In 2021, Magnolia, TX had a population of 2.3k people with a median age of 36.6 and a median household income of $63,661. Between 2020 and 2021 the population of Magnolia, TX declined from 2,802 to 2,303, a −17.8% decrease and its median household income grew from $59,890 to $63,661, a 6.3% increase.
The 5 largest ethnic groups in Magnolia, TX are White (Non-Hispanic) (65.3%), Black or African American (Non-Hispanic) (13.7%), White (Hispanic) (8.68%), Two+ (Hispanic) (6.43%), and Other (Non-Hispanic) (3.04%).
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.
97.4% of the residents in Magnolia, TX are U.S. citizens.
In 2021, the median property value in Magnolia, TX was $204,200, and the homeownership rate was 57.6%.
Most people in Magnolia, TX drove alone to work, and the average commute time was 34.2 minutes. The average car ownership in Magnolia, TX was 2 cars per household.