Magnolia Springs, Alabama — Trends and Changes

How has Magnolia Springs, Alabama changed since 2009?

Compare Magnolia Springs with another town »

The population has grown about 52 percent, from 742 to 1,130 people; the median household income has risen from $49,522 to $86,818 (not adjusted for inflation); the typical home has gone from $319,000 to $442,400; and the share of people working from home has climbed from 4.8% to 25.6%. Figures come from the U.S. Census Bureau's American Community Survey 5-year releases, so each point is a rolling five-year estimate.

Relative Growth Since 2009
Each line starts at 100 in 2009; a line reaching 200 means that measure doubled. Exact values for each measure are in the charts and tables below. Source: ACS 5-year estimates.
At a Glance: Then and Now
Measure20092024Change
Population7421,130+52%
Median household income$49,522$86,818+75%
Median home value$319,000$442,400+39%
Median rent$980$1,146+17%
Median age40.7 yrs50.2 yrs+9.5 yrs
Average commute36.7 min30.0 min-6.7 min
College educated43.1%67.4%+24.3 points
Working from home4.8%25.6%+20.8 points
Poverty rate2.6%11.2%+8.6 points
Unemployment1.1%2.4%+1.3 points
Homeownership83.6%83.9%+0.3 points
Rent as share of income35.8%24.0%-11.8 points
Foreign-born residents0.7%1.2%+0.5 points
Broadband at home74.2%93.8%+19.6 points
Dollar figures are not adjusted for inflation. Source: U.S. Census Bureau, American Community Survey 5-year estimates.
Median Household Income

A typical household in Magnolia Springs earned $49,522 a year in 2009. By 2024 that figure had climbed to $86,818, a change of +75 percent before inflation.

Year Income Alabama average
2009 $49,522 $42,437
2010 $51,131 $43,720
2011 $51,538 $44,853
2012 $51,111 $45,080
2013 $47,391 $45,192
2014 $46,071 $45,396
2015 $47,614 $45,598
2016 $49,135 $46,825
2017 $49,926 $48,536
2018 $55,795 $50,367
2019 $63,295 $52,656
2020 $78,897 $54,336
2021 $81,786 $57,233
2022 $88,583 $62,334
2023 $93,000 $65,373
2024 $86,818 $67,652
Median Home Value

The median home in Magnolia Springs was worth $319,000 in 2009. Values slid as low as $210,300 in 2014 before recovering, and by 2024 the typical home was worth $442,400.

Year Home Value Alabama average
2009 $319,000 $125,974
2010 $258,300 $132,655
2011 $221,800 $135,477
2012 $216,700 $136,788
2013 $214,700 $136,732
2014 $210,300 $138,035
2015 $222,600 $139,232
2016 $230,000 $141,274
2017 $261,100 $144,332
2018 $250,000 $148,418
2019 $251,500 $153,437
2020 $283,100 $160,202
2021 $324,300 $169,466
2022 $348,100 $197,546
2023 $399,100 $213,508
2024 $442,400 $231,263
Population

Magnolia Springs counted 742 residents in 2009 and 1,130 in 2024. The population peaked around 1,443 in 2021.

Year Residents
2009 742
2010 684
2011 676
2012 867
2013 968
2014 766
2015 752
2016 740
2017 715
2018 815
2019 968
2020 1,129
2021 1,443
2022 1,325
2023 1,278
2024 1,130
Median Gross Rent

Renters here paid a median of $980 a month in 2009 and $1,146 by 2024. Local incomes have grown faster than rents over that stretch.

Year Rent
2009 $980
2010 $1,042
2011 $1,023
2012 $979
2013 $989
2014 $958
2015 $875
2016 $833
2017 $865
2018 $862
2019 $832
2020 $900
2021 $1,105
2022 $1,130
2023 $1,141
2024 $1,146
College Degrees, Remote Work and Broadband

The share of adults holding a college degree went from 43.1% to 67.4%. Meanwhile remote work went from 4.8% of workers to 25.6%, one of the biggest shifts in how people here live and work. Broadband reached 93.8% of households, from 74.2% in 2017.

