Cost of Living in Magnolia, MS
Population 3,264 · Mississippi · Data vintage 2023
(100 = US avg)
At $37,447, median household incomes in Magnolia land roughly 50% below the US median, a gap that tends to persist across local labor-market indicators. Around 31% of residents live below the federal poverty line, a rate that tends to correlate with the income and housing figures above.
Located 65 miles northeast of Baton Rouge, Magnolia is far enough out that local conditions diverge meaningfully from the big-metro baseline. Median home values run roughly 73% lower than Baton Rouge's $225,000.
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 $60,000 — 80% below the national median of $305,000. Median rent runs $890/month, 32% lower than the national median of $1,314/month. The median household income of $37,447/year is 50% lower than the US median of $74,580. The local unemployment rate is 5.2%, above the national average of 4.8%. Mississippi's top state income tax rate is 4.7% and the combined sales tax is 7.1%. The climate averages highs of 77.0°F and lows of 55.3°F. Overall, Magnolia has a cost of living index of 39 versus the US average of 100, meaning it is 61% less expensive.
Magnolia has limited residential data
Detailed housing and income data is limited for this location. Here are the nearest cities with full cost of living data:
🏠 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 | 60 | 64 | 71 | 77 | 84 | 89 | 91 | 91 | 87 | 79 | 69 | 62 |
| Low °F | 38 | 42 | 48 | 54 | 62 | 69 | 71 | 71 | 67 | 56 | 45 | 41 |
| Precip" | 6.40 | 5.13 | 5.51 | 5.02 | 4.55 | 5.18 | 5.95 | 5.83 | 4.30 | 3.79 | 3.91 | 5.03 |
| Snow" | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 |
🏫 Schools
NCES CCD 2019 — public school district data
Frequently Asked Questions
What is the cost of living in Magnolia, MS?
Magnolia has a cost index of 39 (100 = national average). It is 61% below the national average.
What is average rent in Magnolia, MS?
The median gross rent in Magnolia is $890 per month based on 2023 Census data.
What is the average home price in Magnolia?
The median home value in Magnolia is $60,000 according to Zillow and Census data.
What is the median income in Magnolia?
The median household income in Magnolia is $37,447 per year (2023 ACS 5-year estimates).
What is the sales tax in Magnolia, MS?
The combined state and local sales tax rate in Magnolia is 7.1%. The Mississippi state income tax top rate is 4.7%.
Is Magnolia, MS affordable?
Yes, Magnolia is generally considered affordable, with a cost of living index of 39 — about 61% below the US national average of 100.
What is the weather like in Magnolia?
Magnolia has average high temperatures of 77.0°F and average lows of 55.3°F. Annual precipitation is 60.6". Average annual snowfall is 0.2". Data from NOAA 1991–2020 Climate Normals.
Magnolia at a Glance
- Population
- 3,264
- Median Income
- $37,447
- Home Value
- $60,000
- Median Rent
- $890/mo
- Unemployment
- 5.2%
- Avg High Temp
- 77.0°F
- Sales Tax
- 7.1%
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Mississippi Rankings
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