Magnolia, Texas Median Income

Magnolia, Texas has a population of 2,811, with a median household income of $84,210.

Current median income data for Magnolia.

$84,210

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Population

2,811

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Median Income

$84,210

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Unemployment

2.80%

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Housing Price

$382,400

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Crime Rate

10.20

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Internet Speed

188.60 Mbps

Magnolia is a small local community located in Texas. The city has a population that is below the average city population in Texas, contributing to its local economic activity, housing demand, and infrastructure development. Population size can significantly influence transportation systems, commercial growth, educational services, and employment opportunities within the region.

Magnolia is a notable city in Texas, offering a mix of population dynamics, economic indicators, and housing trends.

Population Overview

Magnolia has a population of 2,811, which is below the state average. This suggests a smaller and more localized community environment.

Income and Economy

The median household income in Magnolia is $84,210, which is above the state average. This reflects stronger earning potential and economic stability.

Housing Market

Housing prices in Magnolia average around $382,400, which is relatively high compared to other cities in Texas.

Employment and Safety

The unemployment rate in Magnolia is 2.80%, which is lower than the state average, indicating a relatively strong job market. Crime rates in Magnolia are higher than the state average, which may be a factor for residents to consider.

City Comparison

Compared to other cities in Texas, Magnolia shows distinct differences in population size, economic activity, and housing affordability, making it a unique case for analysis.

Magnolia continues to play a role in shaping regional trends in Texas, particularly in terms of economic and demographic factors.

Frequently Asked Questions about Magnolia

What is the population of Magnolia?

The population of Magnolia is approximately 2,811.

Is Magnolia a good place to live?

Magnolia offers a mix of economic conditions, housing affordability, and population size, making it suitable for different types of residents.

What is the average income in Magnolia?

The median household income in Magnolia is around $84,210.

How expensive is housing in Magnolia?

The average housing price in Magnolia is approximately $382,400.