The median household income in Magnolia Springs, AL in 2022 was $87,180, which was 31.6% greater than the median annual income of $59,674 across the entire state of Alabama. Compared to the median income of $40,250 in 2000 this represents an increase of 53.8%. The per capita income in 2022 was $42,997, which means an increase of 51.6% compared to 2000 when it was $20,826.
Whole page based on the data from 2000 / 2022 when the population of Magnolia Springs, Alabama was 723 / 1,399
Income statistics for all residents
Median household income in Magnolia Springs, AL in 2022:
Magnolia Springs:
$87,180
State:
$59,674
Change in median household income between 2000 and 2022:
Magnolia Springs, Alabama:
+116.6%
State:
+74.8%
Number of households with income < $10k:
Magnolia Springs:
8.4% (45)
State:
7.6% (152,705)
Number of households with income $10k - 20k:
Magnolia Springs:
8.6% (46)
State:
9.8% (197,409)
Number of households with income $20k - 30k:
Magnolia Springs:
7.1% (38)
State:
9.1% (183,727)
Number of households with income $30k - 40k:
Magnolia Springs:
2.1% (11)
State:
8.1% (164,262)
Number of households with income $40k - 50k:
Magnolia Springs:
5.6% (30)
State:
8.1% (163,755)
Number of households with income $50k - 60k:
Magnolia Springs:
3.9% (21)
State:
7.5% (151,424)
Number of households with income $60k - 75k:
Magnolia Springs:
12.9% (69)
Alabama:
9.2% (185,971)
Number of households with income $75k - 100k:
Magnolia Springs:
7.5% (40)
State:
12.6% (253,313)
Number of households with income $100k - 125k:
Magnolia Springs:
13.1% (70)
State:
9.1% (184,314)
Number of households with income $125k - 150k:
Magnolia Springs:
6.0% (32)
Alabama:
5.7% (115,397)
Number of households with income $150k - 200k:
Magnolia Springs:
10.5% (56)
State:
6.4% (129,875)
Number of households with income > $200k:
Magnolia Springs:
14.1% (75)
Alabama:
6.7% (134,296)
Aggregate household income in Magnolia Springs in 2022: $56,412,073
Median family income in Magnolia Springs in 2022:
Magnolia Springs:
$95,478
State:
$77,668
Number of families with income < $10k:
Magnolia Springs:
10.7% (42)
Alabama:
4.4% (57,461)
Number of families with income $10k - 20k:
Magnolia Springs:
1.8% (7)
State:
5.5% (72,559)
Number of families with income $30k - 40k:
Magnolia Springs:
1.9% (7)
State:
6.8% (88,598)
Number of families with income $40k - 50k:
Magnolia Springs:
6.5% (26)
State:
7.4% (96,539)
Number of families with income $50k - 60k:
Magnolia Springs:
3.7% (15)
Alabama:
7.1% (93,159)
Number of families with income $60k - 75k:
Magnolia Springs:
15.3% (60)
State:
10.1% (132,858)
Number of families with income $75k - 100k:
Magnolia Springs:
5.0% (20)
State:
14.4% (189,114)
Number of families with income $100k - 125k:
Magnolia Springs:
16.6% (65)
State:
11.8% (154,222)
Number of families with income $125k - 150k:
Magnolia Springs:
8.7% (34)
Alabama:
7.7% (100,319)
Number of families with income $150k - 200k:
Magnolia Springs:
11.8% (46)
State:
8.7% (113,549)
Number of families with income > $200k:
Magnolia Springs:
18.0% (70)
State:
9.2% (120,671)
Median per capita income in Magnolia Springs in 2022:
Magnolia Springs:
$42,998
State:
$33,777
Change in median per capita income between 2000 and 2022:
Magnolia Springs, Alabama:
+106.5%
State:
+85.7%
Income statistics for White residents
Median household income in Magnolia Springs, AL in 2022:
Magnolia Springs:
$84,468
State:
$68,168
Change in median household income between 2000 and 2022:
Magnolia Springs, Alabama:
+102.8%
Alabama:
+76.9%
Number of households with income < $10k:
Magnolia Springs:
7.3% (38)
Alabama:
6.0% (81,374)
Number of households with income $10k - 20k:
Magnolia Springs:
8.6% (45)
Alabama:
7.7% (103,935)
Number of households with income $20k - 30k:
Magnolia Springs:
6.3% (33)
State:
7.9% (106,652)
Number of households with income $30k - 40k:
Magnolia Springs:
2.3% (12)
Alabama:
7.6% (101,967)
Number of households with income $40k - 50k:
Magnolia Springs:
6.3% (33)
State:
7.6% (101,782)
Number of households with income $50k - 60k:
Magnolia Springs:
4.6% (24)
Alabama:
7.7% (104,223)
Number of households with income $60k - 75k:
Magnolia Springs:
13.4% (70)
Alabama:
9.2% (124,640)
Number of households with income $75k - 100k:
Magnolia Springs:
6.7% (35)
Alabama:
13.5% (182,175)
Number of households with income $100k - 125k:
