Economy & Jobs — Magnolia, Iowa

Income & Employment

Median Household Income (Census)$78,393
Estimated 2026~$82,600
Per Capita Income$40,047
Poverty Rate1.1%
Unemployment Rate1.1%
In Labor Force75

Top Industries

IndustryShare
Education Healthcare27.0%
Other Services16.2%
Manufacturing14.9%

Local Businesses (County)

TypeCount
Commercial Banks13
Insurance Agencies13
Fast Food12
Gas Stations8
Full Service Restaurants7
Law Offices5
Grocery Stores4
Nursing Care4
Bars4
General Merchandise3
Auto Repair3
Funeral Homes3
Physician Offices3
Dental Offices3
Chiropractors3
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.