Number of households with income $125k - 150k:
Magnolia:
0.0% (0)
State:
7.1% (20,898)
Number of households with income $150k - 200k:
Magnolia:
0.0% (0)
State:
7.8% (23,101)
Number of households with income > $200k:
Magnolia:
0.0% (0)
State:
7.4% (21,791)
Aggregate household income in Magnolia in 2022: $3,339,619
Median per capita income in Magnolia in 2022:
Magnolia:
$17,405
State:
$27,830
Change in median per capita income between 2000 and 2022:: -47.0%
Magnolia, New Jersey:
-47.0%
State:
+117.5%
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-47.0%
+117.5%