Because of many things, Magnolia is a great place for families with children to consider. First of all, many other families with children live here, making Magnolia a place where both parents and children are more likely to develop social ties with other families, as well as find family-oriented services and community. The town’s good public school district and large population of college-educated adults provide an environment conducive to academic values. With regard to real estate, Magnolia has a high rate of owner-occupied single family homes, which tends to reflect stability in the local community. Finally, Magnolia’s overall crime rate ranks among the lowest in the country, making it one of the safest places to raise a family.
As is often the case in a small town, Magnolia doesn't have a public transportation system that people use for their commute.
The percentage of adults in Magnolia with college degrees is slightly lower than the national average of 21.84% for all communities. 14.57% of adults in Magnolia have a bachelor's degree or advanced degree.
The per capita income in Magnolia in 2022 was $21,180, which is lower middle income relative to Kentucky, and low income relative to the rest of the US. This equates to an annual income of $84,720 for a family of four. Magnolia also has one of the higher rates of people living in poverty in the nation, with 30.46% of its population below the federal poverty line.
Magnolia is a very ethnically-diverse town. The people who call Magnolia home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Magnolia residents report their race to be White, followed by Black or African-American. Important ancestries of people in Magnolia include English, Irish, German, Scottish, and Yugoslavian.
The most common language spoken in Magnolia is English. Other important languages spoken here include African languages and Arabic.