Year College educated Working from home Broadband at home
2009 43.1% 4.8%
2010 54.8% 1.1%
2011 47% 10.5%
2012 47.7% 10.1%
2013 40.1% 9.1%
2014 38.5% 11.1%
2015 41.1% 13.2%
2016 43.7% 6.2%
2017 45.3% 9.8% 74.2%
2018 46.6% 10.1% 78.6%
2019 47.8% 7.1% 83.2%
2020 57.7% 18.8% 87.8%
2021 58.8% 16.3% 92.4%
2022 61.6% 16.9% 91.9%
2023 65.1% 18.8% 92.4%
2024 67.4% 25.6% 93.8%
Percent of adults with a college degree; percent of workers who work from home; percent of households with a broadband subscription (tracked since 2017).
Median Age

The median resident of Magnolia Springs was 40.7 years old in 2009. The town has been getting older since: the median age reached 50.2 by 2024.

Year Median age
2009 40.7
2010 48.7
2011 54.9
2012 54.9
2013 54.9
2014 56.2
2015 57.9
2016 62.7
2017 63.3
2018 60.5
2019 56.1
2020 48.8
2021 48.3
2022 48.6
2023 48.8
2024 50.2
Average Commute (Minutes)

Getting to work took an average of 36.7 minutes in 2009; it now takes about 30.0 minutes. Keep in mind this only counts people who commute at all.

Year Minutes
2009 36.7
2010 33.2
2011 33.8
2012 30.4
2013 27.6
2014 32.1
2015 35.3
2016 33.7
2017 38.4
2018 26.5
2019 41.4
2020 41.6
2021 50.7
2022 44.6
2023 39.9
2024 30
Poverty and Unemployment

About 11.2% of residents live below the poverty line, up from 2.6% in 2009. Unemployment stands at 2.4%.

Year Poverty rate Unemployment
2009 2.6%
2010 3.1%
2011 4.1% 1.1%
2012 3.9% 0.6%
2013 3.2% 0.8%
2014 5% 1.9%
2015 5.3% 2.7%
2016 7.8% 1.9%
2017 10.1% 3.1%
2018 8.4% 3.8%
2019 6.4% 1.8%
2020 4.4% 2.3%
2021 12% 2%
2022 12.2% 2.3%
2023 12.1% 2.1%
2024 11.2% 2.4%
Income Inequality (Gini Index)

The Gini index measures income inequality: 0 would mean every household earns the same, 1 would mean a single household earns everything. Magnolia Springs scores 0.43, up from 0.33 - incomes here have grown more unequal.

Year Gini index
2010 0.3
2011 0.4
2012 0.3
2013 0.4
2014 0.4
2015 0.4
2016 0.4
2017 0.5
2018 0.4
2019 0.4
2020 0.4
2021 0.5
2022 0.5
2023 0.4
2024 0.4
Housing: Ownership, Vacancy, Rent Burden

83.9% of occupied homes are owned by the people living in them, about the same as 83.6% in 2009. The typical renter puts 24.0% of household income toward rent. About 17.1% of housing units sit vacant.

Year Homeownership Rent as share of income Vacant units
2009 83.6% 35.8% 30.3%
2010 90% 36.7% 28.8%
2011 88.5% 35.8% 31.5%
2012 89.7% 34.8% 25.1%
2013 91.1% 36.4% 21.9%
2014 89.5% 37.5% 27.4%
2015 90.3% 35.4% 30.9%
2016 88.5% 38.8% 29.9%
2017 88.4% 50% 28.1%
2018 88.8% 51% 29.4%
2019 91.6% 51% 26.4%
2020 86.6% 22.8% 22.4%
2021 88% 22.9% 21.4%
2022 87.9% 23.1% 19.8%
2023 86.7% 24% 18.4%
2024 83.9% 24% 17.1%
Who Lives Here

1.2% of residents were born outside the United States, compared with 0.7% in 2009. Residents identifying as something other than non-Hispanic white make up 11.6% of the town, up from 0.7% at the start of the period.

Year Foreign-born Nonwhite or Hispanic
2009 0.7% 0.7%
2010 0.9% 0.9%
2011 1.3% 0.9%
2012 0.9% 0.6%
2013 3.1% 7.3%
2014 3.4% 9.3%
2015 4.1% 9%
2016 3.8% 7.8%
2017 4.1% 8.1%
2018 1.3% 16.2%
2019 1.7% 14.7%
2020 1.2% 8.6%
2021 0.6% 14.6%
2022 0.7% 9.6%
2023 0.9% 7%
2024 1.2% 11.6%