Magnolia, Texas 

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Economy in Magnolia, Texas

Magnolia has an unemployment rate of 3.6%. The US average is 3.7%.

Magnolia has seen the job market increase by 3.2% over the last year. Future job growth over the next ten years is predicted to be 37.9%, which is higher than the US average of 33.5%.

Tax Rates for Magnolia
- The Sales Tax Rate for Magnolia is 7.3%. The US average is 7.3%.
- The Income Tax Rate for Magnolia is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Magnolia
- The average income of a Magnolia resident is $24,220 a year. The US average is $28,555 a year.
- The Median household income of a Magnolia resident is $39,167 a year. The US average is $53,482 a year.

INCOME BY POPULATION PERCENT

  ECONOMYMagnolia, TexasUnited States
  3.6%3.7%
  3.2%1.6%
  37.9%33.5%
  7.3%6.2%
  0.0%4.6%
  $27,864$31,177
  $45,375$57,652
  $61,154$70,850
  POPULATION BY OCCUPATION
  0.0%1.3%
  1.5%0.6%
  21.5%6.2%
  5.8%10.4%
  3.2%2.7%
  9.2%11.6%
  2.7%4.1%
  0.0%0.9%
  1.6%2.1%
  2.5%4.7%
  2.1%1.9%
  4.7%6.7%
  0.0%0.1%
  4.6%4.3%
  7.4%9.3%
  6.4%13.8%
  1.2%2.2%
  11.2%7.4%
  12.4%4.9%
  2.2%4.8%
ECONOMY MAP
  • Unemployment Rate (US Avg: 5.2%)
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    Reviews for Magnolia    4 Reviews
    Magnolia, Texas - 10/15/2014
    A great country kind of place to live with moderate costs and proximity to Houston although population growth is... Read More

    Start Your Review of Magnolia


    Country Living - 8/9/2007
    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... Read More

    Area is growing - 7/2/2007
    The area northwest of Houston is growing rapidly with new businesses and... Read More


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    COMPARE COST OF LIVING
    Compare Magnolia, Texas to any other place in the USA.

    MAPS OF MAGNOLIA, TEXAS
    Check out the latest Maps in a variety of categories including cost of living, population, and commute time.Magnolia,Texas Map
    ZIP CODES IN MAGNOLIA, TEXAS
    77355

    NEW LISTINGS IN MAGNOLIA
    $224,990
    337 Linedale Ave
    Bed 3 | Bath 2

    $3,500
    26401 FM 2978 Rd
    Bed 0 | Bath 0

    $285,990
    515 High Holly Cir
    Bed 4 | Bath 4

    $272,030
    107 Courageous Side Way
    Bed 4 | Bath 3

    $195,900
    26135 Hals Dr
    Bed 3 | Bath 2

    $429,000
    40214 Roundup Rd
    Bed 3 | Bath 3

    $1,790
    7203 Basque Country Dr
    Bed 4 | Bath 2


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