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According to statistics, the population in Magnolia, TX amounts to 1,828, which shows decline -2% compared to the previous year. The median age of the city’s residents is 38. The average household income is $45,375, shifting growth 5% from the past year, and the average property value in Magnolia, TX growth 4% to $175,000 throughout the year.
|Number Of Employees||947|
|Median Property Value||$175,000|
The average household income in Magnolia, TX grew from $43,333 to $45,375 in the past year. This data is an estimate based upon 642 households in Magnolia, TX . The chart below presents how household income is distributed in Magnolia, TX in comparison to the revenue allocation amid households nationally.
According to data from last year, the average property value in Magnolia, TX shifted from $168,300 to $175,000 throughout the year. The subsequent graph indicates the share of properties in the given price range in Magnolia, TX in comparison to the median property value in the same price segment across the country. According to the data, the greatest share of Magnolia, TX properties falls in the '$200,000 to $249,999' range, which is lower than the most significant median property across the country.
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Magnolia, TX compared to median property taxes around the country. The prevalent amount of property taxes in Magnolia, TX equals $3000, which is less than the national average.
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