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2024 Compare Cities Economy:
Plano, TX vs Magnolia, TX

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Highlights
- Household income in Magnolia, is 36% less than it is in Plano and is 8% below the National Average.
- Plano unemployment rate is 5.5%.
- Magnolia unemployment rate is 7.4%.

Economy
 Plano, TXMagnolia, TXUnited States
 Unemployment Rate5.5%7.4%6.0%
 Recent Job Growth3.3%3.2%1.6%
 Future Job Growth44.6%37.9%33.5%
 Sales Taxes8.3%7.3%6.2%
 Income Taxes0.0%0.0%4.6%
 Income per Cap.$51,624$36,328$37,638
 Household Income$99,729$63,661$69,021
 Family Median Income$117,513$94,750$85,028
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 Est. Households By Income
 Plano, TXMagnolia, TXUnited States
 Income Less Than 15K5.1%6.6%9.4%
 Income between 15K and 20K1.2%4.1%3.8%
 Income between 20K and 30K4.5%11.9%8.1%
 Income between 30K and 40K4.5%10.5%8.0%
 Income between 40K and 50K6.2%5.5%7.6%
 Income between 50K and 60K5.9%6.5%7.2%
 Income between 60K and 75K9.0%8.2%9.6%
 Income between 75K and 100K13.7%12.5%12.8%
 Income between 100K and 150K19.8%18.9%16.3%
 Income between 150K and 200K12.6%8.8%7.8%
 Income greater than 200K17.5%6.4%9.5%
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 Population By Occupation
 Plano, TXMagnolia, TXUnited States
 Management, business, finance25.8%17.7%16.4%
 Engineering, computers, science14.8%2.9%6.5%
 Community, social services1.1%0.7%1.8%
 Legal1.3%0.0%1.2%
 Education, library6.1%6.3%6.2%
 Arts, design, media, sports, entertainment2.2%2.0%2.0%
 Healthcare practitioners and technology5.8%3.3%6.2%
 Healthcare support1.4%1.0%3.3%
 Firefighters, law enforcement1.1%0.5%2.1%
 Food preparation, serving4.0%3.4%5.4%
 Building maintenance2.8%2.9%3.6%
 Personal care2.4%0.6%2.6%
 Sales, office, administrative support21.1%27.4%20.9%
 Farming, fishing, forestry0.1%0.0%0.6%
 Construction, extraction, maintenance/repair4.4%15.3%8.1%
 Production, transportation, material moving5.7%16.1%13.1%

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Reviews for Plano    42 Reviews

I had lived in Plano for over 30 years. It is where I bought my first home as a single woman, where I married, and where I raised my children. I was fortunate enough  More

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We have lived in Plano for 20 years. It has been consistently rated very highly in surveys of best places to live in the US. Pros are the parks system; which includes  More

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Over 3 years ago

I've lived here for a while now. It's wonderful here. There's a ton to do, great jobs, great parks, and pretty good school. It's the perfect  More

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Reviews for Magnolia    4 Reviews

Over 10 years ago

A great country kind of place to live with moderate costs and proximity to Houston although population growth is  More

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Over 17 years ago

Magnolia is a safe and great place to raise a family. Magnolia ISD is one of the top school districts in Texas. There are a lot of great golf courses located near  More

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Over 17 years ago

The area northwest of Houston is growing rapidly with new businesses and  More

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ZIPS IN PLANO, TEXAS
75025 75023 75074 75093 75024 75075
ZIPS IN MAGNOLIA, TEXAS
77355

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