Magnolia, Texas

US Census Bureau ACS 5-Year Estimates ยท 2022

TX

Magnolia Demographics Overview

Total Population
2,620
ACS 2022 estimate
Median Household Income
$59,922
Annual household income
โ–ผ 20% vs US avg
Median Home Value
$239,800
Owner-occupied homes
โ–ผ 15% vs US avg
Median Gross Rent
$968
Monthly rent (incl. utilities)
โ–ผ 17% vs US avg
Median Age
36.4 years
Median age of residents
โ–ผ 6% vs US avg

Income & Economy

Median Household Income
$59,922
US avg: $74,580
vs. National Median-19.7%

Housing

Median Home Value
$239,800
US avg: $281,900
Median Gross Rent
$968/mo
US avg: $1,163/mo
Rent vs. National Avg-16.8%

Population

Total Population2,620
Median Age
36.4 years
US avg: 38.9 yrs

Data Source

Data for Magnolia comes from the US Census Bureau American Community Survey (ACS) 5-Year Estimates, covering the period 2018โ€“2022.

The ACS 5-Year estimates provide the most reliable demographic statistics available, especially for smaller communities, by pooling 5 years of survey data.

Learn more about the ACS โ†’

Magnolia, TX โ€” Frequently Asked Questions

Common questions about Magnolia demographics

What is the population of Magnolia, Texas?

According to the US Census Bureau ACS 5-Year Estimates (2022), the population of Magnolia, Texas is 2,620.

What is the median household income in Magnolia?

The median household income in Magnolia, Texas is $59,922 per year, according to the 2022 ACS 5-Year Estimates. The US national median household income is approximately $74,580.

What is the cost of living in Magnolia?

Key cost indicators for Magnolia, Texas:. Median home value: $239,800. Median gross rent: $968/month. Median household income: $59,922/year

What is the median home value in Magnolia?

The median home value in Magnolia, Texas is $239,800, compared to the national median of approximately $281,900.

What is the average age in Magnolia?

The median age in Magnolia, Texas is 36.4 years, compared to the US national median age of approximately 38.9 years.

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Magnolia, TX Demographics - Population, Income & Housing (2022)