Magnolia: Economy & Jobs
Magnolia reports a median household income of $75,156 (1.1× higher than Stark County median $67,934; 1.1× higher than Ohio median $71,389), with homes at a median value of $164,600. The surrounding county supports 6,093 jobs (avg $48,590).
- $65,443 avg taxable income per return — similar than the median household income (vs Ohio $78,408).
Income & Affordability
Median household income $75,156 — above the Ohio median ($66,082). Poverty rate 7.4% (U.S. average ~12.5%). 21% of renters spend more than half their income on rent ("severely cost-burdened" by HUD definition; U.S. ~24%).
| Affordability · Home Price To Income | 2.2× |
|---|---|
| Affordability · Home Affordability | affordable |
| Affordability · Rent Pct Income | 11.0% |
| Affordability · Rent Affordability | affordable |
| Affordability · Pct Severely Rent Burdened | 21.1% |
| Affordability · Poverty Rate | 7.4% |
| Affordability · Property Tax Pct Income | 3.2% |
| Irs Income · IRS tax returns filed | $12,690 |
| Irs Income · Total Adjusted Gross Income (thousands) | $830,473 |
| Irs Income · Average AGI per return | $65,443 (vs Ohio $78,408) |
| Irs Income · Year | 2022 |
| Income Estimate | $83,428 |
| Median Household Income | $75,156 (vs Ohio $66,082) |
| Poverty Rate | 7.4% |
Sources: IRS SOI 2022 · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Economic Character
Qualitative classification derived from Census occupation, industry, and income data — workforce composition (white-collar/blue-collar), top employing sector, and income tier.
| Economic Character · Workforce | mixed |
|---|---|
| Economic Character · Top Industry | Manufacturing |
| Economic Character · Income Level | upper-middle |
| Economic Character · Median Income | $75,156 |
Employment & Workforce
Employment + workforce stats. The county-level employment count covers all jobs within the county, not just town residents. Unemployment rate 1.8% — below the U.S. average of ~4%. 10% work from home (U.S. average ~15%).
| Commuter Profile · Work From Home Pct | 10.0% |
|---|---|
| Commuter Profile · Primary Mode | drove alone |
| Employment · Avg annual employment (county) | 6,093 |
| Employment · Total annual wages (county) | $296,044,654 |
| Employment · Average annual pay | $48,590 |
| Employment · Year | 2024 |
| State Occupation Wages · Year | 2023 |
| State Occupation Wages · All Occupations · Soc Code | 00-0000 |
| State Occupation Wages · All Occupations · Title | All Occupations |
| State Occupation Wages · All Occupations · Employment | 5,469,160 |
| Unemployment Rate | 1.8% (vs Ohio 3.4%) |
Sources: BLS QCEW 2023 · BLS Occupational Employment and Wage Statistics (OES) · Census ACS 5-Year 2023 · Refreshed 2026-04-12
Industry Sectors
Major industries by establishment count from Census County Business Patterns (2022). Sectors are NAICS-coded; counts are county-wide employer establishments.
| Agriculture · Total Farms | 94 |
|---|---|
| Agriculture · Land In Farms Acres | 1,804 |
| Agriculture · Avg Farm Size Acres | 19.20 |
| Agriculture · Top Commodities | Animal Totals, Crop Totals, Grain, Corn, Milk |
| Agriculture · Year | 2022 |
| Business Patterns · Establishments (employer count) | 458 |
| Business Patterns · Total Employees | 5,213 |
| Business Patterns · Annual Payroll Thousands | 221,268 |
| Business Patterns · Year | 2022 |
Sources: USDA NASS Census 2022 — county FIPS matched · Census CBP API — county FIPS match
Local Business Mix
Retail and service businesses by category (Census CBP NAICS-coded). Counts cover the surrounding county, not just the town. Reflects the everyday commercial mix residents can access.
| Local Businesses · Gas Stations | 5 |
|---|---|
| Local Businesses · General Merchandise | 8 |
| Local Businesses · New Car Dealers | 4 |
| Local Businesses · Beauty Salons | 4 |
| Local Businesses · Pet Grooming | 3 |
| Local Businesses · Auto Repair | 7 |
| Local Businesses · Commercial Banks | 7 |
| Local Businesses · Insurance Agencies | 12 |
Sources: Census CBP — NAICS detail codes
Dining Scene
Eating + drinking establishments by NAICS category (Census CBP 2022) — full-service restaurants, fast-food, bars, coffee shops. County-level counts.
| Dining Scene · Full Service Restaurants | 12 |
|---|---|
| Dining Scene · Fast Food | 14 |
| Dining Scene · Bars | 3 |
Sources: Census CBP NAICS 722
Banking
FDIC-insured bank branches with addresses. Branch density correlates with population — fewer branches per resident in lower-density areas.
Branches (2)
SNAP & Food Access
USDA-authorized SNAP retailers — supermarkets, super stores, convenience stores, and other locations where SNAP benefits can be redeemed. Per-1K density tracks food access.
Sample (2)
| Nearest Snap · Name | Family Dollar 4816 |
|---|---|
| Nearest Snap · Total In Area | 2 |
Chamber of Commerce
IRS-registered chamber of commerce organizations matched to this town. Reflects the IRS Exempt Organizations BMF; some chambers operate informally and may not appear here.
| Chamber Of Commerce · Name | CARROLL COUNTY CHAMBER OF COMMERCE |
|---|
Sources: IRS EO BMF · Refreshed 2026-04-12
Spending & Tax
Federal spending flowing to the surrounding county — direct payments, grants, contracts, loans (USAspending.gov).
| Federal Spending · Federal Spending Fy2024 | $170,611,727 |
|---|---|
| Federal Spending · Per Capita | 6,384.93 (vs Ohio $6,792) |
| Federal Spending · Population | 26,721 people (vs Ohio 29,269) |
Sources: USAspending API
Other
| Pct Drove Alone | 84.3% |
|---|---|
| Pct Public Transit | 2.0% |
| Pct Walked | 10.0% |
| Retirement Score · Median age | 44.6 years (vs Ohio 38.1y) |
| Retirement Score · Ss Household Pct | 31.9% |
| Retirement Score · Va Access | Yes |
| Retirement Score · Factors | older population, strong SS base, VA nearby |
| Retirement Score · Rating | good |
Sources: Census ACS 5-Year 2023 · Refreshed 2026-04-12