Magnolia is located in west Iowa. Magnolia is part of Harrison County. Magnolia has 0.57 square miles of land area and has no water area. As of 2010-2014, the total Magnolia population is 148, which has shrunk 26.00% since 2000. The population growth rate is much lower than the state average rate of 5.19% and is much lower than the national average rate of 11.61%. Magnolia median household income is $56,250 in 2010-2014 and has grown by 83.67% since 2000. The income growth rate is much higher than the state average rate of 33.56% and is much higher than the national average rate of 27.36%. Magnolia median house value is $81,400 in 2010-2014 and has grown by 62.80% since 2000. The house value growth rate is higher than the state average rate of 53.09% and is higher than the national average rate of 46.91%. As a reference, the national Consumer Price Index (CPI) inflation rate for the same period is 26.63%. On average, the public school district that covers Magnolia is much better than the state average in quality. The Magnolia area code is 712.