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ZipNumbers

Texas · Census place 46056

Magnolia city, TX

Quick answer

Magnolia city has 3,230 residents, ranking #541 of 1863 places in Texas. Median household income is $70,516, the median home is worth $285,200 and median gross rent runs $1,172 a month.

Population
3,230Magnolia city residents
Median household income
$70,516Past 12 months, inflation adjusted
Median home value
$285,200Owner-occupied units
Median gross rent
$1,172Rent plus utilities, monthly
Median age
32.9 yrsAll residents
Homeownership rate
52.3%Owner-occupied households

What the numbers mean in Magnolia city

Housing cost measured against local earnings.

A household earning the Magnolia city median would spend about 19.9% of gross income on the median rent. The 30% mark is the federal threshold for cost burden, so anything above it signals a stretched rental market. The median home costs 4.0× the median household income; nationally that ratio sits near 4.5×. Poverty affects 6.3% of residents and 52.3% of households own their home.

Source: US Census Bureau, ACS 2019-2023 5-year estimates · rates as published for 2019-2023 ACS 5-year

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