Magnolia is a small town, and as such doesn't have a public transit system that people use to get to and from their jobs every day.
The percentage of people in Magnolia with college degrees is quite a bit lower than the national average for cities and towns of 21.84%: just 11.09% of people over 25 have a bachelor's degree or advanced degree.
The per capita income in Magnolia in 2022 was $18,276, which is low income relative to North Carolina and the nation. This equates to an annual income of $73,104 for a family of four. However, Magnolia contains both very wealthy and poor people as well. Magnolia also has one of the higher rates of people living in poverty in the nation, with 38.14% of its population below the federal poverty line.
Magnolia is an extremely ethnically-diverse town. The people who call Magnolia home describe themselves as belonging to a variety of racial and ethnic groups. People of Hispanic or Latino origin are the most prevalent group in Magnolia, accounting for 36.65% of the town’s residents (people of Hispanic or Latino origin can be of any race). The greatest number of Magnolia residents report their race to be Black or African-American, followed by White. Important ancestries of people in Magnolia include Irish, European, African, German, and Scottish.
Foreign born people are also an important part of Magnolia's cultural character, accounting for 21.40% of the town’s population.
The most common language spoken in Magnolia is English. Other important languages spoken here include Spanish and German/Yiddish.
