Magnolia is located in Larue county Kentucky with a geographic area of 2.0 square miles. The total population in Magnolia is 695 with 32.9% male and 67.1% female. Children under age 5 represent 8.8% of the population, under age 18 equal 21.3% of the population and over age 65 is 11.8% of the population. The median household income is $47,063, per capita income is $17,579. There are a total of 277 housing units with 87.0% owner occupied. Education includes 30.0% of residents that are high school graduates and 7.9% with a bachelor's degree or higher. The average temperature in Magnolia in the summer is 76 degrees, and in the winter 36 degrees.