About Magnolia, Texas
Magnolia, a city located in the state of Texas (TX), is home to a population of approximately 2,620 people. Magnolia boasts a median age of 36.4, with around 23.5% of its residents aged 60 or above. 7.5% of the population identifies as US Veterans. 15.2% of Magnolia residents are disabled. The city has an average household income of $59,922, while the unemployment rate stands at 1%, and around 6.6% of the population is considered to be living below the poverty level. In terms of housing, the average home value in Magnolia is $241,753, with a monthly rent averaging $968.