Magnolia, KY 42757 has a population of approximately 2,903 and experiences a population change rate of -7.55%. The population density is 35.4 / sq mi .
Magnolia, KY 42757 has a population of approximately 2,903 and experiences a population change rate of -7.55%. The population density is 35.4 / sq mi .
The median household income for Magnolia, KY 42757 is $51,573, with 1,263 households and an average household size of 2.54.
The median value of a home in Magnolia, KY 42757 is $160,700 with an appreciation rate of 19.00%. 68.35% of housing in the state is owned while 17.80% is rented.
The cost of living in Magnolia, KY 42757 is 82.7 %.
The unemployment rate in Magnolia, KY 42757 is 3.40%, and recent job growth is at 1.83%. Future job growth is projected at 31.98%.
The sales tax rate in Magnolia, KY 42757 is 6.00%, while the income tax rate is 5.00% .
School expenditures in Magnolia, KY 42757 are $13,571, and the school ratio is 15.3:1.
The average high temperature in July is 87 degrees, with an average low temperature in January of 24.4 degrees. The average rainfall is approximately 50.4 inches per year, with 5.3 inches of snow per year.