2025 Compare Cities Economy:
Magnolia, TX vs Independence, MO

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Highlights
- Household income in Independence, is 15% less than it is in Magnolia and is 28% below the National Average.
- Magnolia unemployment rate is 7.4%.
- Independence unemployment rate is 5.7%.
 Magnolia, TXIndependence, MOUnited States
 Unemployment Rate  Unlock5.7%6.0%
 Recent Job Growth  Unlock1.4%1.6%
 Future Job Growth37.9%  Unlock33.5%
 Sales Taxes7.3%  Unlock6.2%
 Income Taxes  Unlock5.4%4.6%
 Income per Cap.$36,328  Unlock$37,638
 Household Income  Unlock$53,996$69,021
 Family Median Income$94,750  Unlock$85,028
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 Est. Households By Income
 Magnolia, TXIndependence, MOUnited States
 Income Less Than 15K  Unlock9.1%9.4%
 Income between 15K and 20K4.1%  Unlock3.8%
 Income between 20K and 30K  Unlock10.1%8.1%
 Income between 30K and 40K10.5%  Unlock8.0%
 Income between 40K and 50K  Unlock9.8%7.6%
 Income between 50K and 60K6.5%  Unlock7.2%
 Income between 60K and 75K  Unlock10.8%9.6%
 Income between 75K and 100K12.5%  Unlock12.8%
 Income between 100K and 150K  Unlock13.6%16.3%
 Income between 150K and 200K8.8%  Unlock7.8%
 Income greater than 200K  Unlock2.4%9.5%
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 Population By Occupation
 Magnolia, TXIndependence, MOUnited States
 Management, business, finance17.7%  Unlock16.4%
 Engineering, computers, science  Unlock4.9%6.5%
 Community, social services0.7%  Unlock1.8%
 Legal  Unlock0.4%1.2%
 Education, library6.3%  Unlock6.2%
 Arts, design, media, sports, entertainment  Unlock1.3%2.0%
 Healthcare practitioners and technology3.3%  Unlock6.2%
 Healthcare support  Unlock3.3%3.3%
 Firefighters, law enforcement0.5%  Unlock2.1%
 Food preparation, serving  Unlock5.9%5.4%
 Building maintenance2.9%  Unlock3.6%
 Personal care  Unlock2.6%2.6%
 Sales, office, administrative support27.4%  Unlock20.9%
 Farming, fishing, forestry  Unlock0.2%0.6%
 Construction, extraction, maintenance/repair15.3%  Unlock8.1%
 Production, transportation, material moving  Unlock18.2%13.1%
Reviews for Magnolia    4 Reviews

Over 11 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 18 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 18 years ago

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

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Reviews for Independence    10 Reviews

The ice age sent glaciers sweeping south, ending at what is the edge of the Missouri River. Independence, Missouri, has artesian water straight from this glacial melt  More

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Over 11 years ago

I've lived here pretty much all my life, and I have to say, I'm ready to get out. I'm not sure if the crime here has just skyrocketed over recent years, or if I was just  More

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Over 12 years ago

Independence, Missouri is just like any other fairly large, fairly old town. A city approaching 200 years old and having nearly 120,000 residents is going to have both  More

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