Economy & Jobs — Magnolia, Iowa
Income & Employment
| Median Household Income (Census) | $78,393 |
| Estimated 2026 | ~$82,600 |
| Per Capita Income | $40,047 |
| Poverty Rate | 1.1% |
| Unemployment Rate | 1.1% |
| In Labor Force | 75 |
Top Industries
| Industry | Share |
| Education Healthcare | 27.0% |
| Other Services | 16.2% |
| Manufacturing | 14.9% |
Local Businesses (County)
| Type | Count |
| Commercial Banks | 13 |
| Insurance Agencies | 13 |
| Fast Food | 12 |
| Gas Stations | 8 |
| Full Service Restaurants | 7 |
| Law Offices | 5 |
| Grocery Stores | 4 |
| Nursing Care | 4 |
| Bars | 4 |
| General Merchandise | 3 |
| Auto Repair | 3 |
| Funeral Homes | 3 |
| Physician Offices | 3 |
| Dental Offices | 3 |
| Chiropractors | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.