In 2023, Magnolia, TX had a population of 3.23k people with a median age of 32.9 and a median household income of $70,516. Between 2022 and 2023 the population of Magnolia, TX grew from 2,620 to 3,230, a 23.3% increase and its median household income grew from $59,922 to $70,516, a 17.7% increase.
The 5 largest ethnic groups in Magnolia, TX are White (Non-Hispanic) (64.4%), Black or African American (Non-Hispanic) (8.82%), Other (Hispanic) (8.7%), Two+ (Hispanic) (8.36%), and White (Hispanic) (4.02%).
None of the households in Magnolia, TX reported speaking a non-English language at home as their primary shared language. This does not consider the potential multi-lingual nature of households, but only the primary self-reported language spoken by all members of the household.
97.1% of the residents in Magnolia, TX are U.S. citizens.
In 2023, the median property value in Magnolia, TX was $285,200, and the homeownership rate was 52.3%.
Most people in Magnolia, TX drove alone to work, and the average commute time was 30.6 minutes. The average car ownership in Magnolia, TX was 2 cars per household.