Magnolia Springs:
14.0% (73)
State:
10.4% (140,351)
Number of households with income $125k - 150k:
Magnolia Springs:
5.9% (31)
Alabama:
6.7% (89,912)
Number of households with income $150k - 200k:
Magnolia Springs:
10.3% (54)
State:
7.5% (101,623)
Number of households with income > $200k:
Magnolia Springs:
14.3% (75)
Alabama:
8.1% (109,449)
Aggregate household income in Magnolia Springs in 2022: $55,723,899
Median family income in Magnolia Springs in 2022:
Magnolia Springs:
$98,269
State:
$87,431
Number of families with income < $10k:
Magnolia Springs:
11.6% (46)
Alabama:
3.0% (27,027)
Number of families with income $10k - 20k:
Magnolia Springs:
2.2% (9)
Alabama:
3.7% (33,799)
Number of families with income $30k - 40k:
Magnolia Springs:
2.0% (8)
State:
5.9% (53,168)
Number of families with income $40k - 50k:
Magnolia Springs:
7.1% (29)
Alabama:
6.7% (60,599)
Number of families with income $50k - 60k:
Magnolia Springs:
4.2% (17)
State:
7.3% (65,413)
Number of families with income $60k - 75k:
Magnolia Springs:
15.2% (61)
State:
10.0% (89,817)
Number of families with income $75k - 100k:
Magnolia Springs:
4.3% (17)
Alabama:
15.3% (138,117)
Number of families with income $100k - 125k:
Magnolia Springs:
16.3% (66)
State:
13.2% (119,120)
Number of families with income $125k - 150k:
Magnolia Springs:
8.3% (33)
State:
8.8% (79,234)
Number of families with income $150k - 200k:
Magnolia Springs:
11.0% (44)
State:
9.9% (89,633)
Number of families with income > $200k:
Magnolia Springs:
17.8% (71)
Alabama:
11.0% (99,298)
Median non-family income in Magnolia Springs in 2022:
Magnolia Springs:
$39,159
State:
$35,655
Change in median non-family income between 2000 and 2022:
Magnolia Springs, Alabama:
+73.3%
Alabama:
+77.0%
Median per capita income in Magnolia Springs in 2022:
Magnolia Springs:
$45,171
State:
$38,538
Change in median per capita income between 2000 and 2022:
Magnolia Springs, Alabama:
+105.2%
State:
+85.7%
Income statistics for Asian residents
Aggregate household income in Magnolia Springs in 2022: $49,819,800
Median per capita income in Magnolia Springs in 2022:
Magnolia Springs:
$49,318
Alabama:
$40,084
Change in median per capita income between 2000 and 2022:
Magnolia Springs, Alabama:
+111.7%
State:
+95.6%
Income statistics for Hispanic or Latino residents
Number of households with income < $10k:
Magnolia Springs:
0.0% (0)
State:
7.4% (4,745)
Number of households with income $10k - 20k:
Magnolia Springs:
0.0% (0)
Alabama:
6.5% (4,180)
Number of households with income $20k - 30k:
Magnolia Springs:
0.0% (0)
State:
9.9% (6,374)
Number of households with income $30k - 40k:
Magnolia Springs:
0.0% (0)
Alabama:
9.5% (6,150)
Number of households with income $40k - 50k:
Magnolia Springs:
0.0% (0)
State:
12.0% (7,717)
Number of households with income $50k - 60k:
Magnolia Springs:
0.0% (0)
State:
8.5% (5,497)
Number of households with income $60k - 75k:
Magnolia Springs:
0.0% (0)
Alabama:
13.2% (8,513)
Number of households with income $75k - 100k:
Magnolia Springs:
0.0% (0)
Alabama:
11.8% (7,635)
Number of households with income $100k - 125k:
Magnolia Springs:
100.0% (19)
State:
8.6% (5,575)
Number of households with income $125k - 150k:
Magnolia Springs:
0.0% (0)
Alabama:
4.3% (2,777)
Number of households with income $150k - 200k:
Magnolia Springs:
0.0% (0)
State:
4.3% (2,762)
Number of households with income > $200k:
Magnolia Springs:
0.0% (0)
State:
4.0% (2,583)
Aggregate household income in Magnolia Springs in 2022: $204,321,700
Median per capita income in Magnolia Springs in 2022:
Magnolia Springs:
$32,949
State:
$19,178
Change in median per capita income between 2000 and 2022:
Magnolia Springs, Alabama:
+139.6%
Alabama:
+54.7%
Income statistics for Multirace residents
Aggregate household income in Magnolia Springs in 2022: $393,080,000
Median per capita income in Magnolia Springs in 2022:
Magnolia Springs:
$21,396
State:
$23,257
Change in median per capita income between 2000 and 2022:
Magnolia Springs, Alabama:
+46.6%
State:
+87.3%
Income statistics for other residents
Median per capita income in Magnolia Springs in 2022:
Magnolia Springs:
$10,962
State:
$18,366
Change in median per capita income between 2000 and 2022:: -20.9%
Magnolia Springs, Alabama:
-20.9%
Alabama:
+98.8%
Discuss Magnolia Springs, Alabama (AL) on our hugely popular Alabama forum.
-20.9%
+98.8%