Most Expensive Magnolia Neighborhoods
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Magnolia is a very small city located in the state of Texas. With a population of 1,464 people and six constituent neighborhoods, Magnolia is the 726th largest community in Texas.
Magnolia real estate is some of the most expensive in Texas, although Magnolia house values don't compare to the most expensive real estate in the U.S.
Unlike some cities where white-collar or blue-collar occupations dominate the local economy, Magnolia is neither predominantly one nor the other. Instead, it has a mixed workforce of both white- and blue-collar jobs. Overall, Magnolia is a city of sales and office workers, service providers and professionals. There are especially a lot of people living in Magnolia who work in office and administrative support (16.12%), sales jobs (13.28%) and food service (11.25%).
Being a small city, Magnolia does not have a public transit system used by locals to get to and from work.
In Magnolia, just 12.66% of people have at least a bachelor's degree, which is quite a bit lower than the national average for cities and towns of 21.84%.
The per capita income in Magnolia in 2010 was $22,377, which is upper middle income relative to Texas, and middle income relative to the rest of the US. This equates to an annual income of $89,508 for a family of four. However, Magnolia contains both very wealthy and poor people as well.
Magnolia is a somewhat ethnically-diverse city. The people who call Magnolia home describe themselves as belonging to a variety of racial and ethnic groups. The greatest number of Magnolia residents report their race to be White, followed by Black or African-American. Magnolia also has a sizeable Hispanic population (people of Hispanic origin can be of any race). People of Hispanic or Latino origin account for 11.70% of the city’s residents. Important ancestries of people in Magnolia include German, Irish, English, Italian, Welsh and Polish.
The most common language spoken in Magnolia is English. Some people also speak Spanish.
|NUMBER OF HOMES AND APARTMENTS||529|
|MAGNOLIA HOME OWNERSHIP|
|% OWNER OCCUPIED||53.84%|
|% RENTER OCCUPIED||46.17%|
|TYPE OF MAGNOLIA HOMES|
|SINGLE FAMILY DETACHED||53.97%|
|ROWHOUSES AND ATTACHED HOMES||0.00%|
|SMALL APARTMENT BUILDINGS||5.75%|
|COMPLEXES OR HIGH RISE APARTMENTS||26.13%|
|SIZE OF MAGNOLIA HOMES|
|5 OR MORE BEDROOMS||0.62%|
|AGE OF MAGNOLIA HOMES|
|NEWER HOMES (2000 OR LATER)||18.66%|
|ESTABLISHED, BUT NOT OLD HOMES (1970-1999)||51.63%|
|WELL-ESTABLISHED, OLD HOMES (1940-1969)||26.44%|
|HISTORIC (1939 OR BEFORE)||3.27%|
|MAGNOLIA REAL ESTATE INFORMATION||DETAILS|
|MEDIAN HOME VALUE||$148,926|
|MEDIAN RENTAL PRICE||$726|
|HOME VALUE RANGE|
|$0 - $54,000||6.83%|
|$54,001 - $107,000||17.75%|
|$107,001 - $214,000||55.97%|
|$214,001 - $322,000||11.60%|
|$322,001 - $429,000||6.14%|
|$429,001 - $536,000||0.00%|
|$536,001 - $804,000||1.71%|
|$804,001 - $1,072,000||0.00%|
|PEOPLE OF MAGNOLIA||DETAILS|
|UNDER 5 YEARS||5.53%|
|5 TO 17||20.53%|
|18 TO 24||9.48%|
|25 TO 34||10.48%|
|35 TO 54||29.43%|
|55 TO 64||10.98%|
|65 YEARS AND OVER||13.57%|
|EDUCATIONAL ATTAINMENT OF ADULTS|
|HIGH SCHOOL GRADUATES||86.12%|
|MEDIAN HOUSEHOLD INCOME||$53,472|
|PER CAPITA INCOME||$22,377|
|INDIVIDUALS BELOW POVERTY LEVEL||10.06%|
|INDUSTRIES PEOPLE WORK IN||Retail (14.23%)
Professional, scientific, and technical services (8.40%)
Real estate (3.39%)
Information Technology (2.71%)
Public Service (2.03%)
|BLACK OR AFRICAN AMERICAN||10.34%|
|AMERICAN INDIAN AND ALASKA NATIVE||0.50%|
|NATIVE HAWAIIAN AND OTHER PACIFIC ISLANDERS||0.00%|
|SOME OTHER RACE ALONE||5.74%|
|TWO OR MORE RACES||1.29%|
|HISPANIC OR LATINO (OF ANY RACE)||11.70%|
|ETHNICITIES PRESENT||German (11.21%)
|LANGUAGES SPOKEN||English (92.05%)
Mon-Khmer (Cambodian) (1.16%)
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