Economy & Jobs — Magnolia, Minnesota
Income & Employment
| Median Household Income (Census) | $53,594 |
|---|
| Estimated 2026 | ~$53,700 |
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| Per Capita Income | $25,648 |
|---|
| Poverty Rate | 16.3% |
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| Unemployment Rate | 1.5% |
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| In Labor Force | 122 |
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Top Industries
| Industry | Share |
|---|
| Education Healthcare | 30.3% |
| Manufacturing | 22.7% |
| Public Admin | 10.1% |
Local Businesses (County)
| Type | Count |
|---|
| Insurance Agencies | 9 |
| Commercial Banks | 6 |
| Law Offices | 5 |
| Full Service Restaurants | 5 |
| Fast Food | 5 |
| Bars | 4 |
| Gas Stations | 3 |
| New Car Dealers | 3 |
| Beauty Salons | 3 |
| Auto Repair | 3 |
Sources: Census ACS 5-Year 2023; BLS QCEW 2023; Census ACS 5-Year 2023, B19013.
