Demographics
Population/Income -
- 2023 Population: 4,420 (Texas Demographic Center 2023)
- 2020 population: 2,359 (2020 US Census)
- Median age: 36.6 (2021 ACS 5-year)
- Median family household income: $104,028 (2022 ACS 5-year)
City Size &Taxes -
- City size in square miles: approx. 5.5 square miles
- Property tax rate (2024): $.2948 per $100 valuation
Housing -
- Median Home Value: $290,147* (Zillow 2023)
- Types of Structures: 68% Single-Family Homes
- Average Days on Market: 54 (Redfin 2023 Survey Data)
- Homeownership Rate: 65.4% (2021 ACS 5-year)
Education (2021 ACS 5-year)
- High School Graduate 46.8%
- Some College 38.7%
- Bachelor's Degree 8.1%
- Graduate/Professional Degree 7%
Labor Force (2021 ACS 5-year)
- Employment 61.2%
- White Collar Workers: 72.4%
- Blue Collar Workers: 27.7%
- Number of Universities within an hour’s drive: 9
- Number of colleges/universities within an hour’s drive: 15
Key Regional Industries –
- Construction
- Engineering Services
- Business Consulting Services
- Medical and Specialized Hospitals
- Retail Related
- Pipe & Other Metal Manufacturing
- Educational Services
2024 Fiscal Year/2023 Tax Year Ad Valorem Tax Rates per $100 valuation
Montgomery County | $0.3479 |
Magnolia ISD | $0.96 |
City of Magnolia | $0.2948 |
Mont. Co. Hospital Dist. | $0.0498 |
Lone Star College Dist. | $0.1076 |
Mont. Co. ESD 10 | $0.0879 |