Magnolia, Texas Demographics & Population 2026
During the 2020–2024 ACS period, Magnolia, Texas had a total population of 4,068, the 488th largest city in Texas, with a median household income of $78,605, which is about the same as the state average. The poverty rate is 5.0%.
Data vintage: U.S. Census Bureau ACS 2020–2024 5-Year Estimates · refreshed July 2026 · Methodology & source notes
Key Takeaways
- An exceptionally low poverty rate of 5.0% — among the lowest in Texas.
- Near full employment with an unemployment rate of just 2.4%.
Magnolia Quick Facts
How Magnolia Changed
Change from the 2019–2023 ACS period to 2020–2024. These are rolling five-year estimates, not year-over-year measurements.
| Metric | 2019–2023 | 2020–2024 | Change |
|---|---|---|---|
| Population | 3,230 | 4,068 | +25.9% |
| Median household income | $70,516 | $78,605 | +11.5% |
| Median home value | $285,200 | $322,800 | +13.2% |
How Magnolia Compares
Median Household Income
Median Home Value
Economy & Housing
Household Income Distribution
Detailed income brackets
Employment
Housing Overview
People & Demographics
Age Distribution
Race & Ethnicity
Diversity Index
Moderate diversity with one or two groups making up the majority.
State average: 67 | National average: 61
Education
Educational Attainment (Adults 25+)
Magnolia Rankings in Texas
Explore Texas Rankings
Other Cities in Montgomery County
| City | Population | Median Income | Poverty | Home Value |
|---|---|---|---|---|
| Conroe | 102,360 | $76,206 | 11.2% | $309,600 |
| Cleveland | 8,984 | $54,519 | 19.1% | $174,400 |
| Willis | 6,878 | $68,632 | 11.1% | $124,300 |
| Pinehurst | 4,266 | $61,832 | 6.0% | $271,600 |
| Shenandoah | 3,705 | $61,833 | 10.9% | $395,200 |
| Oak Ridge North | 3,034 | $109,167 | 5.9% | $302,900 |
| Panorama Village | 2,525 | $77,411 | 12.5% | $291,100 |
| Montgomery | 2,489 | $72,917 | 9.6% | $363,200 |
| Deerwood | 2,366 | $61,436 | 8.8% | $69,000 |
| Roman Forest | 2,336 | $138,750 | 3.0% | $339,600 |
Cities Similar to Magnolia
These cities in the same state have comparable population and economic profiles.
| City | Population | Median Income | Home Value | Bachelor's+ | Poverty |
|---|---|---|---|---|---|
| Farmersville | 4,018 | $81,036 | $289,400 | 12.3% | 9.1% |
| Central Gardens | 3,976 | $83,750 | $216,700 | 30.7% | 12.7% |
| Springtown | 3,855 | $75,391 | $261,300 | 15.7% | 10.7% |
| Wills Point | 3,921 | $71,919 | $189,700 | 13.5% | 12.3% |
| Whitesboro | 4,173 | $70,134 | $249,800 | 28.0% | 16.5% |
Population Overview
Magnolia is a small community located in Texas, within Montgomery County. The total population is 4,068. It ranks as the 488th most populous out of 1,795 Census-designated places in Texas.
Age Demographics
The median age in Magnolia is 32.7 years. This is 8% lower than the state median of 35.6 years.
Economy, Income & Housing
The median household income in Magnolia is $78,605. This is about the same as the state median of $78,476. It is also 3% lower than the national median of $80,734. The poverty rate stands at 5.0%. This is 64% lower than the state poverty rate of 13.8%. This exceptionally low poverty rate indicates strong economic prosperity across the community. The unemployment rate is 2.4%. This is 55% lower than the state rate of 5.3%. The median home value is $322,800. Housing costs are 14% higher than the state median of $283,800. The home-value-to-income ratio is 4.1x. 64.1% of occupied housing units are owner-occupied. This homeownership rate is 2% higher than the state average of 62.6%.
Race & Ethnicity
The largest racial or ethnic group in Magnolia is White (non-Hispanic), making up 64.3% of the population. Hispanic or Latino residents account for 21.9%. The White (non-Hispanic) population is significantly higher than the state average (64.3% vs 39.1%). The Asian population (0.7%) is well below the state average of 5.5%.
Education
26.9% of residents aged 25 and older hold a bachelor's degree or higher. This is 20% lower than the state rate of 33.8%. Nationally, 35.7% of adults hold at least a bachelor's degree. The high school graduation rate (or equivalent) is 95.6%.
Data Sources & Methodology
All demographic data for Magnolia, Texas is sourced from the U.S. Census Bureau's American Community Survey (ACS) 2020–2024 5-Year Estimates. The ACS collects data from approximately 3.5 million households annually and pools five years of responses so that even small communities can be measured, though the margin of error widens as the population falls. Comparisons are made against Texas state averages and national averages calculated from the same dataset. Rankings reflect the city's position among all 1,795 Census-designated places in Texas. Read more about how these figures are produced on our methodology page, or visit data.census.gov for official data.
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Frequently Asked Questions
What is the population of Magnolia, Texas?
Magnolia, Texas has a population of 4,068 according to the most recent U.S. Census ACS 5-Year Estimates.
What is the median household income in Magnolia, TX?
The median household income in Magnolia is $78,605, which is 3% lower than the national median of $80,734.
What is the poverty rate in Magnolia, TX?
The poverty rate in Magnolia is 5.0%. This means approximately 202 residents live below the federal poverty line.
What is the racial makeup of Magnolia, Texas?
Magnolia's population is 64.3% White, 7.4% Black, 21.9% Hispanic/Latino, and 0.7% Asian.
What is the median home value in Magnolia, TX?
The median home value in Magnolia is $322,800. The home-value-to-income ratio is 4.1x.
How educated is Magnolia, Texas?
26.9% of adults (25+) in Magnolia hold a bachelor's degree or higher, and 8.5% hold a graduate or professional degree.