This was 34.2 percent lower than the state average of 41.9 percent. In 2020 the total municipality population reached 1,274.
54.6 percent of the population had at least a high school diploma or the equivalent.
Degree distribution in Magnolia for 2020*
| Degree | Number of people | Percentage of population |
|---|---|---|
| No degree | 355 | 45.4 |
| Regular high school diploma | 162 | 20.7 |
| GED or alternative credential | 26 | 3.3 |
| Some college, less than 1 year | 28 | 3.6 |
| Some college, 1 or more years, no degree | 151 | 19.3 |
| Associate's degree | 8 | 1 |
| Bachelor's degree | 35 | 4.5 |
| Master's degree | 5 | 0.6 |
| Professional school degree | 12 | 1.5 |
| Doctorate degree | 0 | 0 |
Alerts Sign-up