B-

Magnolia, NJ

Source:

Affordability Score: 69/100

Population: 5,350 · 1 ZIP codes

The affordability dashboard for Magnolia, NJ aggregates Census ACS 5-Year Estimates across 1 ZIP code covering 5,350 residents, then layers in county-level federal data to produce an overall grade of B- (69/100). The headline inputs are median household income of $103,191, median home value of $242,000, median rent of $1,427 per month, and 29.2% of adults holding a bachelor's degree or higher. These four metrics alone explain most of the variance between city dashboards.

Cross-agency feeds widen the picture beyond Census demographics. HUD publishes a Fair Market Rent for a 2-bedroom in this county at $1,810 per month (studio $1,397, 1BR $1,520, 3BR $2,170, 4BR $2,423). Department of Labor data lists infant center-based childcare at $14,648 per year, consuming 14% of the local median household income.

Reading the overall grade requires reading all seven dimensions together. The score weights Income 20%, Safety 20%, Housing 15%, Rent 15%, Education 10%, Commute 10%, and Childcare 10%, with each sub-score benchmarked against national percentiles rather than state averages — so the grade is genuinely comparable across any city in the country. Strengths visible in the raw data for Magnolia, NJ include income, housing, rent. Unemployment currently reads 6.5% and poverty 6.5% — numbers worth keeping alongside the headline grade.

Score Breakdown

Income A-
$103,191
Median household income
Education D
29.2%
Bachelor's degree or higher
Housing A-
2.3x
Home value $242,000 vs income
Commute D
27 min
Average commute time
Rent B+
$1,810/mo
2BR fair market rent (21% of income)
Safety N/A
N/A
Violent crime rate (county)
Childcare C-
$14,648/yr
Center-based infant care (14% of income)

Income & Employment

Median Income
$103,191
▲ 66% vs national
Per Capita Income
$49,797
Unemployment Rate
6.5%
Poverty Rate
6.5%

Housing

Median Home Value
$242,000
▼ 12% vs national
Median Rent
$1,427/mo
Owner Occupied
74.4%
2BR Fair Market Rent
$1,810/mo
▲ 51% vs national

Fair Market Rents by Bedroom

Studio
$1,397
1BR
$1,520
2BR
$1,810
3BR
$2,170
4BR
$2,423

Safety

Violent Crime Rate
Data Source
FBI UCR (county-level)

Education & Family

Bachelor's Degree+
29.2%
▼ 1 ppt vs national
High School+
69.0%
Median Age
39.8
Avg. Commute
27 min
▲ 1 min vs national

Childcare Costs

Infant (Center)
$14,648/yr
14% of income
Toddler (Center)
$14,320/yr
Preschool (Center)
$14,320/yr
School-Age (Center)
$6,631/yr

What This Means

Magnolia, NJ receives an overall affordability grade of B- (69/100), aggregated from 1 ZIP codes with a total population of 5,350. This area performs well in income and housing and rent. Data was unavailable for safety — these dimensions were excluded from the overall score.

Nearby City Dashboards

Explore Magnolia ZIP Codes
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What are common questions about this dashboard?

Is Magnolia, NJ affordable?
Magnolia, NJ receives an overall affordability grade of B- (69/100) based on Census, HUD, FBI, and DOL data. Median household income is $103,191. Median home value is $242,000.
What is the cost of living in Magnolia?
Key cost metrics: Median rent $1,427/mo. 2BR fair market rent $1,810/mo. Infant childcare $14,648/yr. Median home value $242,000.
How is the affordability score calculated?
The score evaluates 7 dimensions weighted by importance: Income (20%), Safety (20%), Housing (15%), Rent (15%), Education (10%), Commute (10%), and Childcare (10%). Each metric is compared against national percentile benchmarks from Census, HUD, FBI, and DOL data.

Data as of 2024. Source: U.S. Census Bureau ACS 5-Year Estimates. Source: HUD Fair Market Rents. Source: FBI Uniform Crime Report. Source: DOL National Database of Childcare Prices. Verify with HUD →