Groundwork

Auto · Small-town market · Arkansas

Insurance agencies in the Magnolia, AR area

Competitor counts, household spending and official business counts for insurance agencies in the Magnolia, AR area, set against other small-town markets and the U.S.

Groundwork market score · out of 100

Score 52 out of 100: Upper middle

Ranked #246 of 537 scored small-town markets
#9 of 14 scored small-town markets based in Arkansas

Listings
14
3 chain locations (21%)
Official establishments
9
Businesses with payroll, 2023
Household spending a year
$22.2M
On vehicle insurance · $2,644 a household
Spending per listing
$1.6M
26% above the U.S.
Listings per 10k households
16.6
6% above the U.S.
Population, 2025
21,894
−3.7% since 2020

See the insurance agencies around any address in the Magnolia area

The site report maps the insurance agencies on map listings near the address, by name and distance, and sizes the households and spending around it. Or open the report at the center of the Magnolia area. Signed out, you see a blurred preview; on an account, each report is one action.

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Survey estimates 2020–2024 · population estimates 2025 · official business counts 2023 · map listings September 2026 · Data credits · How we measure

What this means

Map listings as of September 2026 show 14 insurance agencies in the Magnolia area. 3 of them (21%) are chain locations, against 21% across the U.S. Per 10,000 households, that is 16.6, 6% above the U.S. rate of 15.6.

At $2,644 per household (35% above the U.S. average), households in the Magnolia area spend about $22.2M a year on vehicle insurance. That is about $1.6M of household spending for each agency on map listings, 26% above the U.S. figure of $1.3M.

Official counts show 9 businesses with payroll classed as insurance agencies and brokerages in the Magnolia area in 2023. That is one for every 934 households, against one for every 966 across the U.S.

Population estimates show the Magnolia area declined 3.7% from 2020 to 2025, against +3.1% for the U.S. The Magnolia area scores 52 (upper middle) on the Groundwork market score for insurance agencies, ranking #246 of 537 scored small-town markets and #9 of 14 scored small-town markets based in Arkansas.

How the Magnolia area compares

The same measures for Arkansas and the whole U.S. Spending per listing divides a year of household spending on all vehicle insurance by the insurance agencies counted, so it measures the demand for each competitor, not any business’s revenue. Households per establishment does the same with the official count.

Insurance agencies in Magnolia, AR area compared with Arkansas and the U.S.
MeasureMagnolia areaArkansasU.S.
Listings per 10k households16.617.915.6
Spending per listing$1.6M$1.4M$1.3M
Households per official establishment934795966
Official establishment growth, 2019–2023n/a+0.7%−1.0%
Population growth, 2020–2025−3.7%+3.3%+3.1%
Spending per household on vehicle insurance$2,644$2,473$1,957
Median household income$55,334$60,773$80,734
Groundwork market score5256

Official counts and lending

Businesses

Official establishments, 2019 to 2023
9
Employees, 2023
27
Annual payroll, 2023
$1.2M
One-person businesses, 2023
Not publishedNot published for this business type
Map listings, September 2026
143 chain locations
Listings at the U.S. rate for this spending
18The U.S. ratio of listings to household spending, applied here

SBA-backed loans since fiscal 2022

Loans
0
Amount
$0

SBA-backed loans to businesses classed as insurance agencies and brokerages in the Magnolia area, through June 2026, placed by the borrower’s ZIP code. Official establishments are businesses with payroll; the official counts leave out places with fewer than 3.

Population and households in the Magnolia area

Population, 2025 estimate
21,894−3.7% since 2020
Households
8,409
Median age
36.5
Homes lived in by their owners
71%
Vehicles per household
2.0
Land area
766 sq. mi.
People per square mile
29
Median household income
$55,334+52.9% vs. 2015–2019, before inflation
Average household income
$69,996
Median home value
$152,100
Jobs located here
7,940
Daytime population
21,908Residents who don’t work, plus everyone whose job is here

Looking at a specific site in the Magnolia area?

These figures cover the whole small-town market. A site report draws rings around one address and counts what’s inside them: households, spending, jobs, and the insurance agencies on map listings by name and distance.

