Median Income
$73,333
household / year
Median Home Value
$107,300
owner-occupied
Median Rent
N/A
gross / month
Cost of Living
92
national avg = 100

Is Magnolia, IA a Good Place to Live?

Magnolia is a small town of 144 in Iowa, with a median household income of $73,333 and a 1.3% unemployment rate. Its cost of living index is 92 (US average = 100), which is 8% below the national average.

Strengths: Magnolia stands out for an affordable cost of living, below-average home prices, short average commutes.

Trade-offs: No major red flags stand out in the available data. Whether Magnolia is right for you depends on your priorities — the full breakdown is below.

All Magnolia city data on this page comes from official government sources — the US Census Bureau, FBI, NCES, BEA, and NOAA — updated annually.

Cost of Living

Index: 92.5

Magnolia's overall cost of living index is 92.5, where 100 represents the US national average. Living in Magnolia costs roughly 8% less than the average American city.

Metric Magnolia, IA National Avg
Median Home Value $107,300 $244,900
Median Monthly Rent N/A $1,163
Homeownership Rate 91.9% 65.9%
Median Household Income $73,333 $74,755

Crime & Safety

Crime data for Magnolia is not currently available from the FBI's Uniform Crime Reporting program. Not all local agencies report to the UCR each year.

Schools & Education

Metric Magnolia, IA National Avg
School District N/A —
Elementary Schools N/A —
Middle Schools N/A —
High Schools N/A —
Student/Teacher Ratio N/A 16:1
Bachelor's Degree or Higher 11.0% 35.4%
High School Diploma or Higher 92.7% 91.1%

Weather & Climate

Magnolia sees average highs of 30.7°F in January and 85.6°F in July, with 34.4 inches of annual precipitation and 28.7 inches of snow per year.

MetricMagnolia, IA
Average High — January30.7°F
Average High — July85.6°F
Annual Precipitation34.4"
Annual Snowfall28.7"

Demographics

MetricMagnolia, IANational Avg
Population144—
Median Age55.038.9
Unemployment Rate1.3%3.7%
Avg Commute Time24.6 min26 min
White (non-Hispanic)97.9%59.3%
Black or African American0.0%13.6%
Hispanic or Latino0.0%18.9%
Asian0.0%6.3%
Under 1817.4%22.2%
65 and over24.3%16.8%

Nearby Cities

ZIP Codes in Magnolia

Magnolia, IA is covered by 1 ZIP code:

Magnolia vs Other Cities

Frequently Asked Questions

Magnolia's cost of living index is 92, where 100 is the national average. That makes Magnolia roughly 8% less expensive than a typical US city — a meaningful affordability advantage. The median home price is $107,300 and median rent is N/A/month.
Crime data for Magnolia is not available in the current FBI UCR reporting year. Not all jurisdictions submit data annually.
School district information is sourced from NCES Common Core of Data.
Magnolia, IA has a population of 144, a median household income of $73,333, and an unemployment rate of 1.3%. It offers below-average costs of living, which stretches take-home pay further than in most American cities. Whether it's right for you depends on your priorities — use the compare tool above to stack it against another city you're considering.
Magnolia averages 30.7°F in January and 85.6°F in July. Annual rainfall is 34.4 inches with about 28.7 inches of snow per year. Based on NOAA 30-year climate normals (1991–2020).
Magnolia, IA is covered by 1 ZIP code: 51550.
The population of Magnolia, Iowa is 144 with a median age of 55.0. Source: US Census ACS 5-Year Estimates.
Key numbers for living in Magnolia: cost of living index 92 (100 = US average), median home $107,300, median household income $73,333. Whether these are benefits or drawbacks depends on where you're coming from — compare Magnolia side by side with your current city to see the trade-offs.