Magnolia Springs, Alabama — Trends and Changes
How has Magnolia Springs, Alabama changed since 2009?
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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.
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.
| Measure | 2009 | 2024 | Change |
|---|---|---|---|
| Population | 742 | 1,130 | +52% |
| Median household income | $49,522 | $86,818 | +75% |
| Median home value | $319,000 | $442,400 | +39% |
| Median rent | $980 | $1,146 | +17% |
| Median age | 40.7 yrs | 50.2 yrs | +9.5 yrs |
| Average commute | 36.7 min | 30.0 min | -6.7 min |
| College educated | 43.1% | 67.4% | +24.3 points |
| Working from home | 4.8% | 25.6% | +20.8 points |
| Poverty rate | 2.6% | 11.2% | +8.6 points |
| Unemployment | 1.1% | 2.4% | +1.3 points |
| Homeownership | 83.6% | 83.9% | +0.3 points |
| Rent as share of income | 35.8% | 24.0% | -11.8 points |
| Foreign-born residents | 0.7% | 1.2% | +0.5 points |
| Broadband at home | 74.2% | 93.8% | +19.6 points |
Dollar figures are not adjusted for inflation. Source: U.S. Census Bureau, American Community Survey 5-year estimates.
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 |
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 |
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 |
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 |
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).
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 |
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 |
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% |
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 |
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% |
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% |