Magnolia, TX Employment - Median Household Income, Unemployment Rate

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B-

1%

Income/capita NAT. AVG.

8%

Household income NAT. AVG.

53%

Unemployment NAT. AVG.

Index	Magnolia	Texas	National
Income per capita	$30,236	$27,828	$29,829
Median household income	$59,890	$54,727	$55,322
Median income owner occupied	$86,700	$70,980	$70,586
Median income renter occupied	$40,179	$36,330	$35,192
Median earnings male	$53,214	$36,153	$36,919
Median earnings female	$27,400	$25,035	$26,250
Unemployment rate	2.2%	4.1%	4.7%
Poverty level	6.4%	16.7%	15.1%

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Key findings

The income per capita in Magnolia is 1% higher than the national average
The median household income in Magnolia is 8% higher than the national average
Male median earnings are 41% higher than female median earnings
The unemployment rate in Magnolia is 53% lower than the national average
The poverty level in Magnolia is 57% lower than the national average

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am i middle class

$39,922 $59,890 $119,780

City

$36,481 $54,727 $109,454

State

$36,877 $55,322 $110,644

Nation

According to the PEW research center, the middle class is defined as a range from two thirds (2/3) of the median household income to a multiple of two (2) times the median household income. Displayed above are the city, state and national median household income averages. Simply enter your median household income to determine if your income falls into the middle class or if your household income is considered upper or lower class.

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Magnolia median earnings by income bracket

Magnolia employment by industry

Labour Type	Male	Female
Construction industry	11.5%	11.5%
Manufacturing sector	20.3%	20.3%
Financial & insurance services	5.7%	5.7%
Wholesale & retail services	24.8%	24.8%
Public administration	3.0%	3.0%
Transportation, warehousing & utilities	12.6%	12.6%
Education, health & social services	2.8%	2.8%
Other	18.7%	18.7%

Nearby cities with high median household income

City	Population	Household Income	National Avg.
Todd Mission, TX	123	$120,982	118.7%
Stagecoach, TX	774	$112,656	103.6%
Montgomery, TX	2,204	$96,422	74.3%
Panorama Village, TX	2,641	$67,330	21.7%
Tomball, TX	11,689	$59,944	8.4%
Magnolia, TX	2,802	$59,890	8.3%

Cities with similar population

City	Population	Household Income	National Avg.
Island Walk, FL	2,802	$86,205	55.8%
Almont, MI	2,802	$63,029	13.9%
Pine Mountain Lake, CA	2,801	$56,355	1.9%
Bloomingdale, GA	2,801	$44,769	19.1%
Montague, MI	2,801	$62,839	13.6%
Magnolia, TX	2,802	$59,890	8.3%

Source: The Magnolia, TX employment data displayed above is derived from the United States Census Bureau American Community Survey (ACS).