Magnolia Springs, AL 36555 has a population of approximately 678 and experiences a population change rate of 268.48%. The population density is 804.3 / sq mi .
Magnolia Springs, AL 36555 has a population of approximately 678 and experiences a population change rate of 268.48%. The population density is 804.3 / sq mi .
The median household income for Magnolia Springs, AL 36555 is $86,591, with 446 households and an average household size of 3.03.
The median value of a home in Magnolia Springs, AL 36555 is $338,700 with an appreciation rate of 15.30%. 62.29% of housing in the state is owned while 6.65% is rented.
The cost of living in Magnolia Springs, AL 36555 is 95.8 %.
The unemployment rate in Magnolia Springs, AL 36555 is 1.60%, and recent job growth is at 2.06%. Future job growth is projected at 48.30%.
The sales tax rate in Magnolia Springs, AL 36555 is 10.00%, while the income tax rate is 5.00% .
School expenditures in Magnolia Springs, AL 36555 are $12,984, and the school ratio is 17.7:1.
The average high temperature in July is 90.4 degrees, with an average low temperature in January of 38.3 degrees. The average rainfall is approximately 65.7 inches per year, with 0 inches of snow per year.