The City of Magnolia, Texas
Demographics/Population/Income
- 2023 population: 3205 , it is the 466th largest city in Texas.
- 2024 population projection: 3535 inside city limits/10.3% growth rate
- Median age: 34.8
- Median household income: $72,563
Education/Labor Force
- Bachelor’s Degree or higher 21.7%
- High School Diploma or higher 95.2%
- While Collar Workers 72.4%
- Blue Collar Workers 27.7%
- Job Growth since 2020 34.16%
- Number of Universities within an hour’s drive 9
- Number of colleges/universities within an hour’s drive 15
Fun Facts
Magnolia, Texas is in Southwest Montgomery County. Magnolia is currently growing at a rate of 10.29%. A short drive from Houston, Magnolia is has embraced the brand new SH 249 Toll Way allowing for easy access to north or south of the city along with major corporations like ExxonMobil moving into the area.
At the crossroads of progress Magnolia is still a place where neighbors help neighbors—a place to call home or grow your business.
City Size & Taxes
City size in square miles: approx. 5.5 square miles
Estimated Property tax rate (2022): $0.4051 per $100 valuation
2023 Local Tax Rates/$100 valuation
$0.3742
Montgomery County
$1.1472
Magnolia ISD
$0.3813
City of Magnolia
$0.0502
Mont. Co. Hospital Dist.
$0.1078
Lone Star College Dist.
$0.0852
Mont. Co. ESD 10
