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Magnolia, AR 71753 has a population of approximately 16,813 and experiences a population change rate of -1.99%. The population density is 52.8 / sq mi .
The median household income for Magnolia, AR 71753 is $38,526, with 5,540 households and an average household size of 2.69.
The median value of a home in Magnolia, AR 71753 is $121,100 with an appreciation rate of 17.90%. 49.50% of housing in the state is owned while 24.66% is rented.
The cost of living in Magnolia, AR 71753 is 80.4 %.
The unemployment rate in Magnolia, AR 71753 is 3.30%, and recent job growth is at 1.30%. Future job growth is projected at 30.77%.
The sales tax rate in Magnolia, AR 71753 is 10.38%, while the income tax rate is 5.50% .
School expenditures in Magnolia, AR 71753 are $13,189, and the school ratio is 11.6:1.
The average high temperature in July is 92.1 degrees, with an average low temperature in January of 32.2 degrees. The average rainfall is approximately 53.5 inches per year, with 1.6 inches of snow per year.