Magnolia, IA
180Residents
$78,393Median household income
$1,354/moMedian gross rent
$107,100Median home value
43.6Median age
18%Adults with a bachelor’s degree or higher
91%Homes lived in by their owners
1.4×Home value to household income
Median rent takes about 21% of the median household income in Magnolia.
What pay do you need to rent here?
To keep rent at or below 30% of gross pay, you would need about $54,000 a year. In Iowa that leaves roughly $3,626 a month after tax. See the full paycheck breakdown for $55,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.