Magnolia, KY Employment - Median Household Income, Unemployment Rate

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F

41%

Income/capita NAT. AVG.

15%

Household income NAT. AVG.

14%

Unemployment NAT. AVG.

Index	Magnolia	Kentucky	National
Income per capita	$17,579	$24,802	$29,829
Median household income	$47,063	$44,811	$55,322
Median income owner occupied	$48,507	$56,922	$70,586
Median income renter occupied	$45,250	$26,529	$35,192
Median earnings male	$40,505	$32,723	$36,919
Median earnings female	$19,514	$23,082	$26,250
Unemployment rate	5.3%	4.5%	4.7%
Poverty level	25.2%	18.8%	15.1%

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Key findings

The income per capita in Magnolia is 41% lower than the national average
The median household income in Magnolia is 15% lower than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Magnolia is 14% higher than the national average
The poverty level in Magnolia is 67% higher than the national average

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am i middle class

$31,372 $47,063 $94,126

City

$29,871 $44,811 $89,622

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	13.4%	13.4%
Manufacturing sector	42.5%	42.5%
Financial & insurance services	0.0%	0.0%
Wholesale & retail services	9.4%	9.4%
Public administration	0.0%	0.0%
Transportation, warehousing & utilities	0.0%	0.0%
Education, health & social services	0.0%	0.0%
Other	34.6%	34.6%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Cecilia, KY	552	$70,417	27.3%
New Haven, KY	742	$52,917	4.3%
Sonora, KY	981	$49,388	10.7%
Upton, KY	539	$49,318	10.9%
Hodgenville, KY	3,221	$35,547	35.7%
Magnolia, KY	695	$47,063	14.9%

Cities with similar population

City	Population	Household Income	National Avg.
Hollis Crossroads, AL	695	$46,532	15.9%
Elkhart, IA	695	$61,042	10.3%
Stanford, IL	695	$63,333	14.5%
Roachdale, IN	695	$48,636	12.1%
Fairfax, MO	695	$47,188	14.7%
Magnolia, KY	695	$47,063	14.9%

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