Magnolia, IL Employment - Median Household Income, Unemployment Rate

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C-

2%

Income/capita NAT. AVG.

3%

Household income NAT. AVG.

36%

Unemployment NAT. AVG.

Index	Magnolia	Illinois	National
Income per capita	$30,439	$31,502	$29,829
Median household income	$53,750	$59,196	$55,322
Median income owner occupied	$63,750	$75,354	$70,586
Median income renter occupied	$33,438	$34,488	$35,192
Median earnings male	$43,750	$40,474	$36,919
Median earnings female	$16,397	$27,197	$26,250
Unemployment rate	3.0%	5.3%	4.7%
Poverty level	16.8%	14.0%	15.1%

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Key findings

The income per capita in Magnolia is 2% higher than the national average
The median household income in Magnolia is 3% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Magnolia is 36% lower than the national average
The poverty level in Magnolia is 11% higher than the national average

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am i middle class

$35,829 $53,750 $107,500

City

$39,460 $59,196 $118,392

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Magnolia median earnings by income bracket

Magnolia employment by industry

Labour Type	Male	Female
Construction industry	2.7%	2.7%
Manufacturing sector	18.9%	18.9%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	16.2%	16.2%
Public administration	1.4%	1.4%
Transportation, warehousing & utilities	18.9%	18.9%
Education, health & social services	18.9%	18.9%
Other	23.0%	23.0%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Hopewell, IL	427	$83,125	50.3%
Mark, IL	534	$72,500	31.1%
McNabb, IL	237	$68,125	23.1%
Bureau Junction, IL	220	$67,500	22.0%
Hennepin, IL	835	$64,750	17.0%
Magnolia, IL	263	$53,750	2.8%

Cities with similar population

City	Population	Household Income	National Avg.
Cooper Landing, AK	263	$61,875	11.8%
Lemon Cove, CA	263	$56,250	1.7%
Hancock, IA	263	$51,667	6.6%
Randolph, IA	263	$68,646	24.1%
Stanley, ID	263	$66,179	19.6%
Magnolia, IL	263	$53,750	2.8%

Source: The Magnolia, IL employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).