In 2022, Magnolia, TX had a population of 2.62k people with a median age of 36.4 and a median household income of $59,922. Between 2021 and 2022 the population of Magnolia, TX grew from 2,303 to 2,620, a 13.8% increase and its median household income declined from $63,661 to $59,922, a −5.87% decrease.
The 5 largest ethnic groups in Magnolia, TX are White (Non-Hispanic) (66%), Black or African American (Non-Hispanic) (10.7%), White (Hispanic) (10%), Two+ (Hispanic) (8.28%), and Other (Non-Hispanic) (2.63%).
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.
97.3% of the residents in Magnolia, TX are U.S. citizens.
In 2022, the median property value in Magnolia, TX was $239,800, and the homeownership rate was 55.7%.
Most people in Magnolia, TX drove alone to work, and the average commute time was 35 minutes. The average car ownership in Magnolia, TX was 2 cars per household.