Living in Magnolia, Texas
Cost of living, income, home prices, rent and demographics of Magnolia · Census data 2020–2024
Magnolia has 4,068 residents with a median age of 32.7. The median household income is $78,605 (about the same as the Texas median), the median home value is $322,800, the median rent is $1,121/month.
Magnolia at a glance
- Population
- 4,068
- Median age
- 32.7State: 35.6
- Median household income
- $78,605State: $78,476
- Median home value
- $322,800State: $283,800
- Median rent
- $1,121/moState: $1,403
- Homeowners
- 64.1%
- Bachelor's degree or higher
- 26.9%
- Average commute
- 31 min
Is Magnolia a good place to live?
Pros: Median household income about the same as the Texas median; unemployment of 2.4%; a poverty rate of 5%.
Cons: Home values 14% higher than the state median; an average commute of 31 minutes.
The weather is best in March–April and October–November.
Cost of living in Magnolia
Housing is the biggest part of the cost of living. In Magnolia the median home value is $322,800, about the same as the U.S. median. Renters pay a median of $1,121 per month, which is 30.5% of household income. Homeowners with a mortgage pay $2,150 a month in housing costs.
Magnolia median household income
The median household income in Magnolia is $78,605 and the income per person is $66,247. 5% of residents live below the poverty line (Texas: 13.8%).
Housing in Magnolia: homes for sale and rent
- Housing units
- 1,820
- Owner-occupied
- 64.1%
- Renter-occupied
- 35.9%
- Vacant
- 11.2%Includes seasonal homes
- Median year built
- 2008
- Average household size
- 2.51
Magnolia demographics
- Population
- 4,068
- Median age
- 32.7
- Under 18
- 23.8%
- 65 and older
- 12.8%
- Households
- 1,617
- Foreign-born
- 8.5%
- Veterans
- 11.2%Adults 18+
Hispanic or Latino can be of any race. Population history of Magnolia ›
Education in Magnolia
26.9% of adults 25 and older in Magnolia have a bachelor's degree or higher (Texas: 33.8%), and 8.5% have a graduate or professional degree.
Jobs and commute in Magnolia
- Unemployment rate
- 2.4%State: 5.3%
- Average commute
- 31 minState: 27 min
- Work from home
- 10.5%
- Drive alone
- 70%
- Public transit
- 0%
- Walk to work
- 3.9%
- Homes with broadband
- 95.5%
Magnolia vs nearby towns
| Town | Population | Median income | Home value | Rent |
|---|---|---|---|---|
| Magnolia | 4,068 | $78,605 | $322,800 | $1,121 |
| Pinehurst | 4,266 | $61,832 | $271,600 | $731 |
| Stagecoach | 637 | $107,344 | $435,100 | — |
| Tomball | 13,655 | $78,562 | $364,300 | $1,226 |
| Plantersville | 579 | $103,627 | $223,900 | $960 |
| Montgomery | 2,489 | $72,917 | $363,200 | $1,417 |
| The Woodlands | 121,002 | $140,701 | $511,700 | $1,822 |
| Waller | 3,108 | $39,969 | $156,900 | $1,022 |
| Shenandoah | 3,705 | $61,833 | $395,200 | $1,418 |
More for people moving to Magnolia
Magnolia ZIP code ›Weather and climate ›Living in Magnolia: FAQ
What is the median household income in Magnolia, TX?
The median household income in Magnolia is $78,605, about the same as the Texas median of $78,476 (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
What is the average home price in Magnolia?
The median home value in Magnolia is $322,800, compared with $283,800 in Texas.
How much is rent in Magnolia?
The median gross rent in Magnolia is $1,121 per month, about 30.5% of household income.
Is Magnolia, TX a good place to live?
Pluses: median household income about the same as the Texas median; unemployment of 2.4%; a poverty rate of 5%. Minuses: home values 14% higher than the state median; an average commute of 31 minutes.
What is the median age in Magnolia?
The median age in Magnolia is 32.7 years (Texas: 35.6).
How long is the commute in Magnolia?
The average commute to work in Magnolia is 31 minutes; 10.5% of workers work from home.
What is the unemployment rate in Magnolia?
The unemployment rate in Magnolia is 2.4% (U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024).
How educated is Magnolia?
26.9% of adults in Magnolia have a bachelor's degree or higher.
Source: U.S. Census Bureau, American Community Survey 5-year estimates 2020–2024 (margins of error apply, especially in small towns). Figures are in 2024 dollars.
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