Magnolia, MS
3,059Residents
$55,057Median household income
$939/moMedian gross rent
$72,500Median home value
36.0Median age
9%Adults with a bachelor’s degree or higher
78%Homes lived in by their owners
1.3×Home value to household income
Median rent takes about 20% 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 $38,000 a year. In Mississippi that leaves roughly $2,599 a month after tax. See the full paycheck breakdown for $40,000.
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Source: Census ACS 2024 ACS 5-year, places. Small places carry larger margins of error.