Magnolia is a small town where college students really create the town feel and character. So many small towns have lost population over the last 20-30 years that having the local college presence in the Magnolia area, with all of the energy of the students filling area dorms and apartments each fall, really helps Magnolia maintain a good economy.
Residents of the city have the good fortune of having one of the shortest daily commutes compared to the rest of the country. On average, they spend only 18.65 minutes getting to work every day.
The percentage of adults in Magnolia who are college-educated is close to the national average for all communities of 21.84%: 20.72% of the adults in Magnolia have a bachelor's degree or advanced degree.
The per capita income in Magnolia in 2022 was $22,896, which is lower middle income relative to Arkansas, and low income relative to the rest of the US. This equates to an annual income of $91,584 for a family of four. However, Magnolia contains both very wealthy and poor people as well.
Magnolia is an extremely ethnically-diverse city. 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, African, and Scots-Irish.
The most common language spoken in Magnolia is English. Other important languages spoken here include Spanish and French.
