Magnolia, Mississippi
Moving to or Living in Magnolia Pros and Cons, Cost of Living, Crime Rate, Demographics
Living In Magnolia, Mississippi
Moving to Magnolia In Mississippi ? Find out the best and worst about to live, raise a family or retire in Magnolia, the Pros and Cons of Living in Magnolia.
Explore the life in Magnolia based on crime, public schools, cost of living, real estate, housing, properties, job opportunities, and local amenities data and Statistics.
About Magnolia, Mississippi
Is Magnolia, Mississippi a good place to live?
Magnolia is a city in Mississippi state in USA with a population of 2260 residents..
The poverty rate of Magnolia is 21.7%, which is 55% higher than national average.
The typical household in Magnolia earns $26140 a year, compared to the national median of $67,500.
Financial hardship is relatively common in the city as 1 in every 5 residents live below the poverty line, well above the national poverty rate of 14.1%. Additionally, more than 1 in every 5 area households live on an income of less than $10,000 a year. Nationwide, 5.8% of households do. Nearly 72.7% of households earn less than $50,000 a year compared to 39% national rate.
A high school education is a basic prerequisite for most jobs, and in Magnolia, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Magnolia remained 9.1%, which is 94% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Magnolia, only 17% of adults have a bachelor's degree and 23% have some college but no degree.
Cost of living in Magnolia is 0, which is 100% lower than national average. Median home value in Magnolia is $80800 , which is 65% lower than national average. While median income in Magnolia remained $26140, which is 61% lower than national average.
A high school education is a basic prerequisite for most jobs, and in Magnolia, only 77% of adults have a high school diploma, compared to the 87.7% of adults nationwide. The unemployment rate of Magnolia remained 9.1%, which is 94% higher than national rate. Nearly 2 times comparable to 4.7% national rate, according to the Census. Higher educational attainment can lead to improved job security and reduce the likelihood of financial insecurity. In Magnolia, only 17% of adults have a bachelor's degree and 23% have some college but no degree.
Cost of living in Magnolia is 0, which is 100% lower than national average. Median home value in Magnolia is $80800 , which is 65% lower than national average. While median income in Magnolia remained $26140, which is 61% lower than national average.
Population
2260
Unemployment
9.1%
Poverty
21.7%
Overall Score
4
Median Home
$80800
65%
NAT AVG.
Median Income
$26140
61%
NAT AVG.
Median Rent
$717
38%
NAT AVG.
People Living BPL
1 in 5
Unemployed People
1 in 11
People Earning < $10,000
1 in 5
People Earning < $50,000
72.7%
People with <= High School
1 in 1.7
People With Any Degree
1 in 4.3
Pros & Cons Overview
Jobs30%
Housing50%
Affordability50%
Safety50%
Amenities50%
Diversity85%
Education50%
Commute80%
Gender
Gender | Magnolia | Mississippi | Country |
---|---|---|---|
Female | 42.7% | 51.6% | 50.8% |
Male | 57.3% | 48.4% | 49.2% |
Gender
Household Income
Income | Magnolia | Mississippi | Country |
---|---|---|---|
Less than $10,000 | 19.3% | 9.4% | 5.8% |
$10,000 to $14,999 | 3.4% | 6.7% | 4.1% |
$15,000 to $24,999 | 25.5% | 12.3% | 8.5% |
$25,000 to $34,999 | 10.4% | 11% | 8.6% |
$35,000 to $49,999 | 14.1% | 13.5% | 12.0% |
$50,000 to $74,999 | 11.8% | 17% | 17.2% |
$75,000 to $99,999 | 7.8% | 11.4% | 12.8% |
$100,000 to $149,999 | 4.7% | 11.2% | 15.6% |
$150,000 to $199,999 | 0% | 4.1% | 7.1% |
$200,000 or more | 3% | 3.4% | 8.3% |
Education
Education | Magnolia | Mississippi | Country |
---|---|---|---|
< 9th Grade | 6% | 5% | 5.0% |
9-12th Grade | 17% | 10% | 7.0% |
High School or GED | 37% | 30% | 27.0% |
Other College | 17% | 22% | 20.0% |
Associate's Degree | 6% | 10% | 9% |
Bachelor's Degree | 12% | 14% | 20.0% |
Master's Degree | 3% | 6% | 9.0% |
Professional Degree | 1% | 2% | 2.0% |
Doctorate Degree | 1% | 1% | 1.0% |
Household Income
Education
Race / Ethnicity
Ethnicity | Magnolia | Mississippi | Country |
---|---|---|---|
White | 34.3% | 56.4% | 60.1% |
African American | 63.8% | 37.5% | 12.2% |
American Indian | 0% | 0.4% | 0.6% |
Asian | 0.4% | 1% | 5.6% |
Hawaiian | 0% | 0% | 0.2% |
Other | 0% | 0.2% | 0.3% |
Multiracial | 0.3% | 1.3% | 2.8% |
Hispanic | 1.2% | 3.2% | 18.2% |