Or open the report at the center of the Magnolia area. Signed out, you see a blurred preview; on an account, each report is one action.

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Insurance agencies across Arkansas

Every Arkansas market ranked →

The highest-scoring small-town markets in Arkansas for insurance agencies, numbered among those based in Arkansas, with the Magnolia area marked.

Top small-town markets in Arkansas

Small-town markets in Arkansas ranked for insurance agencies by Groundwork market score
MarketScoreListingsPer 10k householdsSpending per listingPopulation growthU.S. rank
1Malvern, AR73129.7$2.7M+1.1%#82 of 537
2Batesville, AR681812.3$2.1M+2.2%#116 of 537
3Harrison, AR633418.3$1.5M+2.4%#161 of 537
4Russellville, AR614714.4$1.8M+1.6%#176 of 537
5Searcy, AR614715.9$1.6M+4.2%#180 of 537
6Blytheville, AR601811.6$1.9M−6.7%#189 of 537
7Paragould, AR563217.8$1.3M+3.4%#213 of 537
8Camden, AR531514.5$1.7M−3.6%#232 of 537
9Magnolia, AR521416.6$1.6M−3.7%#246 of 537
10Pine Bluff, AR513713.7$1.7M−5.6%#254 of 537

Other business types in the Magnolia area

Each with its Groundwork market score here, out of 100, where it has one.

Questions

How many insurance agencies are in the Magnolia, AR area?

There are 14 insurance agencies on map listings in the Magnolia area as of September 2026. 3 of them (21%) are chain locations. The listings count insurance agencies. Official counts show 9 businesses with payroll classed as insurance agencies and brokerages in 2023.

How much do households in the Magnolia, AR area spend on vehicle insurance?

About $22.2M a year, or $2,644 per household. That is 35% above the U.S. average (an index of 135, where 100 is the U.S. average). Spread across the 14 insurance agencies on map listings, it comes to $1.6M per agency. It is estimated from the incomes of the 8,409 households in the Magnolia area and national spending patterns by income.

How does the Magnolia, AR area compare with the U.S. for insurance agencies?

The Magnolia area has 16.6 insurance agencies per 10,000 households, 6% above the U.S. rate of 15.6. Spending per agency is $1.6M, 26% above the U.S. figure of $1.3M. At the national ratio of insurance agencies to household spending, the Magnolia area would have about 18, against 14 on map listings. There is one business with payroll in the industry for every 934 households, against one for every 966 across the U.S.

How fast is the Magnolia, AR area growing?

Population estimates put the Magnolia area at 21,894 people in 2025, down 3.7% since 2020, against +3.1% for the U.S. It has 8,409 households. The median household income in the Magnolia area is $55,334 a year, 31% below the U.S. median of $80,734. That rose 52.9% from the 2015–2019 survey, before inflation.

What is the Groundwork market score?

The Groundwork market score runs from 0 to 100 and compares a market with others of its kind for one business type: states with states, metro areas with metro areas, small-town markets and counties with their own. A small-town market is a town of 10,000 to 50,000 people and the county or counties tied to it by commuting. It weighs household spending per competitor (35%), households per business with payroll (25%), population growth (20%) and spending power (20%), each ranked against those peers. A higher score means that, taken together, the market has more household spending and more households for each business already there, faster population growth and more spending per household than similar markets. It describes a market, not any one site or deal. The Magnolia area scores 52 for insurance agencies (upper middle), #246 of 537 scored small-town markets.

How can I see the market around a specific site?

Run a Groundwork site report on an address in the Magnolia area. It maps the insurance agencies on map listings near the site and sizes the households and spending within the distance you choose. New accounts get 10 actions over 3 days, no card.

How the score works · Top markets for insurance agencies · All 56 business types in the Magnolia area

Screening a site or an acquisition in the Magnolia area?

A site report maps the competitors on map listings near an address and sizes the households and spending around it.

The button opens the report at the center of the Magnolia area. Signed out, you see a blurred preview; on an account, each report is one action.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

Figures are estimates for research only. Not investment or real estate advice.