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The total population of Magnolia town is estimated to be 843 with 414 males (49.11%) and 429 females (50.89%). There are 15 more females than males in Magnolia town.
The median household income in Magnolia town was $58,843 in 2021, which marked an a decrease of 587(0.99%) from $59,430 in 2020. This income is 78.87% of the U.S. median household income of $74,606 (all incomes in 2022 inflation-adjusted dollars).
Per the latest American Community Survey by the Census Bureau, Magnolia town sees its highest median household income among householders in the age group of 25 to 44 years old, at $80,393. Overall, the median household income for the town of Magnolia town stands at $58,843.
In Magnolia town, the median income for all workers aged 15 years and older, regardless of work hours, was $58,318 for males and $40,534 for females. However, when specifically considering full-time, year-round workers within the same age group, the median income was $58,727 for males and $52,424 for females.
In Magnolia town, population is primarily represented by White households, reporting a median income of $58,722.
In 2022, the population of Magnolia town was 758, a 0.93% increase year-by-year from 2021. Previously, in 2021, Magnolia town's population was 751, an increase of 1.08% compared to a population of 743 in 2020.
The median age in Magnolia, Wisconsin is 56.3, as per 2021 ACS 5-Year Estimates. Of the total population, 13.01% were under the age of 15, 9.14% aged 15 to 29, 52.64% aged 30 to 64, 22.98% aged 65 to 84, and 2.23% were 85 years of age and older.
Racial distribution of Magnolia town population: 92.15% are White, 5.86% are some other race and 1.99% are multiracial.