Magnolia, TX
Population 3,230 · Texas
About Magnolia, TX
Magnolia is a small town located in Texas with a population of 3,230 residents according to the latest US Census Bureau American Community Survey data. The median household income is $70,516 per year, which is 6% below the national median of $75,149. The median age of 32.9 years is notably younger the US median age of 38.9 years, indicating a younger, often more dynamic population base.
Housing Market Overview
The housing market in Magnolia features a median home value of $285,200, which is 16% above the national median of $244,900. This positions Magnolia in a moderately priced market relative to the rest of the country. Median monthly rent is $1,172, 1% above the national average of $1,163/month. Of the 1,380 total housing units, 52% are owner-occupied (687 units) and 48% are renter-occupied (626 units). The balanced mix of owners and renters indicates a diverse housing market.
Economy & Employment
The local economy in Magnolia shows an unemployment rate of 0.6%, which is lower than the national rate of 3.7%, indicating a relatively strong job market. The poverty rate stands at 6.3%, below the national average of 12.4%, reflecting generally favorable economic conditions. Workers in Magnolia have an average one-way commute time of 30.6 minutes.
Education & Demographics
27.4% of Magnolia residents aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. This is in line with national trends in educational attainment. The community's demographic composition includes 14.5% White, 1.0% Hispanic or Latino, 1.2% Black or African American, and 5.0% Asian residents, with 6.7% of the population being foreign-born.
How Magnolia Ranks in Texas
Cost of Living in Magnolia, TX
Compared to national averages, Magnolia has a median household income of $70,516 (6% below the national median of $75,149). Home values average $285,200, which is 16% above the national median. Monthly rent at $1,172 is 1% above the US average of $1,163. Within Texas, Magnolia's income is 3% below the state average of $72,726, and home values are 35% above the state median of $211,769.
Why Live in Magnolia, TX?
Magnolia offers a strong job market with an unemployment rate of just 0.6%, and a low poverty rate of 6.3%, better than the national average.
Potential considerations include median household income ($70,516) that falls below the national average. However, Magnolia’s smaller community size offers a quieter lifestyle and tight-knit neighborhoods.
Magnolia has a population of 3,230 with a median age of 32.9 years. Compare Magnolia with other cities to see how it stacks up, or explore all cities in Texas.
Similar Cities Near Magnolia
Cities in Texas with a similar population size.
| City | Population | Median Income | Home Value | |
|---|---|---|---|---|
| Presidio | 3,226 | $16,762 | $59,300 | Compare |
| Weimar | 3,240 | $64,103 | $163,300 | Compare |
| Beach City | 3,214 | $146,227 | $455,100 | Compare |
| Paloma Creek | 3,250 | $88,850 | $308,500 | Compare |
| Hideaway | 3,259 | $90,640 | $287,600 | Compare |
| Val Verde Park | 3,197 | $59,476 | $103,200 | Compare |
| Scissors | 3,196 | $37,625 | $51,100 | Compare |
| Barton Creek | 3,281 | $193,971 | $1,752,800 | Compare |
Demographics
Racial & Ethnic Composition
Economy & Education
Housing
Other Cities in Texas
Data source: US Census Bureau ACS 5-Year Estimates. Last updated: 2026-04-05.
Compare Magnolia With Other Cities
Frequently Asked Questions about Magnolia
What is the population of Magnolia, TX?
The population of Magnolia, TX is 3,230 according to the latest US Census Bureau American Community Survey estimates. This makes it a small town in Texas.
What is the median household income in Magnolia?
The median household income in Magnolia, TX is $70,516 per year, which is 6% below the national median of $75,149.
What is the median home value in Magnolia?
The median home value in Magnolia, TX is $285,200, which is 16% above the national median of $244,900. The majority of housing units are owner-occupied.
What is the average rent in Magnolia?
The median monthly rent in Magnolia, TX is $1,172, which is 1% above the national average of $1,163/month.
What is the unemployment rate in Magnolia?
The unemployment rate in Magnolia, TX is 0.6%, compared to the national average of 3.7%. This lower-than-average rate suggests a relatively healthy local job market.
Is Magnolia, TX a good place to live?
Magnolia offers a moderate cost of living, a competitive housing market, and a strong job market. With a population of 3,230 and a median age of 32.9, the city appeals to young professionals and families.
How educated is Magnolia, TX?
27.4% of residents in Magnolia aged 25 and older hold a bachelor's degree or higher, compared to the national average of 33.7%. The educational profile reflects the area's industry mix and employment landscape.
What is the cost of living in Magnolia?
Key cost-of-living indicators for Magnolia, TX: median home value is $285,200 (16% above national), median rent is $1,172/month, and median household income is $70,516. The home-value-to-income ratio is 4.0x, a moderate figure by national standards.
What is the poverty rate in Magnolia?
The poverty rate in Magnolia, TX is 6.3%, compared to the national average of 12.4%. This below-average poverty rate reflects generally favorable economic conditions in the community.
How diverse is Magnolia, TX?
Magnolia's population is 14.5% White, 1.0% Hispanic or Latino, 1.2% Black or African American, 5.0% Asian, and 8.8% two or more races. 6.7% of residents are foreign-born.