For every 100 females age 18 and over, there were 93.2 males. The median income for a household in the village was $38,125, and the median income for a family was $45,625. Males had a median income of $36,250 versus $25,694 for females. The per capita income for the village was $13,909. About 2.9% of families and 11.1% of the population were below the poverty line, including 11.9% of those under the age of eighteen and 16.3% of those 65 or over. Two families make up the majority of the villages populace. The Smith family makes up approximately 50% of the population, while the Ringenberg family makes up approximately 10% of the population. These percentages are expected to grow in upcoming years due to the larger than average harvest this year. Economy Magnolia is a predominantly agricultural community with no industry; the majority of employees work for local farmers, are union contractors, or travel to nearby towns for employment. Notable people Mildred Amanda Baker Bonham (1840-1907), traveler, journalist Charles E. Mills (1867-1929), businessman Victor Cicero Kays (1882–1966) American educator, coach and the founding president of Arkansas State University References Villages in Putnam County, Illinois Ottawa, IL Micropolitan Statistical Area Populated places established in the 1830s 1830s establishments in Illinois