Cost of Living in Magnolia, AR
Population 10,973 · Arkansas · Data vintage 2023
(100 = US avg)
Magnolia's median household income of $42,188 is a meaningful share below the national figure, which shapes most of the downstream economic indicators — from housing affordability to the share of residents living below the poverty line (26% here).
Magnolia is about 65 miles northeast of Shreveport, the nearest large metro — close enough that regional housing and labor patterns are shaped largely by the larger market. Housing prices track closely with Shreveport's $178,000 median.
Cost Overview
Scale: 100 = US national average. Green < 90, Red > 110.
About the Cost of Living in Magnolia
The median home value in Magnolia is $166,500 — 45% below the national median of $305,000. Median rent runs $622/month, 53% lower than the national median of $1,314/month. The median household income of $42,188/year is 43% lower than the US median of $74,580. The local unemployment rate is 3.1%, below the national average of 4.8%. Arkansas's top state income tax rate is 4.4% and the combined sales tax is 9.5%. The climate averages highs of 76.0°F and lows of 52.3°F. Overall, Magnolia has a cost of living index of 52 versus the US average of 100, meaning it is 48% less expensive.
🏠 Housing
HUD Fair Market Rents by Bedroom
💰 Estimated Monthly Budget
Estimates based on median data and national averages. Actual costs vary.
🛒 Food & Groceries
National BLS average prices (2023). Local prices may vary.
🚗 Transportation
Commute Mode
⚡ Utilities
📋 Taxes
💼 Income & Employment
🎓 Education
👥 Demographics
🌤 Climate
NOAA 1991–2020 Climate Normals
| Month | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| High °F | 56 | 60 | 69 | 76 | 84 | 91 | 94 | 94 | 88 | 78 | 66 | 58 |
| Low °F | 34 | 37 | 44 | 51 | 61 | 68 | 71 | 70 | 63 | 52 | 42 | 36 |
| Precip" | 4.39 | 4.47 | 5.10 | 5.39 | 4.81 | 3.88 | 3.43 | 3.40 | 3.23 | 4.58 | 3.83 | 5.61 |
Frequently Asked Questions
What is the cost of living in Magnolia, AR?
Magnolia has a cost index of 52 (100 = national average). It is 48% below the national average.
What is average rent in Magnolia, AR?
The median gross rent in Magnolia is $622 per month based on 2023 Census data.
What is the average home price in Magnolia?
The median home value in Magnolia is $166,500 according to Zillow and Census data.
What is the median income in Magnolia?
The median household income in Magnolia is $42,188 per year (2023 ACS 5-year estimates).
What is the sales tax in Magnolia, AR?
The combined state and local sales tax rate in Magnolia is 9.5%. The Arkansas state income tax top rate is 4.4%.
Is Magnolia, AR affordable?
Yes, Magnolia is generally considered affordable, with a cost of living index of 52 — about 48% below the US national average of 100.
What is the weather like in Magnolia?
Magnolia has average high temperatures of 76.0°F and average lows of 52.3°F. Annual precipitation is 52.1". Data from NOAA 1991–2020 Climate Normals.
Magnolia at a Glance
- Population
- 10,973
- Median Income
- $42,188
- Home Value
- $166,500
- Median Rent
- $622/mo
- Unemployment
- 3.1%
- Avg High Temp
- 76.0°F
- Sales Tax
- 9.5%
Explore county-level cost of living data
Arkansas Rankings
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