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Magnolia, TX
Full City Profile · Texas · Montgomery County County
3.6
/5.0
B+
Good
3,230
Population
666/sq mi density
$70,516
Median Income
$46,507 per capita
$285,200
Home Value
$362,873 Zillow
$1,172
Median Rent
31.3% income on rent
70°F
Avg Temperature
306 sunny days/yr
B+
Overall
3.6 / 5.0
Good overall score based on economy, affordability, safety and education
A
Economy
4.2 / 5.0
$70,516 median income, 0.4% unemployment
A
Affordability
4.4 / 5.0
$285,200 home value, $1,172/mo rent
C+
Safety
2.5 / 5.0
0 violent crimes/100K
B
Education
3.2 / 5.0
27.4% bachelor's degree or higher
Income Overview
Median Household Income
$70,516
6% below
US avg: $75,149
Per Capita Income
$46,507
19% above
US avg: $39,052
Unemployment Rate
0.4%
89% below
US avg: 3.6%
Poverty Rate
8.9%
28% below
US avg: 12.4%
Income Comparison: Magnolia vs. U.S. Average
Each bar shows Magnolia’s value as a percentage of the national average (100% line = U.S. avg)
Median Household
US: $75,149
$70,516
94%
Per Capita
US: $39,052
$46,507
119%
IRS Avg AGI
US: $72,000
$115,723
161%
Avg Weekly Wage
US: $1,432
$1,351
94%
Thin line = U.S. average (100%)
Employment & Commute
Avg Weekly Wage
$1,351
6% below US avg ($1,432)
Mean Commute Time
31 min
11% above US avg (28 min)
Work From Home
13.4%
12% below US avg (15.2%)
Drive Alone
72.6%
1% below US avg (73.2%)
Public Transit
0.0%
100% below US avg (5.0%)
County GDP
$50,079M
County-level GDP (BEA 2024)
How Residents Get to Work
Drive Alone
72.6%
Public Transit
0%
Work From Home
13.4%
Other
14%
Average commute time
31 minutes
US avg: 28 min
Business Landscape
Total Establishments
15,222
Restaurants
1,207
Healthcare
1,667
Retail
1,677
Manufacturing
487
Tax & Financial
IRS Avg Adjusted Gross Income
$115,723
61% above US avg ($72,000)
Avg Property Tax
$10,502
200% above US avg ($3,500)
Cost of Living Index
97.1
Below national average (100 = US avg)
Complete Economy Data
Income & Wages
| Median Household Income | $70,516 |
| Per Capita Income | $46,507 |
| IRS Avg Adjusted Gross Income | $115,723 |
| Avg Weekly Wage | $1,351 |
| County GDP | $50,079M |
Hardship Indicators
| Unemployment Rate | 0.4% |
| Poverty Rate | 8.9% |
| Gini Coefficient | 0.471 |
| Cost of Living Index | 97.1 |
Commute
| Mean Commute | 31 minutes |
| Drive Alone | 72.6% |
| Public Transit | 0.0% |
| Work From Home | 13.4% |
Businesses
| Total Establishments | 15,222 |
| Restaurants | 1,207 |
| Healthcare | 1,667 |
| Retail | 1,677 |
| Manufacturing | 487 |
Tax
| IRS Avg AGI | $115,723 |
| Avg Property Tax | $10,502 |